Financial education is often dismissed as a vocation for the elite, or simply laid aside for a later (indefinite) time. But make no mistake. Everyone needs it…. and quickly. Do you want to learn how to achieve a financial security for you and your family? There’s no better time than to start NOW—regardless of your […]
Today, we’re about to tackle the perennial question? Is it really good to borrow money from banks such as, for example, getting a simple credit card? From a macro perspective (if all people got themselves credit cards), there would a surprising revelation that would come out from that. The creation and the exponential growth of
Don’t Read this if You Borrow Money from Banks, Read if You’re an Investor!Read More »
Ah, the ever-reliable Rule of 72, the handy mental shortcut that determines or approximates how long your money (investments) will double. For example, suppose you placed your money in a bank for a time deposit. The bank tells you your investment will be given a 2% interest per annum. Now you wonder, what is the
We’ve been talking about saving money and trying to defeat your emotional urges to spend money while you can if you can. But we’re just human aren’t we? Chances are we would always be controlled by emotions. There’s always a chance emotion will get the better of you. No matter how many tips I give
In finance and investments, emotion is a dangerous creature. It’s cute, furry, cuddly, but feed it after midnight, it turns into a Gremlin. With emotion, we’ve tagged the one thing that salespeople use to lure you in. The same thing goes with advertisements. Ads pepper you with lots of images and sound designed to trigger
Finance 101: Needs, Wants, Sizzles, Steaks, and GremlinsRead More »
You often hear that long term saving requires discipline and commitment. Just a bunch of words that conveniently sum up the idea. But be warned, you may have been duped by the understatement of the year. Yes, long term savings needs your discipline and commitment. But if you’re planning for your children’s education and retirement,
