personal finance
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Money and Happiness: How Much Do You Really Need?
Introduction We’ve all heard the saying, “Money can’t buy happiness.” But in a world where financial success is so often linked to well-being, the question remains: how much money does it take to be happy? While many believe wealth leads to happiness, research suggests that there’s a point where more money stops making us happier.…
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The FIRE Movement: Is ‘Financial Independence, Retire Early’ Right for You?
Introduction Imagine being able to retire in your 40s, or even your 30s. No longer dependent on a paycheck, you’d have the freedom to pursue what truly matters to you. This is the promise of the FIRE movement—an approach to financial independence and early retirement that’s gained a dedicated following. While some see FIRE as…
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2) Personal Finance Friday: My Investment Portfolio
88% of the UK lack confidence when it comes to personal finance and investing. It doesn’t need to be this way. Personal finance is a set of skills that can empower you to become comfortable and confident with money. Here are some of those skills, in today’s Personal Finance Friday. Today, I want to share…
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Why do you do what you do?
Have you ever asked yourself this? As in, why do you spend your time the way you spend it? It’s become a little bit cliche nowadays, to say time is the most precious commodity. But it really is. On your deathbed, you’re not going to think about how much money you have. You’re going to…
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How should you invest your money?
Dan was furious. He didn’t have the money. He needed to pay for his half of the deposit on the house that him and his partner planned to buy for years. It was the dream house. It was all they ever wanted. But when the time had come to put the deposit down, Dan couldn’t…
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How to Change Behaviour
There are two big challenges when it comes to changing one’s behaviour. Whether your own or someone else’s. And these challenges apply to any behaviour change from diet + exercise, to building better relationships, and from personal finance to your career. They’re the same, wherever you look. Challenge 1 – Education The first big challenge…
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Why You Need To Invest in a Stocks & Shares ISA Today
Lisa was a single mum of two, struggling to make ends meet. She worked as a cashier at a supermarket, earning minimum wage and barely covering her bills. She had no savings, no investments, and no hope for a better future. But everything changed when she received a £500 inheritance from her grandmother. Instead of…
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Warren Buffett has used this investment strategy to make millions; you should too
The article mainly discusses investment principles derived from Benjamin Graham’s book, “The Intelligent Investor,” which significantly influenced Warren Buffett’s successful investment strategy. It outlines five lessons: distinguishing investing from speculating, adopting dollar-cost averaging, embracing bear markets, continually educating oneself on financial matters, and regularly reviewing and adjusting investments. The article promotes Graham’s balance of diligence,…
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Why you should avoid the 5-8% High Street Bank savings rates
Saving money in a high interest bank account seems responsible. But even 5% interest doesn’t compete with 7-10% average stock market returns over long timeframes. Let’s compare John who saved £10K in a 5% savings account versus investing it. After 35 years, John’s savings earn him just £25K interest. Meanwhile, investing at 8% over the…
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The Freedom in Frugality: How Cutting Back Can Unlock Your Personal Freedom
You know those moments when you’re sipping a rather expensive latte, looking at that new Asos order in your room, or seeing off your third deliveroo of the week, daydreaming about a life where the jarring alarm clock doesn’t dictate your morning? A life where Mondays are as sweet as Fridays? A life where you…