We’ve been talking about investing a lot lately. Of course, investing is important. But there are some other factors that have an undeniable link to your ability to escape the rat race. Today, let’s talk about your income, and your spending. There are two schools of thought out there. One
Continue reading »Key Lessons to Making Money in Shares
Man, check out this chart of the Aussie Sharemarket. Investing in shares must be so easy! Well, to some extent it is, but it’s usually human nature that gets in the way of successful long-term investing. Our natural instincts that served us so well in the caveman days, are
Continue reading »LICs vs Index Funds – Which is Better?
There is a mountain of evidence that supports index funds being the superior investment for stockmarket investing over the long term. Despite this, in Australia, I’m quite hesitant to plough all my savings into our stock market index. This is because the Australian Sharemarket is extremely top heavy.
Continue reading »Become a Bank With Peer-to-Peer Lending
It’s an exciting time to be alive. Technology is changing the way we live our lives and disrupting many old industries. This is happening even in the finance industry. These new ‘FinTech’s’ as they’re called, are changing the way we borrow, shop, pay for things and even invest.
Continue reading »Investing for Early Retirement
Hindsight is funny. It’s only after having taken a certain action that we can look back and see whether it was a good idea or not. Only when we learn new skills or pick up new knowledge do we realise that the way we’ve done things might not be ideal.
Continue reading »Get a Better Deal on Your Debt
So, last time we spoke a bit about where to park your spare cash. Paying down debt was right up there on the list, especially consumer debt with its horrendous interest rates. Instead of just bending over and accepting whatever interest rate you’re given, you can usually get a
Continue reading »Lazy Loot? Put Your Savings to Work
You’ve got a decision to make. Now that you’ve started paving your own road to riches, some cash will actually be building up in your account since you made the wonderful decision to stop getting rid of it. The problem is, you can’t just have it sitting around doing nothing. That
Continue reading »Making Big Money from Little Changes
Early retirement is simple. It comes from spending much less than you earn and investing your savings to create passive income. Obviously the more you can save and invest, the earlier you can retire. There are many articles planned that will go into the nitty gritty of different investments and
Continue reading »Compound Interest: Your New Best Friend
When I first started learning about personal finance 9 or 10 years ago, there was something I learned that blew my mind completely. I had stumbled across the concept of compound interest. While it’s beauty is acknowledged by experienced investors, it is something that the average person fails to grasp.
Continue reading »Paving your own Road to Riches
Now that we’ve got the introduction out of the way, let’s get on with the purpose of this blog. Helping you get from where you are today, to a position of financial strength and a lifetime of freedom ahead of you 🙂 It should be obvious that if you want
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