It’s good to talk… …so why do people often steer clear of talking about money…even though it has such an important role in our lives? Well, personal finance is…personal. You can’t have a proper conversation about money without touching on values: people’s deeply held beliefs and priorities. Everyone is different and we all have different […]

There’s nothing like an early taste of poverty for instilling a lifelong appreciation of money and financial freedom. My parents stretched themselves with a big mortgage to get up the housing ladder in 1981, just before interest rates went to 17%. Ouch! As a result, holidays and newspapers got cancelled and belts had to be […]

Imagine that Bill and Ted have gone trekking in a remote corner of the Death Valley National Park in the USA. They’ve been camping and were carrying all their own food, tents and equipment. Unfortunately some coyotes stole all their stuff a couple of days ago, since when they’ve been walking back towards their car. […]

Here’s a question I saw online in a financial discussion forum:   “I would like to ask some advice from you. I have recently came into a small windfall of money to the sum of £3K and wondered what best to do with it. Not a lot I know, but for my salary its quite a […]

Now is the perfect time to experience what I call Monk Mode. In Monk Mode you work, you think and you rest. Then you repeat. In Monk Mode you spend NO MONEY other than needed for food and utilities. Millions of people are currently discovering some version of Monk Mode for the first time. For […]

I think of The News as like the announcements made over The Tannoy System in The Prison Camp. It’s a loud stream of misinformation, propaganda and general bullshit. I started avoiding The News as a deliberate part of my approach to investing. The aim was to reduce market noise, predictions and prophets of doom. Avoiding The News […]

Imagine a black box. Your job is to earn and save as much money as you can. You put the cash saved into the black box…into your compounding machine. Once you put the cash inside the box and close the lid, the magic starts to happen. Inside the black box the most powerful force in […]

Our ancestors lived for millions of years without money. This explains why spending does not equal happiness.  The things that make us happy are the natural “wins” that we would have experienced over the millennia: being in nature, overcoming obstacles, eating real food, conversation and laughter, good sex, happy children and community. The best things in life […]

We are buying things we don’t need, with money we don’t have, to impress people we don’t even know The Minimalists At last! I finally got round to watching the film “Minimalism” on Netflix which features Josh and Ryan aka The Minimalists. I loved the film and I’m fascinated by the overlap between minimalism and […]

Meet Justin and Jessica. They’ve been together for just over a year. Justin is the one wearing the ill-fitting T shirt and cargo shorts. Jessica is the immaculately groomed one in metallic grey.  Jessica is expensive to run and a little above Justin’s paygrade. Perhaps that’s why he’s so devoted to her? Justin thinks he’s got lucky but I’m not so sure about […]