Debt

Good Debt vs Bad Debt

For many people, debt has become the norm.  Debt can be used to make small every day purchases such as milk to large one in a lifetime purchases such as a family home.  There are those that consider all debt to be bad and should be paid off as soon as possible.  However not all… Continue reading Good Debt vs Bad Debt

Making money

Selling T-shirts: CafePress vs Zazzle vs Teespring vs RedBubble

In a previous post I touched upon selling T-shirts in order to generate a passive income stream, this post is explores where to sell T-shirts. Print-on-demand websites are becoming increasingly popular and a great way to generate an additional income for sellers.  More and more people are purchasing goods online, they are free for sellers… Continue reading Selling T-shirts: CafePress vs Zazzle vs Teespring vs RedBubble

Book reviews

Book Review: The Money Tree: Money, how to make it, save it and grow it

The Money Tree is a great addition to the bookshelf for those who want a basic understanding of personal finance.  Written by Martin Bamford, an experienced chartered financial planner, the book provides an overview of: Debt Savings Mortgages Protection Investments Tax and retirement planning The purpose of The Money Tree is to help you: Take… Continue reading Book Review: The Money Tree: Money, how to make it, save it and grow it

Making money

Brainstorm: Active Income Ideas

Ultimately the goal is to generate passive income streams and I have discussed the reason for this in the article ‘Why you should want to generate passive income streams’.  However it will take time to generate passive income and if you want to get started in investing you will need some starting capital, therefore in… Continue reading Brainstorm: Active Income Ideas

Making money

Why you should want to generate passive income streams

I don’t know about you but I value my time very highly, even higher than money.  While money is unlimited, time is limited so holds a greater value.  My day job takes up the majority of my time and I don’t particularly enjoy it.  But what makes it worse is that it gets in the… Continue reading Why you should want to generate passive income streams

Book reviews

Book Review: The Automatic Millionaire

I know what you’re thinking, ‘The Automatic Millionaire?  This must be some kind of scam or one of those get rich quick schemes!’  Please do not judge this book by its cover.  It is all about taking the slow and steady approach to wealth by automating your personal finances so you don't have to worry. … Continue reading Book Review: The Automatic Millionaire

Making money

Brainstorm: Passive Income Ideas (Part 2)

Part 1 explored passive income streams that require little or no start up capital. Part 2 explores passive income streams that can be obtained once savings have built up. The problem in today’s economy is low interest rates, average savings rates are lower than inflation which means the real value of your savings reduces year… Continue reading Brainstorm: Passive Income Ideas (Part 2)