Teaching Money Habits: Your Teen and Poverty Mentality?
Does your teen think you are poor even when you’ve just returned from a nice holiday in the sun? They may be displaying early symptoms of what is known as a poverty mentality. And if poverty mentality was only mildly unpleasant and offensive to you, I wouldn’t be telling you…
Pay Off Debt or Save and Invest
Pay off debt or save and invest? This is the question. Prioritising what you should do with your money is always an issue. Most people, especially those aged 25-40, are usually carefree regarding money. Saving up for the future is not really a priority, and paying everything off with…
Conversations About Money With Teens or Why I Refused My Son 10 Euro
Having conversations about money with teens is not easy. In this post I share why the most important money competence you can help your teen develop is spending money, the five essential skills when spending and how I’m trying to do this with my son. The five essential skills to…
7 Money Wasting Habits You Need to End
Money. Sometimes, it seems like everything is about money. Often, money is the main factor in our lives. It’s why we work. It’s how we get the things we need. It’s what drives ambition. The lack of it can mean misery, even starvation. We need to make as much money…
Which One Are You: 4 Different Types of People When It Comes to Money
We all know people who handle money completely differently from the rest of their family or their partner. One spends, and the other saves to the point of making the eagle scream. Basically, there are four different types of people when it comes to money. You can even take quizzes…
Conversations About Money: Being Wealthy is Not About Money
“Are we going to be poor, mum?” – my teenage son asked. I was driving us to the gym and we were talking about changing our phones. Naturally, he wants a top-notch iPhone; I understand that. I worship in the temple of ‘Apple’ too. What was my son about? I…
Tips for Choosing Your First Investments if You Have Little Money
So, you’ve heard all the advice about how you should be investing, and you can’t wait to get going. You are considering your first investments and there’s only one problem – you don’t have much money. You’re not alone in this regard. Every investor would like to have tens of…
Budgeting is Not for Wimps: My Cash Flow Analysis Needs Resurrecting
What did you do this weekend? Anything exciting? Because I spent my time between meeting old friends, making new ones and doing my cash flow analysis. Which, as it happens, needs resurrecting. You see, most people use budgeting to control their spending. My kind of budgeting is somewhat different…
Transform Job Redundancy Into a Most Exciting Opportunity
In this post, I discuss seven ways to get you away from viewing a job redundancy as the end of your dreams and see it as the opportunity of a lifetime. Faced with job redundancy, we feel fearful and stressed; this is only to be expected. Heck, I want to…
Financial Stress: How Drowning in Debt Adversely Affects Your Health
If you are up to your neck in debt, then you know just how stressful trying to keep up with bills and payments can be. Financial stress, however, is not simply in your head. If it gets bad enough, it could start affecting your overall health in very serious…
Your Game Plan to Financial Independence
Editor’s note: This is a guest post from Pauline of InvestmentZen.com. The point Pauline makes here is simple: to achieve financial independence you need to master three things: spending less, earning more and investing wisely the rest. Financial independence is the stage of your financial journey where your passive income…
Women and Investing: the Wisest Options to Consider
What is your vision of the ideal woman? A careful mother and loving wife whose duties are limited to housekeeping, cooking, parenting and self-care, while the role of the main (and only) breadwinner belongs to her husband? No way! Today’s ideal woman is the one who knows how to stand…