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How Debt Can Make You Rich. Good Debt vs Bad Debt.
Reading Time: 4 minutes As said by Robert Kiyosaki “Good debt will make you rich, whereas bad debt will make you poor” Believe it or not, there actually is something called good debt and what you are told by those who say all debt is bad are from those who are simply bad with money. With a little education you can understand the difference between the two. How Good Debt Will Make You Rich Good debt can make you very rich. The rich use debt as leverage. Leverage is using debt to increase the return of an investment. Having a mortgage on a rental property for example, is leverage. This…
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April 2020 Budget & Investment Portfolio Update. Over 18% lost in just one month!
Reading Time: 4 minutes March Review Well, March ... what a month. Hands up who found March to be the shittest month (so far) 🙋 – The following article contains affiliate links. This doesn’t affect the price you pay but I may earn a commission if you decide to buy anything through my links. This goes towards maintaining the website and helping me continue to spread the Live Full Retire Early message| ad – I'm very fortunate that all I lost this March was a bit of money ... people have lost much more than me, so I am still very grateful for what I have.…
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March 2020 Budget & Investment Portfolio Update. Stock Market Crash/Corona Virus Edition 📉
Reading Time: 5 minutes It’s always a good code of practice to check and review your budget and your investment portfolio. There have been a lot of changes in the stock market this month due to the Corona Virus … It went crazy high mid-month then dropped all of a sudden towards the end of the month … you will see exactly how it has affected my investments below. February Review What can I say about February? Well … financially it didn’t go as planned. Due to the bad weather we experienced in the UK my partner was weathered off at work so he ended up having the last 2…
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February 2020 Investment Portfolio Update
Reading Time: 3 minutes Every month on Instagram I share my investment progress, however, I’ve decided to start writing a dedicated post every month to give you a more detailed overview of each investment along with my thoughts, feelings and feedback. As this is the first in-depth Investment Portfolio Update some of the information is missing as I didn’t do one last month as I was in the middle of sorting out the chaos after I moved house. Next month will be much more interesting and enlighting. You’ll notice that I don’t include the actual amounts and values of each investment. That’s because it’s just not necessary and not helpful…