Budget or ‘Pay Yourself First’? This post will question whether a budget is the best solution for increased savings Traditional money advice often starts with telling you that you need to create a budget. It says that you should analyse your current spending and identify areas that can be cut back, create a plan of […]
Why You Don’t Need A Budget Read More »
Knowledge Is Power And Reading Books Gives You Knowledge It is fair to say that there have been quite a few personal finance books written over the years. Many preach the same messages as this top 10 list again shows. However, there still seems a need for this advice as most people continue to follow
The 10 Personal Finance Books You Need To Read Read More »
Our Relationship With Money Our relationship with money can be simple or we can make it complicated. The world tends to complicate things and it is sometimes useful to just step back and think of simpler times and simpler ways of looking at life. If your goal is ‘financial freedom’ then you should really consider
My Grandmother’s 5 Simple Steps To Financial Freedom Read More »
Understanding Opportunity Costs ‘The cost of the next best alternative forgone’ That’s the definition of opportunity cost that I teach my students. But the important addition is to include ‘… when making a decision’. Decisions are everywhere, therefore economics is everywhere. Opportunity cost is the cost of the next best alternative forgone when making a
What Is The Opportunity Cost Of Not Learning Economics? Read More »
