In your thirties, you get to experience life at its fullest. This is one of the best decades of your life, as it is now that you are likely to start a family, advance in your career, and find your purpose in life.
How you manage your money in your 30s will greatly impact your entire financial future. That's why you need to treat financial planning in your thirties with the utmost seriousness.
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Are you trying to regain control of your finances but to no avail? It might have something to do with the debt you have gotten yourself into. If you're buried in debt, it can seem practically impossible to put your finances in order.
The first thing you need to do if you want to have any chance of getting rid of debt for good is to change your attitude towards saving.
Here are five ways to c... ››› more
We have an ongoing and oftentimes troublesome relationship with money. We can't live without it, we never seem to have enough, and when we do have it, we can't manage to save it.
How is your relationship with money? It may be toxic if it shows the following signs…
1. You’re obsessed with it
Obsessions are never healthy. If you’re obsessed with money, you feel that you never have e... ››› more
Are you struggling to save more money each month, but never seem to get it right? In a world that is obsessed with consumption, where we are constantly encouraged to spend more, it can be quite difficult to save.
You need quite a lot of self-discipline and motivation to get into the habit of saving. After all, everywhere you look, you are told that you should buy more things. Many people consid... ››› more
How many times have you said to yourself: “I can't afford to save now. I'll save later, when I earn more money”?
We can come up with many excuses for not saving money, but, in the end, we're only fooling ourselves. We're not only fooling ourselves, we're also preventing ourselves from enjoying a more financially secure future.
What excuses are keeping you from saving more money each mont... ››› more
Most people have trouble managing their finances. They don't know where to begin, how to save, in which areas to reduce expenses. Establishing a budget and sticking to it doesn't mean that all your money problems are over. There are many other aspects to consider when it comes to properly managing your finances.
Managing your finances takes effort and discipline. Here are five tips to get you st... ››› more
If you're like most people, you lack advanced financial planning skills. You've learned the basics of money management on your own. Or perhaps you've never even given money management much thought until now.
Whatever your age, you must understand that your current financial situation depends on the choices you have made in the past, just like your future situation depends on the choices you are... ››› more
Saving money isn't easy. Most of us dread the idea of saving money; we would much rather spend it. If we're not careful enough, though, we could end up moneyless in case of an emergency or every time an unexpected expense comes up.
All of us make mistakes when it comes to managing our finances and most of us don't save nearly enough as we should.
Here are five possible reasons why you’re no... ››› more
When you get your first job, you may be tempted to spend your first salary within the first two days. Without proper financial planning knowledge and if you're not careful, you can go on living from paycheck to paycheck for the rest of your life.
If you want to gain financial freedom and never deal with money-related stress, learn the basics of money management right now.
Money management tip... ››› more
Last year, I attended the “The Pursuit of Wealth and Happyness” event.
Multi-millionaires took the stage and revealed their golden nuggets of achieving huge success.
One gentleman that spoke was Brian Walsh.
He is #1 expert on making big money on the internet and is the founder of the REAL entrepreneur.
Brian has spent the last 42 years achieving mediocre success. But that's wh... ››› more
I often get emails from people asking what they must do when they buy their first stock.
I was exactly the same.
The first time I wanted to buy a stock (share) on the Johannesburg Stock Exchange (JSE), was over 11 years ago. I was clueless on what to buy, how to buy, where to buy and why to buy!
I certainly don't want this to happen to you!
And so today, I'm going to reveal four esse... ››› more
“Trading is nothing more than gambling!”
“Trading is like a casino where the house always wins!”
These are a just a few things my friends used to tell me, when I started trading.
But that's when I told them, they have to change the way they look at things when it comes to trading the markets
You see, my friends didn't have the tricks and tips to think like a casino. Instead, th... ››› more
Learning how to properly manage your finances early on can bring significant benefits in the long run. The sooner you start saving for future, the better off you will be and the more comfortable you will feel.
It's not enough to make money, you also need to know how to properly manage it.
If you want to stay on top of your finances, here are five tips that will save you a lot of money probl... ››› more
With the barrage of advertising out there from financial companies, you'd think that managing your own money was an extremely difficult task.
The fact is: It isn't.
So what's the best way to manage your own money?
Read on to find out what investment great Warren Buffett has to say about it…
You can manage your own money effectively and profitably
If investors never used financ... ››› more
These days, few people can say that they have a generous amount in their savings accounts.
In tough economic times, most people find themselves struggling to get by and feel it is practically impossible to save money.
Here are a few good reasons to open a savings account.
1. You have money in case of an emergency
Should you have an urgent medical expense or another type of emergency... ››› more
Are you still wondering where all your money is going and why you can't manage to get out of debt?
How come some people manage to live comfortably and even save money, while others fail miserably at controlling their finances?
It's a matter of discipline and financial planning, skills that some people never possess.
The good news is that anyone can become financially responsible and ge... ››› more
Getting into debt may not be on your to-do list, yet it happens to everyone sooner or later.
Proper financial planning helps you avoid getting into debt in the first place, yet few people know the principles of money management.
The good news is that financial planning can be learned and avoiding debt can become a habit.
Here are some practical tips to help you avoid bad debt.
1. Make ... ››› more
My friend G. who's just come back from the Greek (Hellenic) army, decided to use some of his savings to start trading.
It started out well for him!
In just, six months he grew his trading portfolio from R100,000 to R130,000 which is a 30% return!
Not bad for a start!
But last month (June), he took a R12,000 knock on just one trade. And so this weekend, he called me
up and asked me ... ››› more