Simple Financial Tips That Can Make A Difference

2018 has certainly flew by and wow.. we’re going into March already? Perhaps now is a good time for us to do a stock-take on our money. Here is a couple of tips on how to keep more money in your wallet this year. 1. Don’t Do Mental Accounting When Building Your Budget Mental accounting…

2 Investing Biases that Hurt Your Retirement Savings

Being aware of our behavioural biases could mean a significant increase in retirement savings. There are two common biases that can affect how we save for retirement: 1. Present bias – the tendency to put more value in current or short-term decisions than the future 2. Exponential-growth bias (EGB) – the tendency to underestimate and neglect the…

3 Obvious Ways to Build Wealth

You don’t have to be a rocket scientist to build wealth. The wealthy understand that while being smart can certainly help you earn money, that doesn’t necessarily mean you’ll build wealth with your earnings. Likewise, being famous doesn’t necessarily mean you’ll be able to build wealth. Sure, it can help, but there are countless stories of those…

Money Advice that Don’t Grow Old

Many recommendations I’ve made are as applicable today as they will be in future, and they bear repeating. Here are some of the best financial moves for you to consider: 1. Understanding and managing your thoughts, feelings, and beliefs about money is as important as understanding how money works. Our brains are programmed to make…

Are Your Debts Good or Bad?

Debt is like a double-edged sword. It can help you, but it can harm you too. Making good use of debt can create wealth for you, but mishandle it and you can possibly be put into bankruptcy. Therefore, we should learn how to use debt wisely to let our money grow. Debts can be classified as bad debts and good debts….