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Money demons | Barclays

Manage your money demons

Master your Moneyverse

Most of us have a few bad spending habits – here’s a light-hearted look at those money demons that tempt us into buying things we don’t need.

Meet the money demons

Get to know your money demons – once you recognise them, you’ll be better equipped to shoo them away when they pop up to tempt you.

 Here are a few of the more well-known ones, with tips and tricks on how to banish them for good.

Recognise the demons

The deal demon

offerla toogoodus [off-err-la-too-good-us]

A curious little creature with an addiction to deals, especially those you don’t need. Commonly spotted hanging around flash sales and limited-time deals, spending on an array of unnecessary items.

See our tips on how to tame the deal demon and be more mindful with your money.

Person looking at bank account on mobile phone.

The lunch demon

luncheos costeus [lunch-us-cost-e-us]

This hungry demon loves all lunches… except the one you brought with you. It revels in delicious temptation and will lure you to the closest meal deal. Nothing delights this demon more than watching you buy exactly the same lunch you could’ve made at home for a third of the price (we’ve all been there).

Read about spending within your means and stop the lunch demon from sniffing around.

The subscriptions demon

subscriptus forgettus [sub-scrip-tus-for-get-us]

A close cousin of the unused gym membership demon, this forgetful little critter signs you up to streaming services and newspaper subscriptions – then refuses to remind you to cancel before the introductory offer period runs out.

Check out some smart ways to stay in control of your money and how the Barclays app1 can help.

Person looking at bank account on mobile phone.

The payday demon

spendus wagella [spend-us-way-jella]

Emerging from hibernation at the end of every month, this highly excitable demon is especially harsh as it can seem like it punishes the sensible. Waiting till payday to buy the essentials seems like the smart choice – but it often makes a big dent in your pay cheque as soon as it lands.

Learn how to save without noticing so you can cover surprise expenses as they pop up throughout the month.

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Managing your money

Dealing with money demons is one thing, but for many people, the rising cost of living is a much tougher challenge to take on. Our guides, videos, tools and real-life stories can help you keep a close eye on your finances.

 

Person looking at bank account on mobile phone.

Smart ways to stay in control

The Barclays app1 is a great tool to help you stay in control and track your spending, as well as to manage your card features. Here are some of the things you can do in the app today.