Why I don’t invest in property
I am often asked how I invest. While I understand the premise of this question, it dismisses the fact everyone is in a different situation. I am in my early 50s (just!!) but thanks to having a young family, I am [...]
The most important thing about investing is to start
Most people want to be financially secure, but they also want the ability to keep doing the things that are most important to them. To be financially secure, unless you are growing a successful business or have inherited the money needed, [...]
Are your big expenses stopping you from being financially independent?
We know that our expenses generally fall into one of three categories. Critical – Rates, rent, mortgage, other debts, electricity, gas, insurance and phones. We have a pretty good idea of what these are going to cost. Needs – Food and [...]
Are you spending too much?
You can only reach financial independence when you have more money than you will ever need to meet your future expenses. Most people start by focusing on how they can get the most out of their investments. While this is important, [...]
Investing in a volatile market
Continuing to invest when it looks like the market is falling is not easy. Mostly because our inner voice tells us not to buy something when there is a “better” option available. I have noticed over the last few weeks there [...]
The three benefits of having clear financial goals
I met with new clients recently, and they said we didn’t need to go through the goals part because they just wanted to “make the most of their money”. That’s great, but having goals is a good way to focus attention on [...]
Do these five things to create financial independence
In the last article I talked about the need to have clear goals, get your cashflow under control, develop a plan to fund your goals, understand risk, and start investing. In this article, I will go through the last five things [...]
Are you doing everything needed to create financial independence?
One of the first things we do with clients is get a picture of where they are. There are 10 key areas we believe are critical to achieving financial independence. In this article I will go through the first five. Have [...]
Financial independence – all it takes is a plan
Financial independence means different things to different people. A broad definition of it is when an individual (or a couple) has amassed enough resources, typically through savings, investments, and passive income streams, to sustain their desired lifestyle. There are typically three [...]