Category: Tips

Real Cost Of Free Money - Your Identity 9

The Real Cost Of “Free” Money – Your Identity

With companies like Uber now valued over $60 billion USD and Airbnb at over $25 billion USD (yes, with a “B” as Dr Evil learnt the hard way) it’s clear that the sharing economy is not going to go away any time soon. As with any new and emerging area that has not yet been fully tested, there can be some pitfalls. Being a financial blog I would like to touch on just one of them that I have now had some direct experience with (thankfully not as a victim). Theft – What Are Your Valuables? It is one thing...

Coins In Child Hands 9

7 Tips For Good Financial Parenting

As a child I was very fortunate. I had two parents who both wanted me to have at least some financial knowledge and understanding. They helped me in a number of ways, many of which I did not realise until I saw how other people treated money. Below are my seven tips for good financial parenting that I hope will help give the next generation a leg up. Financial Parenting – Why Talk About Money? Money and managing finance is something that everyone has to do. It is one of the few fundamental areas that has the potential to completely change...

Waste Your Money Roulette Wheel 7

The 3 Best Ways To Waste Your Money

I was out with my partner having a coffee a few days ago, and we decided to get an overpriced vanilla slice and a brownie. This is something I normally don’t do, or at least don’t do without a reason to celebrate. The idea of paying more for something I could make at home just doesn’t sit right with me. It’s a waste. At home, the total would come to about $5 (possibly less), but at the cafe it was $22.50. That’s a steep markup. I made the remark “at least it is a tasty way to waste your money”. One thing led...