I was still in grade school when I was confronted with the following question; “Would you rather have a million dollars today or a penny doubled every day for 30 days?” Little did I know at the time that a penny doubled every day for 30 days amounts to more than 5 million dollars. Of …
Month: May 2021
Are you affected by Lifestyle Inflation?In one of our previous articles, we discussed the frugal living. The major obstacle faced in living frugally occurs because of one’s lifestyle.Lifestyle inflation occurs when you increase your spending with a corresponding increase in your salary. Even though you are able to pay the increased bills, you are limiting …
We’re all motivated by money in some way. Whether we think it can buy happiness or we believe it’s the root of all evil, our money hang-ups – often formed in childhood – can really impact our financial lives as adults. The key is to recognize these inherent convictions and do our best to approach …
Investing in the stock market has always been one of the best ways to grow your wealth and maintain your money’s purchasing power over the long-term. While many people are aware of the potential that lies in investing in big companies that trade on the New York Stock Exchange and the NASDAQ, fewer are aware …
Types of Car Insurance: There are a number of different car insurance policies around and it can get confusing, but we will break it down and make it easy for you to pick the policy that suits you best.Generally, there are 3 types of auto insurance cover: comprehensive, third-party and third party (fire and theft). …