The Great Retirement Withdrawal Rate Debate : And why Dave Ramsey Is Wrong Many people dream of the day when they will retire. There aren’t many topics as polarising in the personal finance world as that of retirement. This week a Dave Ramsey video got the whole Finance Twiitter world in a spin. When should […]
How Much Can You Withdraw When You Retire? 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 »
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 »
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
How To Avoid Joining The Long List Of Financial Failures Read More »
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
Wealth Wisdom Is Timeless 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 »
Introduction Interest rates are a fundamental aspect of modern economics that affect our lives in more ways than we might realize. Whether you’re a young person just starting to save, someone interested in investments or planning to retire, understanding them is crucial. In this article, we will delve into how interest rates shape the economy,
Interest Rates Simplified: A Guide For Savvy Investors Read More »
What Is Credit? Will You Need It? Students often ask me about credit, credit cards and credit ratings. As a young person about to embark upon their financial journey, it is quite exciting to consider the fact that banks may provide them with loans to buy the things that they could unlikely afford to buy
Simple Tips For Keeping A Good Credit Rating Read More »
The Boring But Important Early Step Towards Financial Freedom And A Stress-free Life Let’s talk about something that might not sound exciting, but it is incredibly important: You need to save an emergency fund. I know, I know, you might be thinking, “An emergency fund? That’s boring!” But hear me out – an emergency fund
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