Women and Money (& How to Build Wealth as a Lady)
Let’s talk about an overlooked but important topic: women and money. You are a strong, educated, and independent woman, I know. Still, as a woman, you struggle with unique challenges regarding wealth building, long-term financial planning and management. We all do irrespective of education and background. Times have changed and…
Skinny Pancakes (& How to Eat Well for Less)
Here is a tasty and affordable pancake recipe. I call them ‘skinny pancakes’ because they are made with water, not milk. Pancakes with honey and feta cheese! I know this sounds like a strange combination but next time you are eating pancakes don’t keep only to sugar and lemon….
How to Pay Off Credit Card Debt (& Forget About the Economy)
Are you pacing nervously and wondering how to pay off your credit card debt? Very likely. According to the latest statistics, over 75% of people have some debt. Yes. This means that 75 of every 100 people reading this post have debt. Also, statistically speaking, you only pace and…
When Is It Time to Leave Your Job?
Today, I’d like to discuss whether it is time to leave your job. No, this is not a theme emerging, but my interest has been aroused. I find everything around changing jobs, occupations, work and status very interesting at the moment. No wonder, then, that when I spotted an…
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…
Becoming Debt Free and Five Life Changing Mental Shifts
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 decide whether you are ready to transform how you see your life,…
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,…
How to avoid over-trading and making impulsive mistakes
The words ‘act in haste, repent at leisure’ should be front and centre in the minds of anybody who trades stocks, crypto, or any other asset – many traders, and particularly newcomers, don’t avoid over-trading and open positions at the wrong time simply because they have acted in haste…
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…
Can You Inherit Debt? (& How to Protect Your Loved Ones)
Can you inherit debt and what happens to my debt after I die? These were the questions 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…
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…
Will debt affect getting a mortgage?
You need a mortgage to buy a house. You also likely have debt; after all, who doesn’t have debt these days? And the question you ask yourself is will debt affect getting a mortgage. I will give you the short answer first, and please forgive me for sounding like…