Build wealth. Love your life
Here is the next instalment of operation ‘focus on money’ we at The Money Principle are conducting – this week, we inventory in detail our earning, spending, and net worth during 2020. Some of you perhaps committed to doing this with me, and now is the time to share…
This is the second instalment of The Money Principle focus on money – today, I made an inventory of our investments and savings. This year has been a health, emotional, and investing rollercoaster, and my inventory is a testament to that. Still, our investments and savings’ total value is…
It’s always good to have some money tucked away for a rainy day. But have you thought much about your retirement? Once you stop working, how do you plan to support yourself and your family? These are questions that everyone must ask themselves at one point or another, but…
What would you say if I told you that there is a money hack that can help you increase your income tenfold and more? You’d probably say that I’m either a charlatan belonging to the Tower of London or a raving lunatic with a special place reserved in Bedlam….
Editor’s note: Today I give you a guest post by Lauren, the creator of Brit On A Budget where she posts about innovative ways to make and save money. You can follow Lauren on Facebook and Twitter. You might have seen numerous tweets and adverts encouraging people to open a…
Deciding to become semi-retired is not a trivial matter. Ask yourself the following questions: How much money do I need to live comfortably? How much money do I need to retire fully? How is becoming semi-retired going to affect my pension? What will give meaning to my life in semi-retirement?…
Thinking about relocating to Australia? Have you compared the cost of living in Australia and the UK? Australia is a favoured relocation destination for Brits. After all, there are many ties between the UK and Australia, culturally, socially, on the sporting pitch and even family ones. These links were forged…
This guest post by Simon from Financial Expert introduces the investing platform Property Partner. It explains how alternative investments in property can reduce the risk of an investment portfolio, and how technology has simplified this process. Introducing Property Partner Property Partner is a type of a ‘crowd-funding platform’. This is…
Here are the five ways to make your money work for you: Invest in the stock market and other financial instruments (e.g. equities, bonds, mutual funds, ETFs) Invest in luxury goods (e.g. art, sports cars, whisky and wine, precious stones) Invest directly in business (buy into a local business) Invest…
There are benefits to having a later life mortgage ranging from preparation for your golden years to benefaction and preserving the possibility to borrow. As usual with money, there are also mistakes you must avoid. Benefits and mistakes are set out in this post. “My new apartment is lovely. Unfortunately,…
Innovative Finance ISA allows you to use some of, or all, your ISA tax-free allowance to invest with a variety of lending platforms. In the same tax year, ending on 5 April, you can invest in one Cash ISA, one Stocks, and Shares ISA and one IFISA. IFISA, on the…
Photo by Harli Marten on Unsplash Research shows an average retired couple in the UK spends £26,000 annually to retire comfortably. How much do you need to retire comfortably depends on the life you want in retirement? Estimate how much money do you need to retire comfortably by estimating your…