Simple Budgeting Success With Automation
The secret for me has been simple budgeting success with automation. The key words being SIMPLE and AUTOMATION. In a previous post I discussed the cash envelope system for budgeting. Today I am going to go through how I run a digital version of this using a basic spread sheet for expense calculation and internet banking for envelope… (2 comments)

The Cash Envelope Budget System
Although I personally operate a digital version of the cash envelope budget system as I have talked about in my post Automatic Budget for the Lazy. The envelope budget system is still one of the easiest and effective budgeting tools out there. Especially when first starting out. It is much easier to control and track… (0 comment)

The Burning FIRE To Retire
As a keen student of personal finance and related topics I consume ridiculous amounts of content from books, blogs, podcasts and the like. In recent times the term FIRE seems to be generating a cult like following in the personal finance community. FIRE is for those of us that believe the traditional work till your… (1 comment)

How To Calculate Your Net Worth
Your net worth is arguably the best way to keep track of your financial progress. Once you know how to calculate your net worth you can use it to help make good financial decisions everyday. What is your Net Worth Your net worth in its simplest form is the value of everything you own (assets) minus… (0 comment)

Simple Three Fund Investment Portfolio
Today I am going to look at setting up a portfolio based on the bogleheads simple three fund investment portfolio. I like the idea of starting off with a simple portfolio and then building up from there. Perhaps an even simpler option would be a target date retirement fund but if you are more of a… (0 comment)

Are You On Track To Be The Millionaire Next Door?
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley, William D. Danko. One of the first and most eye opening finance books I read was The Millionaire Next Door. It is a compilation of research into the financial lives of American households with a greater than 1 Million Net worth. Lets take… (0 comment)

Squeeze The Most Out Of Your Savings Accounts
With interest rates currently at record lows around the world I have a few tips to help you squeeze the most out of your savings accounts. What do you do with your emergency fund or savings for short term financial goals such as holidays, vehicles or toys? You want to get some return but cant afford to risk… (0 comment)

Ultimate Stock To Bond Ratio
When it comes to your asset allocation the first and most important decision to make is to determine your ultimate stock to bond ratio. Your asset allocation between stocks and bonds is primarily determined by your risk tolerance. What is risk tolerance – It is the ability to handle a particular size loss in value… (0 comment)