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

credit card debt payment

‘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 […]

Fed Up of the 9 to 5 Struggle? 5 Reasons to Quit the Rat Race

RAT RACE

    ‘The trouble with the rat race is that even if you win, you are still a rat!’ Lily Tomlin The tedious struggle to buy a home, put your children through school and save for retirement can turn into a relentless nightmare. You may have reached a point where you are heartily tired of […]

What happens after the light bulb moment?

light bulb on blue background.

    When people share their stories about their debt-free journeys they often refer to their ‘light bulb moment’ but what exactly does that mean? Turning 18 is a definitive moment in time. It marks the transition between childhood and legally recognised adulthood. You can vote, you can get a mortgage, you can get credit. […]

Sacrifice your financial independence – or sacrifice for it instead?

the time is now

    The word ‘sacrifice’ conjures up many negative connotations of suffering and loss, but does it really have to be such a pessimistic abnegation when it comes to getting our finances in order? When dealing with our finances we often act in the here and now. We think of the debts we owe, the […]

Compound Interest Explained

coin stacks on white

    Compound interest will have a different meaning to you depending on whether you are a spender or a saver. Compound interest can be your worst enemy or your best friend. Here is the thing: How you treat compound interest is how compound interest will treat you in return. Make compound interest work for […]

Budget Sheet Template

Diary and calculator

      Use this budget template below as a starting point to help you to create your budget plan. You can use the budget sheet for inspiration to create your own budget plan, or you can download and adapt it for yourself using the Budget Template.   Category Estimated Amount (per month) Actual Amount (per month) Difference […]