In today’s world, it’s never too early to start investing. The earlier you begin, the more time your money has to grow, thanks to the power of compound interest. But where do you start as a teenager with limited funds and little experience? This guide breaks it all down for you—showing that you don’t need […]
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Learning About Financial Freedon Should Start Early When I was a teenager, financial freedom was a term I’d barely heard of. I was taught to save my pennies, maybe open a savings account, but investing? That was something for adults. Fast-forward to today, and if you’re a teenager reading this, let me tell you: you’re
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What Is Financial Independence And Why Do I Want It? FIRE stands for Financial Independence Retire Early. FIRE is a popular acronym, but I prefer simply ‘financial independence’ (FI). That’s because the ‘retire early’ part often creates confusion. Most people who reach financial independence don’t actually retire. In simple terms, it’s about building up enough
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How can wealth provide us with a better life? We know that being rich means owning a lot of stuff. But I would like to propose that real wealth is really all about achieving the absence of stress more than it is about achieving the presence of material things. A Million Dollars Of Stuff Why
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Welcome To Your Teenage Guide To Getting Rich Slow This blog post is an introduction to the supposed secrets of the rich. It is your very simple teenage guide to getting rich slow. That’s right, this is no ‘get rich quick’ scam. Growing your wealth doesn’t have to be complicated. It can be simple, but
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HOW BOOKS ARE CHANGING MY LIFE I’ve admitted in another blog that I’m not a writer. Well, until recently I was also not a reader. My entire working life as an economics/business/humanities teacher, I’ve never really read many books. I’ve always had so much reading to do in my job that actually reading a whole
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What Should You Be Learning In Your Teens? If you’re currently in your teens, then you are going through a significant time in your life. As well as the usual challenges of school, relationships with parents and friends and just being a teenager, you might also be thinking about your future. You know that sometime
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Why Is It So Hard To Talk About Money? Have you ever asked another person how much money they make? Possibly not. Many people consider money to be a private matter and may feel uncomfortable discussing their financial situation with others. I guess it makes some sense. We can’t talk about it because so many
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Getting Started There are many finance-related terms that kids need to learn. Unfortunately, these are not often taught in school. I am often surprised when I learn how little some adults know about money and personal finance. Terms that some consider simple and crucial to understand such as interest, taxation and dividends are still a
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Introduction To Making Money Mistakes Why would you make mistakes when it comes to money? When you graduate from high school, you can feel invincible. The world is waiting for you to discover it. You are about to move into a job or maybe off to university or perhaps even a gap year. You assume
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