KEY PRINCIPLE SIX – CREATING A DIVERSIFIED PORTFOLIO

Creating a diversified portfolio The final blog in this particular series will be by far the longest because this is where the rubber meets the road, so far as you being able to create the life you want. There are many schools of thought on what is the best way Read more…

KEY PRINCIPLE NUMBER FIVE – INVEST THE DIFFERENCE

Invest the difference So far in this seven-part series, I have explained how to have a better relationship with money, how to spend less than you earn, how to have a good budget and the power of compounding. Now it’s time for the best part, which is to take the Read more…

KEY PRINCIPLE FOUR: The power of compounding

KEY PRINCIPLE FOUR: The power of compounding Once you have a budget and a little extra money to put away each week, you then need to work out what to do with that money. I want to explain something that when understood, will change your financial growth more than anything Read more…

KEY PRINCIPLE THREE: Spend less than you earn

KEY PRINCIPLE 3: SPEND LESS THAN YOU EARN We all know that the way to wealth, is to spend less than we earn, so why don’t we all do it? Quite simply, most people would rather have something now, and receive the instant gratification, than have “delayed gratification”. It is Read more…

KEY PRINCIPLE ONE – Take an interest in all things money

PRINCIPLE 1: TAKE AN INTEREST, IN ALL THINGS MONEY This is the 1st of a 7-part series on money, titled “SEVEN KEY PRINCIPLES TO WEALTH.” “A gold medal is a wonderful thing, but if you’re not enough without it; you will never be enough with it” – John Candy in Read more…