Is Dollar Cost Averaging Below Average?
Dollar cost averaging is systematically investing money over time as opposed to investing it in one lump sum. Advice from professionals has more than often been that you should use dollar cost averaging to help protect against a market downturn. Most of the time we have no choice but to dollar cost average into investments as… (2 comments)

Smart Ways To Spend Your Tax Return
It is end of financial year time again for some of us and this in many cases means a tax return. So your likely to get a lump sum of money? What are the smart ways to spend your tax return. In addition to your tax return this could also apply to receiving other sums of money.… (0 comment)

Simple Budgeting Success With Automation
The secret for me has been simple budgeting success with automation. The key words being SIMPLE and AUTOMATION. In a previous post I discussed the cash envelope system for budgeting. Today I am going to go through how I run a digital version of this using a basic spread sheet for expense calculation and internet banking for envelope… (2 comments)

The Cash Envelope Budget System
Although I personally operate a digital version of the cash envelope budget system as I have talked about in my post Automatic Budget for the Lazy. The envelope budget system is still one of the easiest and effective budgeting tools out there. Especially when first starting out. It is much easier to control and track… (0 comment)

The Burning FIRE To Retire
As a keen student of personal finance and related topics I consume ridiculous amounts of content from books, blogs, podcasts and the like. In recent times the term FIRE seems to be generating a cult like following in the personal finance community. FIRE is for those of us that believe the traditional work till your… (1 comment)

How To Calculate Your Net Worth
Your net worth is arguably the best way to keep track of your financial progress. Once you know how to calculate your net worth you can use it to help make good financial decisions everyday. What is your Net Worth Your net worth in its simplest form is the value of everything you own (assets) minus… (0 comment)

Simple Three Fund Investment Portfolio
Today I am going to look at setting up a portfolio based on the bogleheads simple three fund investment portfolio. I like the idea of starting off with a simple portfolio and then building up from there. Perhaps an even simpler option would be a target date retirement fund but if you are more of a… (0 comment)

Are You On Track To Be The Millionaire Next Door?
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley, William D. Danko. One of the first and most eye opening finance books I read was The Millionaire Next Door. It is a compilation of research into the financial lives of American households with a greater than 1 Million Net worth. Lets take… (0 comment)