This is a common dilemma with many people. Am I better off if I buy a house or if I continue renting? As with all personal finance questions, the answer is “it depends”.
It depends on what is most important to you.
Pure Finance
If you are looking at the pure finance of the decision then you [...]
Retirement planning is crucial. The wrong move can be very hard to correct when it comes to retirement. So, what are the top 5 mistakes people make in retirement?
1. Withdrawing money too soon
By withdrawing your money too early you can get hit with an early withdrawal penalty. Generally, 10% if you withdraw before age [...]
Okay so maybe a million dollars is a bit of an exaggeration, and maybe I was just trying to get you to read the post.
But, here we present the popular Simple Living series for another week, and this week take a look at how to save big, long term, dollars through huge savings on [...]
Bogus overseas banks.
The con man, the promoter gets people to think that there are high-return, low-risk financial instruments sold by elite overseas banks. These prime banks do not exist. Using complex terms and promising that their funds are guaranteed, promoters collect money that they then often use to pay for cars, vacations, homes and [...]
I got an email from a reader the other day letting me know the link to subscribe to the feed reader was down.. thanks! It is now all fixed up.. and we have (in case you did not notice) spruced up the site a bit, with a new theme. Most people think it looks [...]
Sound too good to be true? Is this personal finance guy really trying to tell me ANYONE can afford everything they ever wanted? Wait for it, I bet this is going to be another “positive thinking” and “personal power” Anthony Robbins style post.
No it is not.
This is a personal finance blog. We talk money [...]
If you are in your 20s what are some of the important things to think about with your money? How can you help create wealth? and grow your money? Here are some of my own suggestions, and if anyone has any other ideas or suggestions please leave it in the comments..
Today I posted a link loving list of 25 ways to save money. I thought it was only fair that I sit down and put some effort into sharing my own sage wisdom of 25 ways to save money.
It is certainly an interesting exercise, to sit and think about the ways you save money. [...]
No it is not “the secret”.
But, something entirely more pragmatic.
The only sure-fire investment, no matter the market trend or the economic situation, is yourself. If you want to achieve financial freedom and independence, then you need to start relating to yourself as a business.
You need to invest in yourself. You need to [...]
Over the last couple of years my wife and I have held onto the dream of working from home and making money on the internet. I am happy to say that we are closer than ever these days.
It is interesting as we have gone along to notice that each of us seem to have [...]
Driving Home a Bargain
Petrol rebates from credit cards and the retail stores you shop at add up. You might save $1000 a year from becoming super disciplined about how and where you buy your fuel.
Emergency Cash
Where do you keep your emergency money? If you have it in a current account that pays 1% you [...]
More and more of us are opting to follow our passions when we invest. This year, high-income families will place 22% of their assets in alternative investments, according to Capgemini and Merrill Lynch, up from 10% in 2002.
How do you invest?
It seems some of us feel an increasing need to connect emotionally with [...]