The Debt Snowball

Debt Think of your financial situation as a snowball: When in debt you are pushing this huge snowball up hill. As you pay your debt off, and the interest element decreases, your snowball gets smaller, lighter, and less of a burden. You reach the top, and can enjoy the view …

Almost one in five UK adults ranks their financial well-being as “poor” or “very poor”…

An interesting article from Perkbox. “The top 10 causes of financial stress Not having enough emergency savings for unexpected costs (56%) Feeling behind financially in comparison to those around me (41%)  Feeling that I will be unable to reach future goals, e.g. buying a house (39%) Feeling limited in my …

Bitcoin

Bitcoin is the first and best known ‘crypto currency’. Essentially these entirely digital currencies use a new technology called blockchain. Every Bitcoin transaction is logged in a global network of computers, which are rewarded for their har work by ‘mining’ Bitcoins. There are now several hundred competing crypto currencies. Anyone …

Compounding – “The Eighth Wonder of the World”. A. Einstein.

“Someone is sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett Arguably the easiest way to get wealth actually takes no skill or effort. Just sit back and let time do its thing. The book The Richest Man in Babylon explains this …