What is a savvy spender? A savvy spender is someone who spends their money wisely. Rather than sticking to their budget by avoiding spending anything, a savvy spender will make sure what they do spend money on is worth it and the best deal. It’s a good idea to implement some savvy spending habits into…
If you’re looking to get into investing or grow your existing portfolio, you might be curious about dividend investing. Dividend investing can be a great way to receive passive income on top of any money you earn from the growth of your stocks. What is investing for dividends? When you invest in stocks, you typically…
Retirement Annuity’ can save your retirement plans from disaster. Mrs Sandra is a career woman who worked almost every day of her life. She focused hard in school, got the best grades she could. Once she finished school she started working in a growing company. Thanks to her dedication, the company flourished and after many…
What happens at 30? For some people, turning 30 can feel like a big milestone. But to me, I feel that what is more important is that people should approach 30 with the right mentality – about money/investment, family, and life in general. Since, it is assumed that our teens and twenties are for learning,…
Recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. During a recession, businesses struggle to make profits, leading to layoffs and job losses. Unemployment rates tend to rise significantly during a recession. Reduced consumer spending: Consumers tend…
If you’re spending too much on your food shop, there are ways you can cut back to save money. Here are some tips to make sure your spending stays in control while out food shopping: Make a shopping list Before you head to the supermarket, sit down and plan your meals for the week. You’ll…
Do you have financial goals? Saving will undoubtedly help you achieve them. Learning ways you can save will make managing your finances and achieving your goals easier. Here we tell you how to combine SMART goals with other strategies for more intelligent saving. SMART is a well-known method of setting career goals. Knowing what each…
Prioritising your debts will help you feel more in control of your money. You could start by drawing up a budget that looks at your spending and assesses how much you have available to repay each month. If you can, look at any areas where you could cut back to free up more money. If…
Knowing you need some extra cash in your pocket is pretty easy. All you have to do is look in your wallet. The not-so-easy part? Figuring out how to make extra money. These days it seems like everyone is working some kind of side gig, renting things out, or selling unwanted stuff to make extra…
Many people assume that a family business is the most fragile form of investment. They believe it may not go further than two or three generations. For this reason, they might not want any involvement with it. According to Harvard Business Review, many articles or speeches about family businesses today include a reference to the…