Build wealth. Love your life
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…
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…
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…
Let’s talk about net worth, value and the structure of your wealth because each of these can help you build wealth faster. Remember I was telling you last October that even when we had a glimpse of the so much longed-for debt finish line we still spent about £5,000…
As regular readers will know, we are looking to build an investment portfolio and are therefore becoming interested in the science and practice of storing money – that is, investing. So let me dream for a little, imagine that we have already amassed a stash and want to put it…
Have you ever stayed in a hotel where the shower is a glass cubicle in the middle of the room? No? I am in a room like that now and this is the picture. If I wasn’t dog tired, I would have been seriously spooked – taking a shower and…
We are approaching the point where all our negative wealth will have gone and then we will have a spare couple of thousand pounds a month to play with. It has taken quite a time and a lot of effort to get to this but it will, we hope, have…
This is a Guest Post by Clive and I decided to publish it to signal my refocusing interests. I hope many of my readers find the article informative and useful. The current financial markets around the globe continue to be extremely volatile. This volatility requires an investor to closely monitor…
Yesterday Maria published a post suggesting that for a fulfilled life in our pre-dotage before we are off to the commune, we will need to amass a net worth of some £2.5 million ($4 million) of savings and investments over the next 5 years. This is our retirement, not…
Last week I admitted to being a bit of a chicken where it came to financial risk. This comes from my family background I think – we never had much money at home yet paid off the only mortgage we ever had in ten years. Even so, while my parents…