Trevor

Pay Yourself First ... and other Lessons to Live By

Monday, 01 December 2008 22:40
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One of the fundamental pillars of any personal finance strategy is to pay yourself first. However, for many of us this simple approach to our finances appears to be the hardest to master.The phrase “pay yourself first” is by no means new. In fact it is right up there with “take care of the pennies and the pounds will take care of themselves” and other such idioms. However, the advice really does work and should be the foundation of any personal finance plan.
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Time to get interested in…compound interest

Saturday, 01 November 2008 22:58
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“Back from the Brink!” and “Record Gains!” have been just two of the headlines that have been touted by the mainstream media in relation to the global financial crisis recently. They are in stark contrast to some of the other headlines we have seen of late – such as “Crash” and ‘Meltdown”. It just goes to show what a difference a few days can make when it comes to dealing with the world economy! It also shows that we are living in uncertain and volatile times when it comes to finance.

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Wait and See

Wednesday, 01 October 2008 20:17
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It seems impossible to turn on the news nowadays without hearing the words credit crunch, mortgage crisis and recession. In this ongoing saga the only question many of us have is “when will it all end?” If recent events are anything to go by, the answer is not any time soon.

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All Roads Are Not Paved with Gold

Monday, 01 September 2008 19:58
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For a while now I have been bleating on about the potential benefits of investing in gold. Its price has rallied from around US$340 to over US$900, with a slight correction to its current price of approximately US$831. I have heard many different opinions on gold as an investment, some saying that they cannot see the value of gold, others saying it is too expensive (since it was in the US$400s), while fans discuss the virtues of gold as an investment. It is a currency they say, it is in high demand as jewellery, and there is only a finite supply of this metal.
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