Build wealth. Love your life
As regular readers will know, we have started to think of investing in order to build sufficient money so we can sit back – or lie back – enjoy ourselves and do some good. Maybe it is a bit late in the day but since we haven’t cracked time…
Many years ago I persuaded myself that, as I had become self-employed, it was important to take care of my aged self. Or at least, think about it. I don’t recall now whether this was from a call or a suggestion or I came to the conclusion without prompting. I…
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…
Moving up the housing ladder can mean a few different things. It could be about getting to a better location or upgrading to a new build rather than an older property – but for many it’s simply about upsizing. More rooms and larger rooms are one of the big changes…
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…
Editor’s note: This announcement of an exciting event in London to discuss an important issue in European finance can be of interest for our readers in the UK: both personal finance bloggers and ordinary readers interested in the latest developments and well informed opinion/debate. We were invited to attend but…
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…
Last time I was visiting a friend in the south of England, we naturally drifted towards discussing our pension provisions. Well, we’re both academics, women in our 50s, and we learn through experience that sound money management needs the attention of a good woman. While we were busy discussing…
Yesterday we were sitting in the garden – yes, we do have a bit of summer here in Manchester, England – having coffee and chatting. Then suddenly, John grinned and said: ‘Darling Prof, you did remember to lock the apartment in Sofia, didn’t you?’ …and I went from ‘relaxed’ to…
Let’s talk about knowing your net worth. What is the first thing that comes to mind? A number, right? This is great. At least it is much better than what I used to think about. When I was a ‘wealth drifter’ – you know, when I didn’t know how…
At The Money Principle, we seem to be specialising in achieving impossible targets! Our regular readers will know that, having paid off a large amount of debt, we are now aiming to build wealth – some £2.5million worth – over quite a short time – 5 years. There is no…
Now that my foray into the property selling/nationality mess up domain is over, I opened my work e-mail for the first time in about a week. And there it was – a reminder that I should be preparing my retirement (not even an early one, guys) and thinking about…