Posts by Ross Reid
Written by Ross Reid.
Within 30 seconds, could you tell someone where your money is and how much you have in each of your accounts? Often we have too many accounts, duplicate accounts attracting double the bank charges or a lot of money in non-interest bearing accounts. Setting up a financial structure which is simple and easy to follow… Read more →
Being a successful investor over the long term is actually fairly simple, anyone can do it! The key is to do as little as possible – which doesn’t actually sound like good advice, but hear us out. Fidelity, a large asset manager in the US, has done a study to find out which accounts had… Read more →
Financial freedom has become a buzzword made popular by Youtubers, writers and bloggers. Many of us have the goal to be financially free, but far fewer actually attain that goal. One of the reasons for this is that we say we want to be financially free, but have no idea what that actually means, or… Read more →
Your financial health is important, just like your physical health. We can measure our physical health, quite easily, by comparing ourselves to others or by the way we feel. Financial health is more tricky.
Have you read the first part of our ETF series? If you haven’t or are needing a recap, here’s why Exchange Traded Funds are great! Why ETFs? Working for money isn’t your only option. The reward for successful budgeting is investing. Investing is a way to make your money work for you! The big questions… Read more →
There are plenty of options available to grow your wealth. For instance, you could buy shares in a company, purchase an investment property, invest in cattle or start your own business. However, none are as accessible, easy, inexpensive and tax effective as Exchange Traded Funds (ETFs). An ETF is a type of passive fund that holds multiple assets which attempt to track the… Read more →
If Transport & Fuel is one of the budget categories in which you record the highest spend each month, you’re not alone. It seems it only takes a few days for a tank of petrol to go from full to empty. Those tanks aren’t getting any cheaper either. The petrol price has increased by nearly… Read more →
The next time you take the rubbish bag out, imagine that it is filled with money. The money spent on the rubbish that’s now in it. A glimpse into someone’s rubbish bag of money would give a good indication of the person’s eating habits. Maybe you’ll see four chocolate wrappers from the shelf just before… Read more →
Money is right up there with politics and religion being one of the no-go topics. Studies have shown that 51% of people don’t speak at all about money with their friends OR family. However, speaking about money is a factor in being financially healthy and meeting financial goals. With women and minority groups throughout history… Read more →
Have you heard of a friend or family member boasting about the amount of debt that they have? You probably think that they’ve lost it and immediately lecture them on the dangers of debt. After all, it’s the first thing that pops up in most of our minds. Debt has received a lot of negative… Read more →