Annual Money Review 2018: Analysis of Our Net Worth Change
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...
Annual Money Review 2018: Looking Back at Our Earnings, Spending and Cash Flow
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...
How Much Money You Need to Change 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...
Enough is enough: decluttering our house
“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...
Take charge of your finances: focus on ‘wants’ rather than ‘needs’
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...
