I love coffee as much as the next woman. I also enjoy coffee and shopping and regard the pairing as one of the finer things in life. However… That particular dopamine balloon has been punctured by some fascinating research out of the University of South Florida which has found that caffeine makes shoppers spend moreContinue reading “The seduction of coffee”
I’m all for discussing financial literacy online but sometimes those blanket exhortations to save 10% of our salaries or to keep six months’ expenses in cash grate on me a little because we all know that this would be a good idea but even for those who can potentially afford to do so very oftenContinue reading “How to fight the lure of the sales”
In the past two posts I’ve looked at how we can detox our finances and also help our physical bodies in the process. But now I want to look at debt and its impact on our mental health. To quote Dickens in David Copperfield: “Annual income twenty pounds, annual expenditure nineteen and six, result happiness. AnnualContinue reading “2022 financial detox: Money, mental health and the silent killer”
We’re all familiar with the mantra healthy body, healthy mind, but how about healthier body, healthier bank account? I try to recalibrate my relationship with alcohol most Januarys. I don’t eliminate it but I cut back. Whether you drink at home or go out, alcohol is expensive unless you go for the real gut rotContinue reading “2022 financial detox: Monetising dry January.”
Time and money – when is the best time to invest in the stock market? All of my missions as set out in my book, 10 Things Everyone Needs to Know About Money, and elsewhere in blog posts, is to persuade people to put some of their savings into long-term stock market investments. Then peopleContinue reading “Why carpe diem beats carpe tomorrow”
Get into your time machine, travel back and ask your great-great grandmother to invest for you. According to the Credit Suisse Global Investment Returns Yearbook, if your great-great-grandmother had invested one dollar in the US stock market in 1900, that would be worth just under $70,000 by the end of 2019, or $40,000 if youContinue reading “Why it pays to invest in the stock market.”
In earlier posts in my time and money series I talk about investing in the stock market for the long-term, ideally for over 10 years but certainly for over 5 years so that you can ride out gyrations in the markets and allow the magic of compounding to work. Stick your investment away, select automaticContinue reading “Time and money – the secrets of Robinson Crusoe investing”
Why your time isn’t free.
Why retirement age might increase.
What you can do about it.
Reckless conservatism – what not to do.
Why did I decide to write 10 Things Everyone Needs to Know About Money? What makes it different? What is its special alchemy? Sometimes books are the fruit of a long obsession, of years of dreaming, plotting, planning. Sometimes they’re born of a throwaway remark, a chance encounter, a lightbulb moment when you think whatContinue reading “The curious alchemy of writer and illustrator”