Happy Independence Day to all my US readers!! Hope you are enjoying the day off! Photo credit To quote Forbes.com, Here’s a holiday suggestion that only a personal finance blogger would make: While you’re celebrating Independence Day, take some time to nail down the day you want to become financially independent. Super geeky, right?… Read more
Viewing posts tagged with: money
Where do you keep your wealth?
I first saw this post on Free Money Finance together with an interesting piece of information: the median American net worth is not even $69,000, down for the past few years due to the loss in house equity mainly. Most of this relative wealth is kept in the form of retirement accounts, real estate, and… Read more
Should you accept money from your parents?
I read a few posts lately about generational wealth transfer, and now that I am in my late 30s, I still have friends around who think nothing of having their parents pay their rent (“but I HAVE to live in a 2 bed place, and I can’t afford it!”), cell phone plan (“but it’s cheaper… Read more
Do we need to be taught how to manage our money?
If you were asked the question about which section of society is most frivolous with money, using it to pursue wants rather than needs, and often failing to plan in any responsible way, students would no doubt be near the top of the list. Recent research by The Student Room confirmed this in a multiplicity… Read more
It is nothing money can’t fix
That is one of my favorite sayings. While I may look like I have my financial sh*t together, I have had way more occasions than I care to admit to say it. Last time? When I had to spend over $1,500 on a flight back to Europe because the $150 offer I had seen was sold out… Read more
How I built wealth faster
I was talking to a friend recently, about how having kids made him a better worker. He wanted to give his kids the best, and whatever happened, he needed to feed two more mouths each day. He said he had never been making so much money because finding money to cover food, clothing and schooling… Read more
Will You Turn Out Like Your Parents Financially?
Since financial education is pretty much non existent at school, you learn your money habits from your parents. Here is my family story. I was raised in a middle class family. My dad was the sole bread-earner for most of my childhood. My mum, a primary school teacher, stayed at home to raise me and… Read more
5 Ways to Waste Your Money in Your 30s
Those who are in their thirties need to come to the realization that the financial decisions made now will affect the remainder of their lives (and potentially the lives of their children). Unfortunately, there are some common mistakes that can literally cripple one’s financial future. Let us take a look at five pitfalls and… Read more
How much do you spend on gifts?
I just went to buy my BF his Christmas present. I suck at gift giving, and I don’t really do Christmas anyway, so it is always complicated to find something nice. And usually, I find most cheap presents so annoying that I overcompensate with something super expensive in the end. Or nothing. This year, I… Read more
When Your Money Troubles Cause Serious Anxiety and Depression
Money troubles got you down? You’re not alone. In the U.S. alone, workers lose $192.3 billion every year in earnings because of depression and other mental illnesses. Depression can happen because of money troubles, and money troubles can happen because of depression. No matter which comes first — the chicken or the egg — you… Read more
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