Up until recently, I've been pretty thoughtless about my money. It goes into my bank. Sometimes I move it into a saving account and earn, like, 3p interest a year, sometimes I move it back of my savings account by the end of the month. Usually I spend all my paycheck and am struggling by the time the next one rolls about.
But since getting an actual full time job I can see myself in for a while and since turning 25, I've been thinking of ways my money can go further. I've wanted to start saving money for a long time now, putting it aside for a rainy day or maybe the future when I eventually want to move out or buy my own car. However a lot of money jargon is simply just gibberish to me and although I kind of generally know what most things mean - different accounts, different ways to invest your money - I don't quite know it well enough to understand it or understand it enough to make a decision.
That's where Nutmeg comes in and for someone who knows little to nothing about what to do with her finances, this site is pretty damn helpful. It's a super easy way to start investing your money and what's even better it's all easy to understand and is completely upfront. It's a really easy way to evaluate what you want to do with any savings you have - especially if it's all just sitting in a bank account and you're thinking it's about time you start doing something with it.
The website itself is very easy to use and navigate, making the overview of your savings always upfront and easy to understand. On top of that, I really love that it's aimed at just your average person - you don't have to be a financial expert or someone who is really rich to use this website! Even someone like me who doesn't have the foggiest clue about most financial things could understand it clearly.
It's definitely daunting when you get to the age where you realize you can't always splurge all your spare cash on last minute weekends away and things like that. I mean sure, you can still do it now and then, but it's definitely tough when you get to the point of wanting to do something more with your money.
Nutmeg makes this a whole lot easier though and is definitely one of the first options you should consider when you get to this stage in your life!
*Post published in conjunction with Nutmeg.com