There are many powerful concepts in the personal finance literature to get you to financial freedom, but none are as important as that of paying yourself first (PYF)
Tag: saving
Simple Budget Cuts you didn’t Think about which could Save you Thousands a Year
As inflation eats into our hard earned and saved money, it is time to fight back by making these simple but necessary cuts to our spending.
2022 Showed me the Power of Emergency Savings and how Financially Empowering it is!
We have all heard of an emergency fund, where you set a set amount money on the side to use for a rainy day and the unexpected, be it expensive car repairs, medical bills, home issues or anything else that you couldn’t have foreseen and would cost money to tackle. And while most probably have…
Creating financial goals can help you get there easier, but there is an even better way!
One of my goals for 2022 is to get active with push-ups. To be more specific, I set to do 10 push-ups a day and increase that by 1 extra push-up per month. So for January, I started with 10 a day and I have since increased that to 11 a day for February. For…
From a Midlife Crisis to a Midlife Investment: How One Reflective Moment Led to a Personal Decade of Financial Growth
On October 31, 2015, I celebrated my 35th birthday. That was also the year I had became a father for the first time. Needless to say, it was a year full of milestones, changes and things to reflect on. That evening, after having taken my 6 month old son to visit relatives for his first…
New Saving Idea for 2022: ‘Junk to Health to Wealth‘
I am no slave to junk food. I may eat it once or twice a week, sometimes with the family. But despite it not being a daily habit, it still goes a long way towards causing damage to both my pocket and health, especially with the rising prices for food of late. So for 2022,…