A financial crisis can take on many forms and unfortunately they have a tendency to arrive without any warning! Do you have any funds available to enable you to survive financially if a crisis occurs? Financial disasters may arrive in the form of redundancy, illness, sickness or a crisis that could occur when your car…
The book, “Rich Dad Poor Dad” by Robert Kiyosaki talks about the difference between how the wealthy use their time and resources compared to the poor and the middle class. In particular, the book defines how the rich invest their resources into building assets that generate passive income, many times over, whereas those stuck on…
Even as we begin our studies, each of us already has various kinds of study skills. Our learning drive emanates from different sources and so does our outlook towards our studies. Nonetheless, despite where we come from we need to take several things into consideration with regards to our studies. In order for us to…
Savvy investors have long planned for rainy days in their financial strategies. Indeed, ranging back to the rather crude method of leaving a wad of bills in a pillowcase for safekeeping, to the more sophisticated practices of modern business pros, setting aside capital for a tough financial period has always been a sound tactic. However,…
Debt is undoubtedly a stressful experience, but dying from it? According to an analysis of more than 8,000 Americans, losing at least 75 percent of overall net worth meant they were 50 percent more at risk of dying over the next two decades! The study, titled “Association of a Negative Wealth Shock with All-Cause Mortality…
Developments in the payment technology market have already had an incredible impact on the world around us. Our day to day lives and the actions that we complete every day has been transformed by inventions such as the credit card with its magnetic strip, a contactless payment that allows us to complete a transaction without…
Falling on tough times is not the end of the road. Given the circumstances, and given the extent of your predicament, you would be forgiven if you resigned to a life of mounting debts. However, you don’t have to. With some discipline and proper planning, you’ll be in a position to improve your situation so…
Most of us have at some point dreamt of winning the lottery. Or, even wondered what we’d do if someone long lost relative died and left us a lot of money. We’ve all daydreamed about how we’d spend it, made imaginary shopping lists and thought about who we’d share our good fortune with. For the…
Managing money should be straightforward, but it’s a major headache for a lot of people. The basic calculation of incomings minus outgoings sounds like a simple piece of math, but it becomes a lot more complicated when you try to work out exactly what your outgoings are, and why it is that you’re short at…
Excelsior! That’s Latin, by the way, often translated as “ever upward” or “on to new heights.” Sounds like something cliche straight out of graduation. You’ve climbed one ladder only to discover the base of another, “still higher” one–entering the workforce. This can be a dishearteningly long process in which many students feel forced into…