On financial independence and financial health
Something has been bugging me lately and when something is bugging me I go away, do some research, do some thinking and write it down. The question that I have been pondering is the following: what is the difference between financial independence and financial health? Now, most literature on personal…
The Money Principle Store Cupboard: three things we learnt
When I asked my friend Elaine to write articles on how to build a store cupboard, there had already been some talk about it, and I knew she had worked hard to create one for herself and her family. We, however, were still resisting. Thinking about it, I have another friend…
Why create a store cupboard?
This article on why we need to create a store cupboard was written by Elaine Colliar from Mortgagefreeinthree.com. Thank you, Elaine! I resisted the idea of menu planning and creating a store cupboard for a very long time. In my head, I thought that laying in stores of food…
Four Ways to Reduce Your Food Spending
Let’s talk about how to reduce your food spending because it is part of sorting out your money. Over the last eighteen months, we have reduced our monthly food expenditure by between one-third and a half. It is anybody’s guess how much we used to spend before my records…
Master Your Wants: My ‘protected wants’
Do you want to master your wants? This is easy: you’ll have to work out you ‘protected wants’ by completing the exercise. I developed and completed this exercise about a year ago and it was meant to stop me lusting after things. Because where temptation is concerned I am like…
How to Master Your Wants and do Your Wallet a Great Favour
You already believe that what has an enormously positive effect on your money is learning to control your wants, not your needs. What you’d like to learn next is how to master your wants. In this blog post, I share with you an exercise for mastering your wants that I…
Conquer your needs or master your wants?
Master your wants or control your needs? This is the question. When I needed to curb my spending, particularly the ‘God Knows What’ part of it, one piece of advice kept cropping out: ask yourself do you really need this? If the answer is ‘no’ just don’t buy it….