Knapsac Blog

Discussing all things budgeting

14 Posts

Reviews

Emma vs Yolt

While there are a fair few personal finance apps out there. Emma and Yolt are two of the most popular money management apps right now. In this piece we are going to analyse and compare two of the biggest names in the space. We are comparing Yolt against the free version of Emma…

Budgeting During a Pandemic

A brief explanation of the UK’s travel corridors

The 4th of July was a monumental day for the holiday and tourism industry, it was the day that the foreign office changed its advice against all but essential travel. Following this the UK government announced their ‘travel corridors’ initiative. The introduction of travel…

Alternative Budgeting

Is the rise in subscription culture a blessing or a burden

Subscription payments very quickly became the new normal and the question as to whether it’s the right payment procedure is one that hasn’t been thoroughly answered. In this day and age you can pretty much pay for anything through a subscription model, which begs the question, is…

Alternative Budgeting

The Financial Lessons We Can Learn From Love Island

ITV’s hit series ‘Love Island’ has rapidly become one of the most talked about shows in the UK, since it’s birth in 2015, the public hasn't been able to resist the sheer entertainment that comes from putting 12 buff boys and girls in a Spanish Villa filled with cameras. Watching…

The Startup Process

How It All Started and The People That Helped Me Through

I spent 30 years solid in Financial Services firms. I wasn’t a bank clerk or equivalent. Having paid my dues in the early days I enjoyed (is that really the right word?) some senior roles in a variety of brokerage firms, mostly big and successful ones.When I was made redundant…

Alternative Budgeting

The Financial Lessons We Can Learn from Game of Thrones

‘Who will sit on the iron throne’, how many times have you heard that in the last couple weeks, probably one too many. Game of Thrones currently has the world at a standstill as we have collectively become obsessed with the fantasy world George R.R. Martin has created. And while…

Advertising

The Rise of Memeification in Financial Technology

Open Banking was legalised on the 13th January 2018. Recently we have seen a prolific rise in challenger banks and Personal finance management applications (PFMA). Open Banking is a recent legal development in the UK, meaning banks now have to supply a customer’s financial data…

Pushing yourself

Laziness

LazinessI am currently in the midst of saving money, fortunately I get paid every week and on every pay day I put a lump sum of my wages into my savings account. From a financial perspective I am in a desirable position, I have recently graduated, I have a full time job and I am…

Partnerships

The Achilles Heel

The Achilles HeelUniversity has come to an abrupt end. Higher education has come to an abrupt end. It is a strange feeling being in the education system for seventeen years and then one day being told you have completed it. Many things have changed since I finished university, I…

Partnerships

Planning with a Partner

Planning With A PartnerYou can go it alone and hope for the best or get your partner on the same financial page. Remind your partner of the benefits of budgeting together and if you can’t find shared goals, be prepared to compromise.Heaven, I'm in heavenAnd my heart beats so that…

Partnerships

I'm Good, You're Not

Definition of budget - ˈbʌdʒɪt - noun - an estimate of income and expenditure for a set period of time."I'm just good at this sort of thing""It's evolved. I have been doing it for years""I'm really on top of it""I put a lot of time and effort in""I developed my own system""I use…

Reviews

YNAB vs Pocketsmith

There are many apps and services out there designed to help you to get a handle on your finances. Today, we are comparing two of the more established and popular subscription-based budgeting tools to help you get started and to help you take control of your finances.The two…

Getting started

Getting started with budgeting

So many reasons to do something else but we bat those reasons away and inspire you to get started.The inertia thingLike so many things, the hardest thing is to get going. When I go running I'm always negotiating with myself while I'm getting changed. Negotiating reasons not to go…

Planning

What About Cash??

It’s all very well coming up with a plan for your finances and matching where, when and how you spend your money versus your goals but where does cash fit in?Well we think cash is important and we suspect that you enjoy the feeling of having plenty of it in your pocket, handbag…