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

differenza e fantasia

      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 […]

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 […]

5 Low-Cost Businesses That You Can Start Today

Bank of idea

    Looking to start your own business but don’t want to invest heavy capital? The good news is that there are plenty of low-cost business ideas where you can earn money starting from today. You may want to keep in mind that service-based businesses are easier to start with low-cost compared to product selling. […]

Why You Should ‘Work Smarter, Not Harder’ to Earn More Money

work smarter advice in wood type

    It’s not always about how hard you work but how much work you actually get done that provides the key to making more money. Everyone works to achieve success in the form of wealth, recognition or personal satisfaction. But sometimes, plucking more chickens is not the answer. You may have to re-examine your […]

7 Things You Should Be Doing to Create Financial Independence

number seven on running track

  ‘Save money and money will save you’ – Jamaican proverb While financial independence may mean different things to different people, all ideas have one thing in common: Financial independence can only be achieved when you have a firm plan in place. You can always amend or change your plan along the way, but in order […]