A cash buffer is your first line of defence against expensive debt, unnecessary stress and being overwhelmed by life’s unexpected events. Yet too many of us fail to build a cash reserve that we can fall back on if we become unwell, need an urgent repair, or face unemployment. This short article helps you work out what you need.
In traditional economics, you are told that humans basically make financial decisions like robots. I sat through lecture after lecture being told to make decisions in my own self interest – and frankly, I struggled with that idea. Because my self interest was not just about getting the best price, or the ‘highest economic value’. That doesn’t work for humans in reality.
When you have to sit down and explain money issues to a 5 year old, sometimes what they say back to you will change the way you think, completely. This is how listening to Hamilton led to a complete change in view about taxation.
There is a note in my diary to ‘write a blog about financial integrity’ – and this is part of my Money Pizza series of articles. And I am stuck. Because financial integrity means so many things. It means paying what you can afford to pay for someone whose work is valuable to you. It…
Break the taboo around talking about money with this simple tool – the Money Pizza! Get a handle on where you really are with your money, and where to focus your efforts. The Money Pizza. It’s tasty. You’ll like it.
Ahhhh, the second week in January. How we love to hate thee. The Christmas decorations have been taken down, the hangovers have cleared (except for that one still on the credit card), and we are getting back to the work and university grind. Those shiny new years resolutions are in the recycling bin, ready to…
Marketers are desperate to part you from your money this Christmas – and after the 2020 effect on sales, they are going to do whatever they can to get your cash. But once you know what to look out for, and what to consider – you will be far less likely to be sucked in.
Ever berated yourself for buying much much more than you wanted to? Expensive upgrades – pricey add-ons? You are not alone – and the first time this was documented was over 200 years ago. Read on to learn more.