Build wealth. Love your life
Do you spend hours pouring over your budget just to end up the month broke and disappointed? Yes, I used to do this as well. I’d spend my time and energy deciding what I’m allowed to spend on different items just to find that I’d forgotten something important. At the…
Having conversations about money with teens is not easy. In this post I share why the most important money competence you can help your teen develop is spending money, the five essential skills when spending and how I’m trying to do this with my son. The five essential skills to…
What did you do this weekend? Anything exciting? Because I spent my time between meeting old friends, making new ones and doing my cash flow analysis. Which, as it happens, needs resurrecting. You see, most people use budgeting to control their spending. My kind of budgeting is somewhat different…
Editor’s note: This is a guest post from Pauline of InvestmentZen.com. The point Pauline makes here is simple: to achieve financial independence you need to master three things: spending less, earning more and investing wisely the rest. Financial independence is the stage of your financial journey where your passive income…
‘Here she goes again.’ – I hear you say. Crooning about a good credit score and how to get it. You are right I’m on the go again. After all, I did promise you a series of articles on investing. Let me tell you, investing thirty minutes in checking…
If I ask you to tell me three money rules fast which ones are they going to be? [Take a minute to think about it and let me know in the comments.] The ones I’d most likely think about are: Spend less than you make. Stash the difference away….
Do you know what the only number I need to be able to tell you whether you are financial failure or prosperity superstar is? No, I don’t want to know how much you earn: I know too many people who earn over £100,000 and have twice as much consumer debt….
Editor’s note: Tonight’s post is by Lewis Humphries. Lewis is a finance and business blogger from the UK. He writes extensively for sites such as Career Addict and Life Hack, while his work has also featured on sites such as Business Insider, Investopedia and Money Crashers. He also has a…
“Gosh, I’m so glad I have no savings and a lot of debt!” It was a dark autumn evening in 2007 and I had just spent a couple of hours in a lecture theatre full of people frantically worried about their savings, pensions and investments. Most had worked hard…
Look at these strawberries! Look yummy, don’t they? Today I’ll tell you how to turn strawberries into scrummy homemade jam in less than 15 minutes. You know, in slightly longer than the time it takes you to read a post on The Money Principle, you could wind up with delicious,…
John and I didn’t talk about money. All we did is earn it and spend it. We didn’t discuss how we make money and how much we make; we certainly didn’t discuss how much we spend. Heck, we didn’t even know how much we make and how much we spend….
When it comes to money-making, education is your best weapon. Don’t believe me? You don’t have to look very far for an example: just look to the right of this page. You see the picture? Yes, it’s me. Twenty-five years ago I landed in Manchester, UK with $20 in…