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Monevation

Want to retire in 10 years? Then get yourself a plan. Like this one.

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How it feels to be mortgage-free

Why paying off your mortgage may be the best decision you ever made.

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The lure of easy money may be strong, but it’s also a mirage. If you want to make a real difference to your life and wealth, try making a difference in the world…

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Some people’s parents teach them how to buy their first shares, or the power of compound interest. My dad taught me that once you’ve got a bit, after that money doesn’t matter so much.

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Do you want to get rich through day trading? Does the old 9-5 seem like hard work? Yep, to you and everyone else.

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Know your own risk tolerance

You’re investing your money, so make sure you’re taking the risks you feel comfortable with.

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Risk and investment

Unless you’re a hedge fund manager or Jim Cramer you don’t have to care about picking markets and winning. Your risk is of failing to meet your goals.

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To achieve a new year’s resolution, you have to REALLY want to achieve it. Then turn your goals into a winning action plan.

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Credit cards with benefits

By smartly slaloming through the system, you can pick up special offers and free coins like Super Mario gobbling power-ups.

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There’s not One True Way, but there are things that successful private investors seem to have in common (besides noughts on their bank account…)

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I haven’t learned as much as I could have from my lifelong fascination with games. If I’d been paying attention to how I win at Monopoly for example – remortgage aggressively, buy the mid-priced, well-placed orange squares, and then build, build, build – then I might have profited from last decade’s property boom. Alas, I have just [...]

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Don’t overdo it, and don’t shove it down other people’s throats, but enjoy it when you get the chance – and never be ashamed of it.

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I think going to university is now too expensive, time consuming, restrictive and potentially soul-destroying for people with talent to bother with anymore. University has become a terrible deal, and most ambitious people shouldn’t go. There, I said it. I don’t know why it’s taken me so long to admit to myself that tuition fees, [...]

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Entrepreneur characteristics

There’s no one checklist that you need to tick through to become an entrepreneur. Read widely and discover kindred spirits who did it YOUR way.

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What happens when you despair that your financial goals look so far away? It’s time to reaffirm where you’re going, and why.

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Don’t wait for a grand solution to the world’s problems. Abandon the God complex, and admit your own fallibility, and invest accordingly.

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