The Get Rich Project

If you’re working towards financial freedom, chances are you’ve planned how you’re going to get there. You’re going to save regularly, you’re going to invest wisely, you’re going to take advantage of the business opportunities which present themselves… the how is probably planned in minute detail. But have you thought of the why? Why are [...]

Lifehacker have a round-up of recent money saving tips. While much of is very US-centric, there’s likely to be something you can apply to your own situation/locale. One which I know from experience will work here in the UK is the tip to lower your credit card interest rate While talking with this agent, be [...]

I remember hearing long ago there was two types of debt: so-called “Good Debt”, and its counterpart “Bad Debt”. At the time no one took the liberty to explain the differences and it all got lost behind the drink-fuelled excesses of my student days. Now I’m a (semi) responsible adult, paying for all the past [...]

Apparently most UK school leavers can’t understand compound interest. I can’t remember where I read this tidbit, but supposedly it’s very true. Compound interest is one of the most wonderful things in the world of savings. Wikipedia describes compound interest with this horribly obtuse explanation: Compound interest, previously called anatocism, is interest which is regularly [...]

In my experience (I may look innocent, but trust me, I’ve been around a bit), where I see most people fail when it come to money, is they are too impatient. Society today is very much focused on the “Go! Go! Go!” attitude. Everything must be done quickly and everything must be instant. We see [...]