SHEILD: Want to 'take ground' but feeling unsure? Invest with confidence, knowing the following 5 areas of personal finance are sorted. S - Savings (Emergency Fund): How much you need in your emergency fund is determined by the likelihood of you suffering a financial loss, the value of this loss, and the time
I know a lot of people in 'building mode' want to make the best use of what they have – Is this you? Are you trying to get some income ready for when you’re not working any more? If so, be prepared for a couple steps forward, and the odd step back too.
In a world where we're often told what to do and what to accept as normal, it's easy to fall into the trap of aiming for "good enough." Take passive index-fund investing for example. I do a bit of this myself. We're told through not-so-subtle marketing, that the 'data says'. The data says it's impossible
In the coming years, there's a non-zero chance we may witness a significant financial event known as a currency reset. A currency reset could work as it would allow governments to repay their debts in the new world by making their currency worthless, thus reducing the real value of their obligations. This reset could potentially
Topical topics get clicks but those who don’t do it for an employer in a marketing department, have a bit more freedom with what they talk about – that’s me, and I’ll occasionally exercise this freedom by sharing or hosting views that might be good for you to hear but unpopular for me to say.
Life is short, and wanting to invest, is a lousy alternative to actually investing. To improve our investing habits, we need to think about the deeper aspects of our psychology that drive them. For instance, before we act on our behaviours, we make tactical choices about what actions to take. Those choices are based on
First, let's address something many are feeling but few are saying: sometimes, it's hard to stay optimistic. Whether you're grappling with a sickness, personal setbacks, or disappointing weekend, it's hard to keep in mind that over the long term, there are wins as well as losses. For the most part, rest and medication can work,
By Carley Ellis I was seven, maybe eight years old and I was playing with my cousins at my Nana’s house. I’m pretty sure were playing something wholesome like Hide and Seek, and being the youngest, I was still stuck on “Finder” duty. I heard some giggling coming from the inside of the bathroom -
"In times of great change, the beginner's mind has the advantage," That's something worth remembering, whether you're a novice investor or a seasoned pro. In the world of personal finance, it's easy to get lost in the art of budgeting or tangled in the tools of trade like shares, property, or index funds. Yet, the
Our future promises to be vastly different from the world we know now. Why, because we're living in an exponential age, and technology is now moving at a pace we're not prepared for. Parents, like myself, and like you too, may be grappling with an unusual quandary. How do we teach our children to thrive,
