This is what to do when you have no money at all
This is what to do when you have no money: Ensure you have food for three-four weeks. Negotiate all payments you have to make and ask for a ‘payment holiday’. Apply to all emergency money schemes for which you are eligible. Keep yourself clean, tidy, and presentable. Start earning money;…
How Do I Find Money to Pay Off Debt?
There is one reason you are in debt – you spend more than you earn. It is not rocket science; it is a matter of first-grade arithmetic. If regularly spend more than you earn, you will be in debt. “Ah, now I understand’, you are thinking. ‘But if that…
Which Debt to Pay Off First?
After working out what debt you have, it is time to decide which debt to pay off first. There are different schools of thought, and various personal finance gurus will offer different counsel. I will not tell you what to do or which debt to pay off first –…
What Debt Do I Have (and five practical steps to work it out)
What debt do I have? Many readers ask this critically important paying off debt question– having a clear picture of your debt allows you to calculate whether you can pay it off, and make decisions about specific ways to approach your debt and the order in which to tackle…
Facts You Might Not Know About Online Trading
Trading online involves a whole lot of knowledge. That’s why it is recommended to always stay in touch with recent news, trends, figures and other elements that can affect how the markets perform. However, there’s more to it than that. As a trader, you also need to know the…
Stocks and Shares ISA is an Extraordinary Opportunity for Ordinary Investors
Do you have stocks and shares ISA? Have you maxed out your investing ISA before the end of the tax year on April 5th? Statistically speaking, you probably don’t have stocks and shares ISA – in 2018-19, there were only 2.5 million investing ISA accounts in the UK. Furthermore,…
The Money Principle is Dead; Long Live The Money Principle
I created The Money Principle eleven years ago to share my journey towards money mastery and hold myself accountable. At the time, we were still in too much debt, and my grasp on personal finance was still tenuous at best. Since then, our situation and The Money Principle have…
52 Practical Frugal Living Tips You Can Implement Immediately, Save Money, Cut Waste and Still Have Fun
Frugal living, for some, is as natural as breathing. They celebrate every penny saved, revel in every deal and glory in even the smallest money win. I’m not like that. Being frugal never rocked my boat and ‘saving for saving’s sake’ has never been my thing. Don’t misunderstand me….
5 Lame Excuses so Women Don’t Invest
It is a sad fact that women invest less often and less – a recent poll found that 70% of women reported they have no investments. Couple that with us living longer and we have a serious problem. Many sisters will live in poverty when older and that is a…
Investing Tips for Absolute Beginners: Conquer Your Insecurity, Follow the Basics and Don’t Sweat the Maths
I remember trying to puzzle out investing and yearning for beginner investing tips to help me find my way through the maze of possibilities. I looked for investing tips in books and became more muddled by the complex maths and long and unfamiliar words. I searched for opportunities, and my…
How to Pay off Debt Fast: 10 Actionable Steps to Become Debt Free While Loving Your Life
Living with the weight of a mountain of debt is stressful. On the one hand, is the insecurity and fear of being indebted, and on the other, is the confusion and inability to deal with the situation. It is tempting to live your life like an ostrich and bury…
Happy New Year and Let Us Make This One Count
Happy New Year, money nerds! (I know I am a bit late with the New Year vibe, but giving you some time to sobber up and get ‘your mind on your money and money on your mind’ was an easy choice.) May 2022 be kinder and generous to you….