5 top monevation

Coping with the guilt of losing money

February 9, 2009

It’s normal to feel frustrated, angry or even foolish when you lose money on your investments. But what about guilt? My portfolio’s fall from its peak value in summer 2007 to a low in October 2008 represents a big loss for a 30-something private investor like me: at least a couple of years of after-tax [...]

2 comments

The really obvious thing we all forget when borrowing money

January 23, 2009

Have you ever wondered who you’re borrowing money off when you go into debt? If you think you’re being given money by a bank or credit card company, think again. In this post I will explain in one sentence who is really lending you money when you borrow. The rest of the article will explain [...]

23 comments

Why you must get out and stay out of debt

December 6, 2007

Your debt makes other people rich. You’re borrowing from your future self, who will be poorer, less secure, or lead a less abundant life because you wanted something now, before you could afford it. You must get out of debt. You can’t save while you’re in debt, and it grows like a weed. Kill it! [...]

9 comments

What everybody needs to learn from recent immigrants

September 11, 2007

Recent immigrants can inspire us to earn more money, to start new businesses, or even just to greet the day with a smile. Seriously.

10 good reasons to retire early

September 2, 2007

Most of us grow up being taught that work is a healthy, natural thing. And to an extent it is – especially if you’re on the receiving end of someone else’s labour. It’s also undeniable that periods of high unemployment have blighted generations, leaving entire communities such as Britain’s former industrial heartlands in Wales and [...]