Who’s leaning on you?

BALANCING FINANCIAL RESPONSIBILITY AND PERSONAL BOUNDARIES For all of us, we’re often interconnected with others in ways we don’t fully realise. Family members, friends, colleagues and even acquaintances can lean on us for support, both emotionally and financially. While this support can be a beautiful expression of love and community, it can also become an […]

Pause before you pay (part I)

THE ART OF MINDFUL SPENDING: HOW TO COMBAT IMPULSE BUYING In the rush of daily life, the urge to make spontaneous purchases can be compelling. Yet, giving in to this impulse often leads to clutter, not just in our homes but in our financial lives as well.  Warren Buffett wisely advised, “If you buy things […]

Are you a cog in the machine?

In the grand machinery of personal finance, we all play a role. But have you ever stopped to consider what kind of role you’re playing? Are you the one tirelessly turning the cogs, or have you become the overseer of a well-oiled financial plan? Let’s picture two scenarios: Imagine Sarah, who wakes up every morning, […]

The Monte Carlo Fallacy

Also known as the gambler’s fallacy, the Monte Carlo fallacy is the mistaken belief that past events can influence future outcomes in situations where the events are actually independent. This fallacy, or cognitive bias, originates from the world of gambling, where players may erroneously believe that a streak of losses makes a win more likely […]

Is your money working for you?

Either you put your money to work for you, or you will always have to work for your money. Understanding and acting on this concept can be the difference between perpetual financial strain and achieving lasting financial freedom. At its core, putting your money to work means investing in avenues that generate passive income—earnings you […]

It ain’t gonna be easy

The road toward financial independence and a meaningful life is seldom straight or smooth. It’s a path fraught with challenges, requiring not just financial acumen but also a steadfast commitment to your long-term goals. The words, “I’m not telling you it’s going to be easy. I’m telling you it’s going to be worth it,” resonate […]

Equipping kids with financial literacy skills

Parents have the profound responsibility and privilege of shaping their children’s relationship with money. In a world where financial literacy is often lacking, equipping our kids with the knowledge and skills to navigate their financial lives with confidence and wisdom is one of the greatest gifts we can give them. By starting early and making […]

Being kind to the inner critic

Sometimes, we can be hardest on ourselves (and others) when working with money! This could be because we’ve been taught to think that our success is largely determined and defined by numbers, investment strategies, and external factors that impact our financial well-being. However, true financial success is most often rooted in our internal world—our thoughts, […]

Is all debt bad?

Debt, in its many forms, can often feel like a heavy chain that restricts financial freedom. Whether it’s the revolving cycles of credit card balances, the long-term commitment of a mortgage, or the daunting totals of student loans, each type of debt comes with its unique challenges and strategies for management. Debt is often a […]

Retirement needs to be revisited

70 is the new 60! We live in an era where longevity is increasing, and living costs are surging; the traditional concept of retiring at 65 is undergoing a significant transformation. It’s becoming evident that the golden years of retirement, once anticipated as a time of leisure following a fixed endpoint in one’s career, no […]