Summary: The 72-hour rule prevents impulse purchases: Wait 72 hours before buying anything over £50, 60% of impulse purchases get abandoned during the wait Automation
Summary: The 50/30/20 rule is a starting point, not gospel: Adjust percentages for family budget based on your cost of living Zero-based budgeting beats percentage-based
Summary: Use the SMARTER framework: Specific, Measurable, Achievable, Relevant, Time-bound, Evaluated, and Revised – this beats vague financial goals every time Break annual goals into
Summary: Peak resolution period lasts 19 days: Most families abandon financial resolutions by January 19th, build accountability systems from day one Families who write down
Summary: Start with shared vision meetings: Get every family member’s input on money priorities before setting any financial goals Use the 50/30/20 framework adapted for
Summary: Empower, Monarch, and Quicken only work in the US/Canada: If you live in the UK, Australia, Europe, or Asia – you cannot use them.
Summary: • HMRC announced in September 2025 that 758,000 Child Trust Funds remain unclaimed in the UK, worth £2,242 on average. Anyone born between 1
Summary: • Incomplete wealth tracking: Family assets can become invisible when spread across multi-currency stocks and bonds, alongside domestic accounts – apps show outdated conversions,
Summary: Collaborative financial planning transforms family finances through transparent communication, shared responsibility, and coordinated goal setting, with many families arguing less about money when using
Summary: Start Early with Age-Appropriate Lessons – Introduce financial concepts to children as young as three, using simple activities like counting coins and discussing needs versus wants
