Life

Debt is often referred to as one of the ‘3-Ds’ – alongside death and divorce – each of which can be devastating to people’s lives because of the financial stress they cause.

While we certainly don’t want to ruin the fun, there is a way to enjoy the festive season and stay (mostly) healthy.

Research shows that when you are at a stay-at-home or part time working mum, you are mostly responsible for budgeting for your family.

Was one of your New Year’s resolutions to start saving or be better with your money? Every year saving money is amongst the top ten most common New Year’s resolutions.

Last week we explored the concept of saving 10% of your income, hopefully you have begun putting those strategies in place.

13 years of education for your children isn’t cheap, even through the public system.

If you’ve being following my guide and putting the steps into practice you should come to a point where you are starting to build up some extra cash in your bank account.

In my last article I talked about some different types of asset classes that are easy to gain access to and pretty affordable in terms of the minimum you can start with.

You should find that you can implement step 1 to 4 quite easily and start moving forward quickly.

In the book ‘The Richest man in Babylon’ securing your future refers to two key areas; Ensuring an income to provide when you can’t/ or don’t wish to work anymore – what we now have the luxury of calling retirement.

Wealthy people keep learning and educating themselves, not necessarily through formal education but continuing to read and learn from others can only enhance your life and your journey towards wealth.

Buying a house and getting a mortgage can be one of the biggest debts that you take on in your life.