Build wealth. Love your life
Dear friends of The Money Principle, With this post, I am going back to the beginning. You may not remember or know that, but this site used to be where I shared with you my thoughts, struggles, and life (such as it is). When I did that, my heart…
Yes, you heard me right – I just sold all my investments. Stocks and Shares ISAs? Sold. Gold coins? Sold. Share in a garage? Sold. Put all my money in our savings account – it is secure there, and it yields a bit of interest. Last tax year, our…
Do you wish you could stop worrying about money all the time? Do you go to having palpitations, thinking that there are two weeks to the end of the month and money for one week of groceries in your bank account? Do you wake up before sunset, covered in…
Eating well for less is high on my mind at present. My inventory of spending for 2020 told a story of food bills that can be lower. Ten years ago our overspending on food was from waste; today this is not the case. Our compost contains proper waste. So,…
Deciding to become semi-retired is not a trivial matter. Ask yourself the following questions: How much money do I need to live comfortably? How much money do I need to retire fully? How is becoming semi-retired going to affect my pension? What will give meaning to my life in semi-retirement?…
Do you remember the myth of Sisyphus? (Yes, this is the dude who was punished to push a rock to top of a mountain for eternity). You have probably heard about Icarus who, while escaping from an island using wings made with wax, dared to fly too close to the…
Introduction Today I’d like to chat about ways to transform wealth into wellbeing. Why do we need to talk about that? Two reasons, really. First, wealth matters little if it doesn’t nourish our lives and contribute to our wellbeing. And second, in our pursuit of wealth, we often forget the…
I’ve been thinking lately that my relationship with wealth and money is like the one someone suffering from bulimia has with food. I oscillate between a state where money – making it, keeping it and investing it – dominates completely and another one where I’m not that bothered. How…
I’ve never written about a money scam; about people being defrauded of thousands of pound and the scum who do it. Today’s post is all about how to spot a money scam and what to do about it. Because we had a brush up with the ‘bailiff scam’ and I’m…
If you are paid less than your colleagues for your work you need to get a pay rise. If you do all the low paid stuff your colleagues can’t be bothered with, you need to change. You don’t have to! This post will help you give the gender pay gap…
There are many lies about money you probably still believe. Don’t blame you – I did believe many of these money lies as well before I put my brain into gear and did some sums. You don’t even need complex maths, or any maths for that matter, to see that…
I just quit writing a long blog post about the signs that help you decide when it is time to quit. Why did I do that? I did it for the same reason I quit skiing this week. I quit because the costs of writing the post outweigh the benefits…