Free Money – the 2013 UK Budget Report
Collect your £120k interest free loans here! The UK Budget of 2013 was a wasted opportunity for a structural change in the economy. George Osborne, Chancellor of the Exchequer, skimmed past the historical mistakes, blaming low growth in particular on the antics of the Eurozone. And the government is still…
Easy to forget rule of personal finance: have fun and budget for it
Ha, ha! See this picture? Thanks to Adam from the Magical Penny, the UK personal finance bloggers who ‘stayed the distance’ last weekend were immortalised. Guess which one is me? (Of course, I am so much better looking in person!) This article, however, is not about looks; it is about…
Old money and new friends
Have you heard about the Hurlingham Club? If you have, you know much more about London private members’ clubs than I did a week ago. Apparently, the Hurlingham Club is recognised as one of Britain’s finest private members’ club, it was established in mid-nineteenth century and was the cradle of…
Empty Pockets Full of Time
Editor’s note: This is another article by Alex, a young British man who is currently unemployed. I would leave the take away for you but please remember that the feelings are real. Let us also remember that Alex is one of almost six million young people across Europe. Those of…
Four Universal Income Strategies to Boost Your Money
Let’s talk about income strategies. Why? Some time ago now I published an article which was about the big payouts and bonuses bankers get; and most of the time this is a reward for a job that is really shoddily done – from failing IT systems to money laundering….
About net worth, value and structure
Let’s talk about net worth, value and the structure of your wealth because each of these can help you build wealth faster. Remember I was telling you last October that even when we had a glimpse of the so much longed-for debt finish line we still spent about £5,000…
Principled Money Posts #37: Happy Mother’s Day edition
Today is Mother’s Day in the UK and we are making a bit of an occasion of it. Which, as the more observant amongst you may be quick to point out, goes against my nature for two reasons. First, I am a mother and proud of it (hey, after all…
You and I, the System Glitch: Job Centre woes
Editor’s note: Today I am very happy to introduce to you a new writer for The Money Principle. This is Alex’s first article and I hope you find it informative and useful. There are many joyful surprises that come to light for jobseeker’s claimants in the UK, if you are…
About running, money and life: lessons from Stu Mittleman
Do you know who Stu Mittleman is? I didn’t either but then a close friend, colleague and running buddy of mine told me about something called ‘slow burn’. Here, I would like to save you the bother of searching the internet for ‘slow burn’ – Wikipedia just told me there…
What do you do about saving these days?
As regular readers will know, we are looking to build an investment portfolio and are therefore becoming interested in the science and practice of storing money – that is, investing. So let me dream for a little, imagine that we have already amassed a stash and want to put it…
Tax Avoidance for the masses (well some of them anyway)
One Saturday a few months ago we were out shopping in the village and bumped into a good friend of ours who has four children – we know quite a few such families. The brief conversation got round to the (then) imminent withdrawl of Child Benefit from the ‘better off’…
Zen and the Art of Maintaining a Website: the world is changing and we need to move with it
Right, people! This article comes with a warning: if you are under 35 please stop reading now since anything I say is probably a second nature to you. Go learn something that may be useful to you. If, on the other hand, you are over forty stay with me a…