In your personal life, there is no such thing as good debt There’s this myth that some debt is “good” because it’s used for growth. The truth is that even when people take out loans with the intention of using it as an investment, they usually cannot resist the temptation to use it for consumption.Continue reading “What are the ten most important things about personal finance that everyone must know?”
Category Archives: Career
What is the best financial advice you can give someone making £25k per year?
I was there not too long ago, I made even less than that as a trainee accountant after moving to the UK. What you should be doing is first of all live within your means. Live in the least expensive property that you can. If you can live without a car – do it. SearchContinue reading “What is the best financial advice you can give someone making £25k per year?”
Which skills are the best to have to make money?
Learn to sell. If you can sell, you’ll never grow hungry and you’ll never be out of work. If you think you can’t sell, realise that you already sold yourself on not being able to sell. Humans are born sellers, all of us, and if you think you’re no good at it – it’s onlyContinue reading “Which skills are the best to have to make money?”
How can you make better financial decisions?
The past few months have really pulled the rug under many people’s feet. People who had their 9-5, felt safe with a steady, predictable income coming into their bank account every month, and felt that they had life figured out. But then the lockdowns happened, and you might be one of the millions of peopleContinue reading “How can you make better financial decisions?”
How can a disabled senior citizen make money?
There are many ways nowadays for anyone to make money online with practically zero barriers to entry. You can do affiliate marketing, which basically means you’re selling someone else’s product for a commission. There are literally tonnes of courses and books on the subject that you can learn the basics from. Essentially you can doContinue reading “How can a disabled senior citizen make money?”
How can people understand financial freedom in simple sentences and examples?
Financial freedom can be taken to mean a number of things, it really depends on who you ask. For some people, financial freedom means the ability to choose not to work. That doesn’t necessarily mean that proponents of this interpretation don’t work – some of them work incredibly hard. It just means that you can, ifContinue reading “How can people understand financial freedom in simple sentences and examples?”
What is the single job you would do if you had no money?
When I was a student in uni, I worked as a night shift security guard at a shopping center. My shifts would start at 11pm, just as the last shop in the center was closing. I then had the whole night to sit in a fairly comfy chair in the control room, with screens showingContinue reading “What is the single job you would do if you had no money?”
How do you make enough money to never work again?
Well, you could win the lottery…. although research shows that people who win the lottery more often than not revert back to their initial financial situation very quickly. You could come up with the next Amazon or Google, but that’s extremely unlikely and probably not a great basis to build a plan upon. Also, ifContinue reading “How do you make enough money to never work again?”
Is Anyone Making Money on Clickbank?
I think the problem for many affiliate marketers is that they’re sold some course or ebook on it that sells it as an “easy passive income”. The idea sounds pretty simple – get a winning product and put it in front of an audience that would find it interesting. What gives it that extra bitContinue reading “Is Anyone Making Money on Clickbank?”
Why do I spend so much money, especially when I am consciously trying to save?
Why trying to budget is a lot like a diet