This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
January Blues? Time to refresh your view and financial wellbeing!
Back to News & insights
The festive season may be over, but January can feel like a tough slog. The days are short, the weather is miserable, and payday feels like it’s lightyears away. Add in the financial aftermath of December – gifts, parties, and those irresistible January sales – and it’s no wonder many people are feeling the pinch. If you’re feeling like your financial wellbeing has taken a hit, you’re not alone.
But it’s not just about the money. Financial stress affects everything, from your sleep to your overall mood. If you’re feeling stretched too thin, worrying about bills, or struggling to get back on track, you’re not alone. The good news? There are simple steps you can take to regain control of your finances and start the year feeling empowered.
5 Easy Ways to Improve Your Financial Wellbeing This January
1. Set Up a Budget That Works for You
Budgeting doesn’t have to be complicated. A simple breakdown of your income and expenses can help you see exactly where your money is going. This makes it easier to cut unnecessary spending and prioritise what really matters. If you’re not sure where to start, using the budgeting tool on the Lifetime app or online hub can make the process effortless.
2. Start Small and Keep It Real
Big financial resolutions can be overwhelming, so focus on small, achievable goals instead. Whether it’s saving an extra £10 a week or cancelling that unused subscription, small wins add up quickly. The key is consistency, not perfection.
3. Shop Smart, Not Fast
January sales can be tempting, but before you hit “buy now,” ask yourself: Do I actually need this? Impulse purchases might feel good at the moment, but they can quickly eat into your budget. A simple rule? Wait 24 hours before making non-essential purchases – if you still want it, then it might be worth it.
4. Build a Rainy-Day Fund (Even If It’s Small)
Saving after Christmas might feel impossible, but even setting aside a few pounds each month can make a difference. Financial security isn’t about having a huge lump sum – it’s about creating a small safety net that gives you peace of mind when unexpected expenses pop up.
5. Don’t Be Afraid to Ask for Help
If you’re feeling stuck, you’re not alone. Whether it’s chatting with a financial coach, using a money management app, or reading up on budgeting tips, sometimes a fresh perspective can make all the difference.
Why Financial Wellbeing Matters – for You and Your Workplace
At Lifetime, we’re all about helping people feel in control of their money – and, most importantly, good about it. Whether you’re looking for budgeting support, financial planning, or ways to ease money stress, we’ve got your back. Money worries can have a serious impact on mental health. While we can help with money matters, if you’re feeling overwhelmed, Mental Health & Money Advice offers free resources to help.
For employers, investing in financial wellbeing isn’t just a “nice-to-have” – it’s essential. When employees feel less stressed about money, they’re happier, more productive, and more engaged at work. Supporting financial wellbeing can boost team morale, improve retention, and even enhance workplace culture.
Start Your Journey to Financial Wellbeing Today
Let’s make this January the month you take control of your financial wellbeing. Whether it’s for you, your family, or your employees, we’re here to help.
Ready to get started? Book a chat with our team today!
Written by Ione Morton, Marketing Executive at Lifetime