You should know something about crypto. Don’t just dive in an throw your money at it. Understand the basics of how it works and what it’s currently used for – and then make your decisions.
More businesses are realising that they can convince their thousands or millions of customers to invest in them – which sounds really exciting. But is it the right thing for you?
Deciding what money habits to drop and to keep after lockdown eases.
When I explain to people that I am a money coach, a very common question is from parents who ask “How do I teach my children about money?”
Experiences that make you feel good, activate your brain’s reward centre, which responds by releasing a neurotransmitter called dopamine. Dopamine plays a key role in establishing and reinforcing habits – including bad habits – by linking the things that make you feel good with the desire to do them again. Dopamine is that little zing…
In a misguided attempt to become more frugal one February, I decided to give up coffee for a month. I freely admit, I’m addicted to the stuff. So, when I say a month – I lasted – well – less than a month. Because I failed. Badly. After a week I returned to the café…
We’ve done a lot of thinking so far about making investment decisions, so let me warn you about some things to AVOID. Analysis paralysis: you can always gather more information and built another spreadsheet. At some point you have to stop thinking and make a bloody decision! (How many times have I wished to yell…
There are eight key matters to think about when considering any investment. These form the investment framework. 1) Why do I want to invest; or What’s the point of making this investment? – To generate a secondary income; – To make a capital gain or to save some money; – To offset or otherwise manage…
Answering the question ‘What should I invest in?’ can be as complicated or as straightforward as you want it to be. Because of this ambiguity, the wealth of information (pardon the pun) and competing opinions on where you should put your money can be hard to sift through
I know I know I know – every money coach or savings adviser worth their salt says ‘give up your daily coffee / avocado toast / [insert small luxury here] and you will save enough money for a house deposit in a year’! Well, I’m not saying that – because it’s BS
