By Chris on May 10, 2006 in Budgeting, Hints & Tips, Savings | 3 Comments
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 you […]
By Chris on May 9, 2006 in Hints & Tips, Savings | 0 Comments
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 firm […]
By Chris on May 9, 2006 in Hints & Tips, Savings | 0 Comments
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 added […]
By Chris on May 8, 2006 in Budgeting, Hints & Tips, Savings | 0 Comments
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 something […]
By Chris on May 7, 2006 in Budgeting, Get Rich Project, Hints & Tips, Savings | 2 Comments
Working my way to financial independence - the freedom to make the choices I want to - is central to why I started the Get Rich Project. To get there though, I need a plan. You do too, but I’ll get to that in a later entry.
My plan isn’t exactly rocket science and neither does […]