Browsing CategoryFinance

Why Use A Mortgage Broker And What Do They Actually Do?

Well let’s start this article off with getting the terminology straight. These days mortgage brokers are more often called mortgage advisers and we’ll stick with that for the remainder of the article. The change really came about after a couple of rounds of regulatory change in the advice industry and it does more accurately reflect what we do. Yes we do broker the deal and…

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The Risky Business of Investing

“There’s no such thing as no risk.  There’s only the choice of what to risk and when to risk it.” – Nick Murray, Simple Wealth Inevitable Wealth   I love this quote because it epitomises investing.  You can’t build wealth without investing and you can’t invest without exposing yourself to some form/s and degree of risk. The correlation between risk and return is not a…

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Money & Relationships – 9 Minimum Things

In my book Women & Money: Mastering the Struggle, I’ve endorsed shared financial responsibility and participation. This is healthy for all relationships. It provides a foundation upon which you can build your current and future lives. It also enables you to cope better with any emotionally and financially challenging life event that may occur. A key to planning and being ready to cope with unpredictable…

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Financial Windfall Life Lessons

You can view the article below or via NewsHub where the article was originally published [Original Author Priscilla Dickinson].   People who come into money, such as through an inheritance or winning Lotto, are often considered ‘lucky’. But unexpectedly finding themselves in charge of managing a lot of money doesn’t always bring happiness. Along with the prospect of financial freedom, they may also inherit a range of new…

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Tips To Succeed With Money Management

People think successful investing is the hardest part of building wealth but for my part, I think attaining proficiency in cash flow management is a much more difficult activity to master.  Part of making the journey easier is having a bank account system that works well for you.   I’ve already explored that topic so this article is going to concentrate on strategies you can implement…

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Managing Your Money By Managing Your Banking

For people who are serious about managing money, a bank account system is essential.  That system has to be understandable and easy to use.  The system I use that has served me well over the years is depicted below:   As you can see from the diagram this system involves 4 different bank accounts.   Account 1 – this bank account will receive all forms…

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