Build wealth. Love your life
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…
Editor’s note: This is the first of a series of posts I intend to publish on Friday. I realise that writing about frugality on The Money Principle is not what our readers expect; if anything we have publish on a number of occasions articles against glorifying frugality. Before you…
Editor’s note: Today I have for you a guest post by Vero, the blogger behind Financial Confessions: a UK based personal finance blog focusing on investing, careers and wealth building. In this post Vero discusses the financial advantages of moving in with your beloved and the ‘take away’ is…
Travelling the world can become very expensive, very quickly. Even the most experienced travellers or those with the strictest of budgets can find their finances rocked by unforeseen circumstances or simple bad luck. And this is why it is incredibly important to plan ahead as far as possible and…
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…
In blogging, there are posts that we all sooner or later write. In personal finance blogging I reckon two posts that serve like a ‘rite of passage’ are ‘the latte/coffee post’ and the ’emergency fund’ one. If you have read The Money Principle for any length of time you,…
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…
You know that it is important to improve your credit score, right? Credit scores are a way for lenders to determine how much of a safe bet you are when it comes to borrowing. They’re a crucial factor if you want to successfully obtain credit – whether that’s a…
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…
It is amazing what a portion of chocolate fondant and vanilla ice-cream can do for one. I know it is not exactly ‘low carbs’ diet friendly but it was a balm for my tortured soul after the day I had. And it is travel again: I am writing this in…
Editor’s note: Several months back a friend of mine called me an ‘apps virgin’. Nothing wrong with this, you may think, but I do pride myself on being technology savvy so it smarted. Since then I have made it my mission to check out different apps, particularly the ones that…
Editor’s note: This Friday Alex has turned chef…. Good day one and all. It’s beautifully sunny and cosily warm out there, for now, but let’s not bang-on about the weather this week. Instead, let’s turn our attentions back to Aldi – the glorious supermarket. But this time around I…