It’s Never Too Early To Start The teenage years are a time of growth, self-discovery, and laying the foundation for the future. While it may seem early to think about building wealth and happiness, the truth is that the habits and choices you make now can have a significant impact on your long-term success. Let’s […]
Top 12 Ways For Teenagers To Invest In Themselves Read More »
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
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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 »
Bankruptcy We have all seen examples of financial failures. For some it comes down to unavoidale factors; bad luck, poor timing or a poor economy. The concept of bankruptcy – seeking legal relief for one’s debts, whether personal or in business – dates back at least to the 1500s if not earlier. The term comes
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Your Relationship With Money Is Important We all have different relationships with money. But as Morgan Housel says in his book “The Psychology Of Money”, ‘we’re not all crazy’. We have just had different experiences that have shaped how we feel about money. This also shapes how we treat money and how we see money
Why Is Your Relationship With Money Important? Read More »
In the realm of personal finance and wealth accumulation, certain principles have stood the test of time. Some of these guiding principles have been passed down through generations, transcending the boundaries of time and culture. Here is where can easily see that wealth wisdom is timeless. But for most people, they have either been lost
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A Student Perspective From Grade 12 Student Arth Tak Imagine what the school curriculum would be like if we let students decide exactly what it is that they were taught. What would you suggest be taught? In my classes, I often get student feedback on the things that they enjoyed and the topics that
What Do Teenagers Want To Learn About Money? Read More »
Why Own A Credit Card? Of all of the money-related conversations that I have had with my students, the most misunderstood is probably related to credit cards. Unsurprisingly many students see having and using a credit card as almost a right of passage. They are simply things that adults use – so they must be
Do You Really Need A Credit Card? Read More »
