Top broken resolutions and what to do about them
About this time every year, millions of people start thinking about what they’d like to do to change something about their lives, from kicking habits, beginning new habits (preferably good ones) to doing more or doing less. Unfortunately, the mindset needed to resolve to do something, and that required to actually do it are entirely …
Got million dollar money habits?
What is it that rich people do that makes them wealthy? Popular thinking would appear to indicate that they have a different mentality. But is that pure genetics, or is it possible to learn some of the behaviours and processes that make the rich, rich?! In Tom Cory’s collection of books such as Rich Habits, and …
Pocket Money – How much is enough?
‘Pocket Money’ or ‘Allowance’ is a valuable resource for children to learn about the value of money. It is a useful tool for parents to encourage children to develop confidence in consciously and actively managing money. But how much is enough? For many parents, deciding how much pocket money is appropriate is anything but an …
Are you spending it like you stole it?
Turn on the TV; you can’t avoid the adverts. Open a newspaper or a magazine, and you’re hit full in the face by expansive, full-colour montages selling you the dream – showing precisely what you need to buy to make you desirable, to make you exceptional; to make you and your life perfect. Watch YouTube? …
What the rich teach their kids
I recently re-read Rich Dad Poor Dad by Robert T.Kiyosaki and wanted to share the key financial lessons with you. This book is all about transforming your income so that your money works for you, rather than you having to work for your money, a subject I am obviously very passionate about! This semi-autobiography shares Kiyosaki’s financial …
5 reasons to get a documented financial plan
We are not the only financial advisers who commend the benefits of having a documented financial plan. A quick Google on the importance of goals and their importance to success demonstrates why financial advisers are keen to help clients establish a documented financial plan. Despite popular belief, it is not because we love paperwork! It is …
Financial lessons from your Mother (that you should have listened to)
Mother’s Day. The day we celebrate our Mums and let them know how much we love them. Mum is the best teacher we ever had: She taught us how to speak, how to use a knife and fork properly, how to use the washing machine and even helped us choose which university to attend. She …
5 tips for becoming a regular saver
Most of us are familiar with the benefits of saving money regularly. Much like dieting, we are often full of good intention but are prone to the occasional distraction that prevents us from achieving our goal. The main challenge with regular saving is that it is up against instant gratification; humans just aren’t hardwired for …
How Brexit may impact your savings as an expat
Teresa May committing to launching Article 50 by March seems, at first glance, to suggest a level of certainty for Brexit. With the legality of the referendum still being called into question. There is also the real possibility of a UK departure from the EU having to be approved by Parliament. Brexit may still potentially …
6 Benefits of Financial Independence
How often do you receive promotional offers, delivered right to your inbox, encouraging you to spend? We live at a time when you can order just about anything online, any time of day or night, and have it delivered to your front door without even having to step outside. The compulsion to buy is, quite …