Below you'll find a list of all posts from July, 2019
It only seems like yesterday when everyone was excited about cable TV. Personally, I remember my grandma getting it before even my parents got it, which meant I’d go down there every Sunday without fail to watch new episodes of The Simpsons. What a time to be alive.
That was an age before digital TV, …
There are many well-known advantages to owning your own home rather than renting. Houses usually increase in value over time, making owning a home a common long-term financial investment for the future. Mortgage payments are much more likely to have a fixed rate than tenancy agreements, which are subject to change and can often significantly …
Being frugal can be difficult. The culture that many of us are brought up in encourages spending over saving, and consuming over conserving. While this leads to an increase in profits for many companies, unfortunately it can lead to excess spending for the consumer.
There are various apps designed to help you keep track of …
After retirement, it can be difficult to work out how much to spend each month. Spending too much creates the risk of a shortfall later, and not spending enough means that you might not enjoy your retirement as much! It is a fine balance to be struck.
According to a study, the average household …
You may have heard the term “inflection point” or “investment inflection point” in financial conversations or articles. There is a lot of talk about inflection points, but what exactly are they?
An inflection point is a term for any event that causes a notable change or shift, either positive or negative, in any situation …
Decumulation is a word that you may have heard in financial discussions, but you may not know what it actually means. In simple terms, “decumulation” is defined as the conversion of assets accumulated over the course of your working life into income to be spent after retirement. It sounds simple and easy enough, but decumulation
According to a survey, nearly 60% of Americans have less than $1000 in savings, and many have nothing at all! This could be down to a number of causes, from low wages and high rates of debt to overspending.
Conventional wisdom is that the most important component of a sound financial plan is an …
Expressed as a ratio or a percentage, a savings rate is the amount of cash you take off your disposable income with the intention of stowing it away for retirement, a nest egg or any other personal goal you have.
As well as being put into a savings account with a bank, savings are also …
