My savings rate We all make money from different sources. Most of us are simply earning a salary. A few of us have our own companies from which we also draw a salary. The lucky few, even have their own companies that earn money without their presence. That’s the dream. Irrespective of where your money …
The cellphone cost cycle Every second year, like clockwork, we renew our phone contracts. We go in with a preconceived idea of which phone we want and just renew the contract. Two minutes later, you have your brand-new cell phone. You rush home to charge it, so you can transfer all your contacts and install …
How we save Remember when you were young and really wanted that radio-controlled car? Your parents wanted to teach you the value of saving. They offered to pay for half, if you saved the rest. So diligently you put away your monthly pocket money until three months later, you saved enough to contribute your half. …
This is a follow-up article on the article titled why I’m selling my properties, We saw that you will accumulate about 20% more money by building a property portfolio, but here are some of the issues with retiring with property. 1)It is so much work The first issue that I touched on in the previous …
The case for buying property As a kid I read rich dad poor dad written by Robert Kijosaki. It was a good read, but the whole book (and probably a lot of the subsequent books as well) can be summarized in one concept. You need to spend the extra money you have every month, on investments …
There is a lot of hype around retirement annuities (RA’s) and the ridiculous tax advantage you get when using your discretionary allowance. By now everyone should be aware of the 27.5% tax free allowance you get when you contribute to an RA. This means that you can subtract your retirement contributions from your taxable income. …