Balancing Work-life: How to Prepare to Live on a Lower Income
The last two years’ events have caused many to reassess their life priorities. For many, this meant taking a hard look at their employment situation – whether they were happy in the role they had and if it allowed them to have enough of a life outside of work – […]
Top 5 New Year Resolutions to Boost Your Financial Health in 2022
Each year, many of us vow to get into better financial shape, making resolutions to save more, spend less and grow our income. However, in the wake of the pandemic, these resolutions have become even more important, as many suffered the financial ramifications of job losses, closed businesses, and increased […]
When Can I Start Saving for my Retirement?
Everyone wants to know – when should I start saving for my retirement? What’s the ‘right age or the right time’? The answer is simple. Right now. Actually, the answer is the minute you started working as an ‘adult.’ If that time has passed, then we’ll defer back to the […]
The Future of Digital Identity, Digital Lockers and Wallets
A digital identity is an online identity that represents and corresponds to a specific individual, organisation or device. One party may have several different digital identities, which each correspond to their relationship with a particular organisation and can be used by this organisation to identify them. Elements known as digital […]
Discover Four [4] Stages of a Person’s Financial Life Cycle
From the time we first begin to earn our own money to the moment we give up our income altogether as we enter our retirement, our lives tend to follow four stages that make up our financial life cycle, with each stage determining what we should be doing to nurture […]
Paying Off Debt or Saving Money: Which is Better?
Suppose you’re starting to take steps to control your financial situation, making smart money choices to safeguard your and your family’s future. In that case, you’ve already asked yourself: should I prioritise paying off debt first to rid the long-term burden they present or saving money so that I can […]
Life Insurance or Assurance— Discover Important Differences
When we make a positive decision to take out insurance of any kind, we are essentially hoping to protect what is most important. Regardless of the specific type of insurance, it might be, we are willing to hand over a portion of the money to reassure their safety. Insuring our […]
The Relationship Between Personal Finance, Mental Health and Wellness
Financial management is not commonly associated with personal wellbeing, yet the two are inextricably linked. We might consider the health of our bank balances as something entirely separate from our physical and mental health. We might tell ourselves that the amount of money we have (or do not have) has […]
Risk Tolerance and Why It’s Important
Before beginning to build an investment portfolio, you should consider the investment strategy you intend to adopt when purchasing assets – and risk tolerance is one of the most crucial factors to take into account. Having a knock-on effect on the type of assets you should choose to invest in […]