I've seen the same money message repeated a million different ways by as many financial writers trying to tell us we're richer than we think! Simply by being born into a first world country and having access to clean water, electricity and the many other conveniences that come with the good life. And in many ways I agree with the pundits, we are very lucky. In many regions … [Read more...] about You Are Poorer Than You Think!
Money Blog
What is the FIRE Movement? (Financial Independence Retire Early)
F.I.R.E. is an acronym which stands for Financial Independence, Retire Early. It's an online movement of people who are focused on retiring early by living frugally, increasing income, and investing every dollar they can now. It's said that the financial movement had its beginnings in 1992 with the "Your Money or Your Life" book written by Vicki Robin and Joe Dominguez. It … [Read more...] about What is the FIRE Movement? (Financial Independence Retire Early)
Saving 10 Percent of Your Income Per Year is NOT Enough
If you want to retire early and you listen to the advice of many financial experts you will NOT achieve your goal. Many experts will tell you to save ten percent of your income and invest in bonds and mutual funds. Another ten percent towards your debt, and just to rub salt in the wound and make you look really stupid, give ten percent away. It would be funny if it wasn't so … [Read more...] about Saving 10 Percent of Your Income Per Year is NOT Enough
Give Them Nothing Until You’re Free
Most money books, how to get rich teachers and self help gurus almost always tell us that we should give money to receive money. It's not a new idea as religious texts have been pushing this angle forever but I'm saying that we should save ourselves first. I'm not saying that giving money to good causes or people in need is a bad thing. I do it myself every month and it … [Read more...] about Give Them Nothing Until You’re Free
Habits Will Make You Rich!
It's our habits that run on autopilot that will either make us or break us. Think of your health, your skills, your knowledge, and especially your financial situation. They're all determined by your habits. If you're healthy then I guarantee you that you have good eating and exercise habits. If you're knowledgeable on a topic then you have good habits surrounding that … [Read more...] about Habits Will Make You Rich!
Levels of Wealth: Are you a Cockroach?
You've come to the right place if you want to know how wealthy you really are. There's no guessing, nothing complicated, just black and white, objective indicators that will tell you exactly where you sit on the food chain. I've also labelled you with the appropriate animal which is an indication of where you fit on an evolutionary scale. How Does it Work? The numbers … [Read more...] about Levels of Wealth: Are you a Cockroach?
Welcome to the New Money Blog
Hi and welcome to the Money is Choices blog. The reason for this blog to exist is to educate, inspire, inform and share thoughts and ideas on FREEDOM. It might look like the main focus is money but it's simply the most effective tool available to attain freedom within this constructed reality we find ourselves living in. It's not a judgement on money, we don't care … [Read more...] about Welcome to the New Money Blog