5 Great Reasons to Overpay Your Mortgage

concept of mortgage and savings

    Mortgage payments are monthly instalments that you pay the mortgage lender towards repayment of your property loan. Very few of us can afford to buy a home without a loan (unless you happen to be fabulously wealthy) and mortgage loans help you buy a home. ‘Overpaying’ your mortgage means that you pay in […]

Why You Can’t Put a Price on Financial Independence

Chain link pound

    ‘If you want to reap financial blessings, you have to sow financially’ – Joel Osteen The biggest reason that you can never put a price on financial independence is that it means different things to each one of us. What does financial independence really mean? Financial independence could mean one of several things. […]

How to Diversify Your Finances

diversify

    It’s important to diversify your finances in order to cushion any nasty setbacks in the market. Diversification prevents your finances from moving in the same negative direction all at once. Research also indicates that diversification helps increase the odds of making gains. It may also be necessary to reallocate portfolio investments from time […]

Ditch the Single Salary: Why Multiple Income Streams are the Smart Financial Way Forward

Five stacks of coins

    While investment diversification is a fairly popular concept, few people realise that diversifying your income is equally beneficial. It’s a good idea to diversify your income to create one or more streams of passive income. This way you maximise your income and at the same time, protect yourself from job insecurity thanks to […]

Why You Need to Diversify to Achieve Financial Success

Time to Diversify Clock Manage Investment Risk

    The economy of any country, including the UK, is subject to unpredictable shifts and changes. Achieving financial success depends to a large extent, on our ability to be able to incorporate these variables in our investment strategy.   Diversification of investments It’s important to understand that diversification cannot protect your investment from loss […]

The 5 Biggest Mistakes New Bloggers Make and How to Avoid Them

Alphabetic characters - Information concept

    Blogging can be an extremely lucrative way to earn money. When you practice blogging the right way, you can expect to enjoy an expanding fan base and an increase in the number of companies interested in advertising on your blog. As with any money-generating endeavour, blogging requires investment of hard work as well […]

5 Reasons Why You Must Pay Yourself First

Pay Day

    It may seem strange to think about paying yourself first when you have a stack of bills waiting to be paid. But saving for your future takes precedence over other financial obligations. The concept has a host of financial and psychological benefits to offer. You may be interested to know that Britain has […]