Nervous about Quitting your Job? 5 Reasons to go Freelance

Enjoyment. Free Happy Woman Enjoying Nature. Girl Outdoor

      Do you know your job inside-out but dream about starting out on your own? Although a regular job may guarantee an income, you may wish to start freelancing in your own line of speciality. More often than not, people are stuck in a rut and are afraid to take the plunge into freelancing. […]

What is the Difference between Passive Income and Active Income?

businessman hand checking  passive or acctive income as money co

    Both active and passive forms of income are earned money. The only difference between them is that active income involves your ‘active’ participation (and your time) while passive income continues to generate itself even after you stop investing your time. There are advantages and disadvantages associated with each type:   Active Income Although […]

Want to Start Investing in Stocks? Top 10 Books for Beginners

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      Although many best-sellers on investing have been written by American authors, the basic principles are relevant to any stock market including the UK. Here’s a look at the top 10 stock investing books:   How to Trade In Stocks by Jesse Livermore The top-selling book is written in an autobiographical style and […]

Why Diversifying Your Income Will Improve Your Life

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      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 stream and at the same time protect yourself from job insecurity. Multiple […]

Living Below Your Means: Why Is Such An Easy Concept So Hard To Implement?

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‘There is no dignity quite so important and no independence quite as impressive as living within your means’ – Calvin Coolidge Everyone knows that in order to be financially secure, you must spend less than you earn. This truth has been recognised and appreciated right from olden times. Why is it so difficult to actually […]

6 Common Reasons Businesses Fail – and How You Can Stop Them Happening To Yours

Woman's Hand Playing Domino

    ‘Experience is simply the name we give our mistakes’ – Oscar Wilde Businesses may fail due to various reasons and being aware of these situations can help you cope better with potential problems. Why do businesses fail and what can you do to stop it from happening to yours? Here are six of the […]