You may have noticed that in addition to terms such as Financial Independence and Financial Freedom, something I refer to a lot is Net Wealth. In this article, I’ll give you the run-down on what Net Wealth is and why it is the only type of financial wealth that matters. What is Net […]
May 1st 2018 will mark 1 year since a metaphorical coconut fell on my head, triggering the radical tightening of the purse strings and embarkation upon our financial independence seeking, frugal living adventures. Throughout this year, we’ve had money management successes and failures. Most notably, we’ve achieved our target of going from saving 5% […]
Are you earning more income, but not saving any more of it? Have possessions, foods and entertainment that were once luxuries become necessities? Beware!… The Lifestyle Creep may be stalking you. Lifestyle Creep is defined by Investopedia as “a situation where people’s lifestyle or standard of living improves as their discretionary income rises either […]