Just after I write in a post about Investment Risk , there is news that peer to peer investing with Linked Finance is now available to pension investors. This is not something that we welcome as we believe that peer to peer finance is extremely risky and a lot of investors are not aware of the investment risks. […]
Those of us who work in financial services are often accused of talking jargon and rightly so! Some even do it to impress clients with all the terminology they use (does this even work?!). Most of us just slip into it as we use it every day and forget at times that we can be […]
On 22 July 2013, I posted my first blog on this website. Here we are just over 4 years later, posting my 200th blog post. So this week, I am going off topic and I am going to talk about blogging and whether I have found it to be beneficial. Library of Information People ask me […]
I recently read the New York times best seller, The Millionaire Next Door by Thomas J Stanley. In it, Stanley reveals how little we actually know about millionaires. Most of us think of them coming from inherited money or working for large multinationals. The reality was, a large amount of them came from living within their […]
Do you ever say “I don’t know where my money has gone?” That is because you probably don’t have a budget and no controls over your spending. Having control over your spending is one of the cornerstones of building wealth. If you don’t know where your money goes, you can’t know if your spending in […]
“Being frugal is the cornerstone of wealth-building.” – Thomas J. Stanley, The Millionaire Next Door Most self made millionaires built their financial independence through being frugal and living within their means. Warren Buffett is a prime example. He is the second richest man in the world. yet he still lives in the same house that he […]
Every once in a while I get an email from a prospective client who has a list of questions they want to ask before they will engage with me. Usually, the list is copied directly from an article they read such as ’10 questions you must ask your financial advisor’. One question always asked is […]
Most of us pay our bills and mortgage by direct debit every month. We know what is due and we ensure the money is there. What is left after that is our discretionary income that we can spend on what we want. But from that discretionary income, how much do you use to build wealth […]
There were reports in the newspapers over the last couple of weeks about the sudden retirement of senior judge Margaret Heneghan from the High Court after just 2 years. She is retiring at 58 years of age in a role where most judges step down at the mandatory retirement age of 70, which is when they […]
A year and a half ago, I joined a gym. I really enjoy going, there’s loads of classes and it’s downstairs from my office so it’s handy to get to whenever it suits me. After my first year membership wa up, I assessed the progress that I had made…not very much. I was still about […]