Mental Accounting and How We Spend Money

We all have quirky behaviours when it comes to managing money. One trick we fall victim to is called mental accounting. We separate our money into different types of mental accounts, with different rules, depending upon how we get it, how we spend it, and how it makes...

5 Keys To Becoming Financially Free

We want to be financially free by the time I reach 45. That freedom will allow us to pursue our passions much earlier than traditional retirement age. To get there we’ll need to be debt-free and have sufficient assets and other income producing endeavours to...

Do You Always Get What You Pay For?

“This $6 bottle of wine tastes awful.” “What did you expect – you get what you pay for.” It’s true, in most circumstances, that the quality of products and services increases as the price increases. You get what you pay for. When...

Pin It on Pinterest