Build wealth. Love your life
Spending money is an important skill to learn. But some people… On Monday, a bottle of Macallan 1926 whisky (bottled in 1986) sold for £2.2 million. There are only 40 bottles, which makes it a collector’s item, I suppose. Although I understand the need of the super wealthy to…
Swipe. Ding. Another purchase made using contactless payment. Oh, the sweet sound of convenience, right? Still, are you feeling a bit out of control deep down? Do you feel your money is leaving your bank account faster than you can say ‘swipe, ding’? I know. I felt the same….
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…
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…
This week I’ve done a review of spending and it’s left me feeling good. As part of a generation that often have troubles maintaining regular work and struggle to make ends meet, it’s unfortunately common to find myself feeling down in the dumps some days. In fact I constantly worry…
It would be fair to say that our lives would be pretty much impossible without comparison; yes, I know that it is commonly believed we make decisions and act on the basis of fact but it is not true – we decide and act on the basis of our judgement…
Last Saturday at the Airport, looking at the large number of electronic devices each travelling group had to put through the security belt, I started thinking that there is hardly anything natural left about our lives. Well, the lives of most of the people most of the time anyway! We…
I just got a message from Jacob at My Personal Finance Journey that The Money Principle has won and is to wear the Yellow Jersey till the next race. I am really pleased; I have never won anything, you see. And winning a bloggers’ contest is really something for me:…
When I asked my friend Elaine to write the 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…
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…
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…