Build wealth. Love your life
For some time now, I’ve felt that a large proportion of the personal finance advice around – and some of it coming from established names in the industry – is wrong. Not the kind of ‘people just don’t get how this works’ wrong; more like the ‘world has changed…
There are two things in finance, including personal finance, with which you can work if you want to change your situation: income and expenses. Your financial situation and future crucially depend on what the ratio between the two is and what have you done with the difference; if the difference…
Our readers have probably noticed the change in our financial priorities. In a nutshell, these have become ‘increase earning’, ‘keep spending steady’ and ‘invest the rest’ so that we can achieve financial health and financial independence.. Nothing unusual about this one: most people dream about being financially secure, and…
Unless you’ve been living in a cave over the last year, you know that tax avoidance has been one of the biggest business stories of the year. It’s become a legal blood-sport for press and politicians. Deride naughty tax avoiding brands, and have readers and voters sagely nodding, while darkly…
To clarify this from the beginning: Surya is the Hindu god of the sun – celebrated in regular festivals and venerated by a billion or so followers in India and beyond. It may seem rather trite to combine the concept of frugality with such a cherished idol, and certainly,…
When paying off debt many people go ‘cold turkey’ – no fun, no holidays, none of the little pleasures in life that are not absolutely necessary. To me, this has always smacked a bit of a crash diet where you hardly eat anything for days denying yourself the base…
Several weeks back I was approached by representatives of TD Direct Investing with an offer to co-produce some content. The e-mail mentioned the results of a survey carried out for TD Direct Investing that showed some interesting results. Naturally I assumed…well, I don’t know what I assumed but I remember…
The retirement lifestyle to which we aspire has been on my mind lately. You see, we want to have a comfortable retirement where we travel, spend time in sunny places far away and go native by learning the language and culture. In brief, we don’t want a retirement in front of…
…and the lives of those around you. This is what a group of professors at Harvard and the University of Utah found. But let me take you through this one a bit more gently. In June, 2013 Daily Finance and other reputable sources reported on the results of research published…
I am spitting feathers. Worse – it is a long time since I have been so angry. Those who know me will recognise that I don’t usually blow up but today I did. And when I do, it is best to take cover. Why? Who is it that has made…
One of the things that transpired when I met the lawyer working on selling the property in North Bulgaria was that I needed the original of a particular document which I had left at home in Manchester; somewhere! I am not entirely deprived of virtues but patience has never…
Have you seen a movie called ‘When Sally met Harry’; if not, go see it! Apart from it being one of my all-time favourites I recently had an occasion to remember a conversation between Harry and Sally that went something like this: Sally: One day soon I’ll be forty and…