Your financial situation and how to improve it
Your current financial situation
The key to understanding your financial situation is to know what you have coming in, and what you spend each month. The best way to do this is by creating a simple budget that records your income and compares it to what you spend, your outgoings. To find out how to create a budget check out our “Building a Budget” video, that has tips, information and advice to help you back on the road to good financial health.
How Sunny can help your financial situation
The lending industry is full of confusing pricing, surprise fees and rigid repayment. We set out to offer something different. We provide a range of instalment loans, show clear, simple pricing and offer flexible overpayment plans which you control and which make it easy to repay early. Here in Money tips, there’s advice on building a budget, knowing the best ways to borrow, understanding what to look out for when weighing up loan options, managing your repayments and ways you can start to save money.
Building a budget
Building a budget can seem like a big job, but in reality it’s not as hard as it looks, and can be very simple. It can work for anyone – your budget is built completely around your individual situation and is designed to show you where you currently stand, not put restrictions on how you live. Follow our easy step-by-step guide to building a budget that works for you and your financial situation, and you’ll soon be back on track for a better tomorrow. For more tips on building a budget take a look at our “Building a budget” video below.
Understanding financial terms
Understanding financial jargon and lingo can be hard — what does APR stand for? How is it worked out and what does that mean for me? What is net income? What are arrears? Here at Sunny we like to keep things as simple as we can, so we created a simple financial glossary that lists all the terms you need to understand, and what they mean, to become a master of your money.