by Maria Nedeva | 25 Mar, 2021 | Exercises, Get out of debt
For years people have been telling you that you can pay off your debt – just spend less than you earn. But here is the thing: paying off your debt is not always as easy as cutting out some ‘fat’ from your budget. It is a bitter truth to process and accept, but...
by Maria Nedeva | 3 Feb, 2019 | Build wealth, Exercises
Your net worth is the best overall measure of your financial position. Your net worth change over time is a measure of personal finance success (or failure). Analysing net worth regularly is ‘chicken soup’ for your wealth. I’ve written about the importance of knowing...
by Maria Nedeva | 18 Jan, 2019 | Exercises, Financial Health
In this post I look back at our earnings, spending and cash flow during 2018 using The Money Principle Monthly Budget Planner. This, hopefully, will: Inspire you to take stock of your annual earning, spending and cash flow; Provide you with a blueprint for doing your...
by Maria Nedeva | 5 Sep, 2018 | Exercises, Love your life
Today I ask you how much money you need to change your life. You can answer by: Working out where you stand now according to material wealth and emotional wellbeing. Deciding where you wish to be. Examining your motivation. Estimating how much money you need to...
by Maria Nedeva | 29 Apr, 2013 | Exercises, WTFIFL
“If a cluttered desk is a sign of a cluttered mind, of what, then, is an empty desk a sign?” Albert Einstein I fell for this one for a long time. I laughed about the clutter filling our house, I analysed it, theorised it and it has been annoying me to...
by Maria Nedeva | 31 Jan, 2013 | Debt, Exercises, Money management, Paying off debt
Our financial destiny depends not on how much we earn or how much we spend; it depends on whether we are in charge of our finances and how well we control them. Saying that there is nothing wrong with spending – quite the reverse, it is one of the...