Essential Money Housekeeping for 2024 (& How I Did It)
Every year, early in January, I do our money housekeeping. Why do I do that? Some may say I do it because I am a boring old f*rt with nothing better to do. They will be wrong. I conduct our money housekeeping inventory because I see it as a…
Stay Debt Free Forever (& Money Management Systems to Help)
Let me tell you what I know about how to stay debt-free and the money management systems that helped me do it. (Yes, we have lived debt-free since 2013 when we paid off £100,000 consumer debt.) You see, to get out of debt and stay debt free you need to:…
Pay Off Your Debt (& Obstacles You Must Overcome)
To pay off your debt you must: Be single-mindedly committed; Crave debt freedom with the hunger of a thirsty man in a desert; Take pride in paying off your debt; and Have a great plan. Do you want to pay off your debt this year? I know that the economy…
ISA Annual Allowance Demystified (& How to Use It Optimally)
Today, I will help you understand the ISA annual allowance and how to use it to optimise your returns. First, let’s clarify what the annual ISA allowance means – consider it your highway to tax-free savings and investments. Whether you’re a savings newbie or a seasoned investor, these tips…
Supercharge Your Vanguard ISA by Being Spectacularly Boring
As a Vanguard investor, you can see your Vanguard ISA as your straight road to financial bliss. It is not going to make you a private plane wealthy fast, but over the long run, it will help you build a hefty pile of cash. And you don’t have to…
5 Things to Know Before You Invest in Gold
As a novice, when you invest in gold, the array of choices can appear quite intimidating. Your conscious choice to broaden your investment horizon by including an asset like gold illustrates your prudence in financial management. You should exercise the same level of care and understanding while making your…
5 Mistakes Beginner Investors Make When Investing in Gold
The California Gold Rush of the mid-19th century is a narrative deeply ingrained in our shared history, a time when it appeared as though everyone was consumed by the allure of gold, willing to take up a pickaxe and chance upon finding fortune. In today’s context, the quest for…
10 Important Investment Lessons from Tony Robbins
In this article, I share 10 important investment lessons I learned from Tony Robbins. In brief, the top investment lessons are: Bear markets are your best friends; Watch fees, charges and taxes like a hawk; Think about potential loss before you think about potential gain; Master the ‘asymmetry of risk/reward’…
Common ISA Investment Mistakes to Avoid (By ISA Type)
In this post, I will unveil the key ISA investment mistakes you must avoid. I aim to empower you with knowledge so you can make the most of your ISAs and protect your financial future. Individual Savings Accounts, or ISAs, are the shield between your growing savings and investments…
Here is Why We Give to Food Banks (And You Must As Well)
I feel ashamed to remind you to give to food banks because I regard them as the most severe indictment on the state of our society. There are no two ways about it. And before you send me to Hades for shaming users of food banks, let me clarify…
3 Best Asset Protection Strategies for Wealth Preservation
Wealth preservation is a crucial aspect of financial planning, and effective asset protection strategies play a pivotal role in safeguarding your hard-earned assets. Individuals and businesses seek reliable methods to shield their wealth from potential risks in an unpredictable economic landscape. Partnering with an experienced lawyer can help you devise…
The Art of Spending Money: £2.2 Million on a Bottle of Whisky?
Spending money is an important skill to learn. But some people… On Monday, a bottle of Macallan 1926 whisky (bottled in 1986) sold for £2.2 million. There are only 40 bottles, which makes it a collector’s item, I suppose. Although I understand the need of the super wealthy to…