Vacancies for educational governing bodies under research

We all have a lot of responsibility in our lives, not the least of which is trying to manage our finances.

07:40 10 July 2013

Recent news is that suitable training for governing bodies responsible for schooling decisions and managing finances may be provided to help reduce the number of vacancies for the voluntary positions.

Many of us have more than enough to deal with regarding our own lives and finances. If you are worrying about the state of your finances, here are a few ways to try and improve them.

•    Employment options—you might be able to improve your finances by finding additional employment or changing your employment in favour of one who will pay more, or provide greater benefits to you.

 

• Record keeping—part of being able to improve your finances is being able to keep track of them accurately. If you know what to expect for your expenses and income, you will have a better idea of how to avoid issues or to plan for the future.

 

• Review loans—you may have vehicle loans or a mortgage loan, or perhaps even personal loans. If you keep a close eye on current interest rates for your accounts, you might be able to improve your finances by refinancing with a better interest rate, or by changing to another banking entity for a better rate. You might even be able to consolidate multiple loans into one so that you simplify your bills and possibly reduce monthly expenses.

 

• Establishing savings—one of the most basic ways to try and improve finances is to establish a savings account. If you have the ability to set aside even small amounts per paycheck towards a savings account you will benefit from earning interest on your money. You will also be providing a safety net for financial emergencies, and a way to avoid potential crises.