I Earn a Lot of Money, But Is It Ever Enough? Breaking the Cycle of Overspending
Blog Have you ever heard of the saying, “The more you earn, the more you spend”? It’s a common phenomenon that many people experience. They start earning more money and end up spending more than they can afford. Despite earning a significant salary, they still end up broke at the end of the month. In […]
The Parable of Investing
Blog Once upon a time, there were two best friends, Anna and Maria. They had grown up together and were inseparable, despite their differences. Anna was always the cautious one, while Maria loved to take risks. Anna would put away a portion of her salary into her savings account every month, while Maria would spend […]
Mastering Your Money: The Importance of Budgeting and How to Make It Work for You
Blog Budgeting is a simple concept, but it’s not always easy to put into practice. We all know that we should be mindful of our spending and live within our means, but it can be tough to stick to a budget when we’re bombarded with advertising, peer pressure, and the endless stream of new gadgets […]
How much pocket money should I give my children?
Blog Figuring out how much pocket money to give your children can be a tricky question and it’s one that is not easily answered. It’s important to consider a number of factors when making this decision, as this will ultimately determine how successful your child will be when it comes to managing their finances. The […]
Unlock the Secrets of Behavioural Finance: How it Impacts Our Relationships and Finances
Blog The psychology of finance is an important and often overlooked aspect of money management. It’s the understanding of how our emotions, beliefs, and behaviours influence our relationship with money and how we make decisions about it. It’s no secret that people all over the world have different attitudes towards money, whether positive or negative. […]
Helping Your Children Learn About Money and Saving For Their Future
Blog In today’s world, teaching children how to manage money is important for their future. It’s not always easy for parents to know the best way to go about it, so here are some tips on how to set your child up with a secure financial future. First, consider giving your kids pocket money if you can […]
What if you don’t make enough money?
Blog If you don’t make enough money to cover your expenses, it can be a daunting and overwhelming feeling. It’s important to recognize that you are not alone in this situation and there are steps you can take to get yourself on the right track financially. Here are some strategies for what to do if […]
Should I save for an emergency or pay my debt first?
Blog You’re in a tricky spot. Weighing up both options can be hard, but if you want to make sure your long-term financial health is protected, it’s important to prioritize building an Emergency Fund before paying off debt. Let me explain why: let’s say you have €20K of debt and no savings – the most […]
Compound Interest – Enhancing Your Child’s Savings
Blog Compound Interest – Enhancing Your Child’s Savings Following up on my latest article on compound interest, this continuation will not only show why compounding is an ideal strategy to enhance your child’s future, but also take a closer look through graphics at how compound interest works in practice. Let’s say you managed to save […]
Compound Interest -Why It Matters
Blog The most efficient way to gain wealth gradually Once dubbed by Albert Einstein as the 8th wonder of the world, compound interest is undoubtedly the most powerful tool that can get you to financial wealth. However, very few people know of its benefits, or they don’t believe in it enough to make the necessary […]