My Anxiety About Money Is Ramping Up (& Cost of Living)
My anxiety about money is kicking in again. It has nought to do with the (abstract) media screaming about the rising cost of living. My worry about money combines decreasing income and our regular monthly spending increasing. Let me tell you about it. (If you wish to hear about…
The Four Big Advantages of Storing Financial Data in the Cloud
If you have been toying with the idea of storing financial data and records digitally – particularly in the cloud – but have not yet pulled the trigger, here are four reasons why doing so could turn out to be one of the most astute decisions that you have…
Becoming Debt Free is a Matter of Making Five Life Changing Mental Adjustments
Becoming debt free is as much a matter of mentality, or your beliefs and attitudes, as it is about numbers and spreadsheets. Don’t believe me? Hear me out and then decide whether you agree with me. And whether you are ready to work to transform the ways in which…
Wealth Building is Impossible and Pointless Without Health
Wealth building is high on the list of priorities for us at The Money Principle. We believe in personal finance with a twist – we build sustainable wealth for a happier life, and take the friends of The Money Principle with us. We don’t lust after riches, Champaign-filled baths,…
Questions to Ask When Choosing a Mortgage Lender
Lenders are not the same. So, you must choose the one that fits your needs the most before proceeding with the loan process. Asking questions to a lender should always be your first step, but knowing the answers to these questions makes you more likely to succeed. Below are…
Greetings From Our Favourite Greek Island
We are soaking in the sunshine on Skiathos after an interruption of three years. We are not only on Skiathos but we are staying at Zorbas Family House – John calls it our home from home. We arrived late at night, enveloped in hugs and met with ice-cold beer…
Why I Keep Writing About Money?
“You keep writing about money?” – my colleague exclaimed with a mixture of amazement, amusement, and admiration. You see, most people know me as the university professor who teaches sociology and philosophy of science and travels the world guest speaking on how science works. Few know me as the…
Thinking slow and how to avoid over-trading and making impulsive mistakes
The words ‘act in haste, repent at leisure’ should be front and center in the minds of anybody who trades stocks, crypto, or any other asset – many traders, and particularly newcomers, open positions at the wrong time simply because they have acted in haste and without performing the…
How to Stop Overspending (& still enjoy life)
I had to learn how to stop overspending, and I didn’t even realise I had been doing it. Yes, I would have been seriously offended if you had asked me ten years ago whether I was overspending. In my mind, I was living modestly. Then I kept a spending…
What Happens to Debt if I Die?
What happens to my debt if I die? This was the question racing through my mind when we had £100,000 worth of consumer debt. I also knew we had already messed up our sons’ future royally. Morbid? Probably. Practical? You bet. I didn’t want to leave our sons to…
How to use car finance as a positive financially
No matter what type of car you decide to purchase, be it used or new, you will find that buying a car is going to be expensive. Therefore, it is important to decide before you make the purchase whether or not you will pay with cash, or if you…
How to Become Debt-Free or the Three Stages of Debt Repayment
You know that we just paid off all our consumer debt. We paid off all shamefully and inappropriately high amount of it n three years. Smooth sailing it was not and, looking back, how to become debt-free has three stages. Naturally, I published a post about it. I wanted…