"The Irish Government aren't the only people who have been working on a budget for the coming year."
"With summer - and its expensive holidays - in the rearview, attention turns for many to the monetary pressures of Christmas, or for how to enter 2026 in a better financial position."
"But budgeting doesn't necessarily come easy, whether it's on account of the budgeter not having the right knowledge or the right mindset."
"Because the psychology of money, and how we feel about our finances, can have huge impacts on how we budget and prepare."
Household budgeting often follows public budgeting cycles, with many individuals shifting focus after expensive summer holidays toward upcoming holiday costs and preparing for the next year. Monetary pressures from Christmas and a desire to enter 2026 in a stronger financial position motivate budgeting efforts. Budgeting can be difficult when people lack relevant knowledge or hold unhelpful mindsets. Emotional attitudes toward money and psychological biases influence spending, saving, and preparation choices. Recognizing cognitive and emotional drivers can improve budgeting outcomes by informing targeted education, habit changes, and planning strategies.
Read at Independent
Unable to calculate read time
Collection
[
|
...
]