On this blog, I advice that as much as possible to avoid debt, but life is such that at one point or another, you will need to borrow, either to take care of an emergency or to make an investment. Used well, credit could be as much of a wealth building tool as picking the right stocks and investments. Internationally, there are ways to score…
Read MoreIn my post on how to save money on clothes, I suggested that you scour style websites for fashion advice, especially when it comes to picking the classic pieces you’d want to splurge on. I came across the following sites that not only give great style advice, most embrace minimalism: the concept of not collecting more possessions than you need. We all admit, our closets…
Read More2012 continues to be a tough year for business. With the global economy worsening by the day, and a shrinking customer base, most businesses are struggling to stay afloat. Inevitably, when this happens, businesses must cut costs, and people are usually the first to go. During good times, corporations make the mistake of hiring too many employees, and as we all know, trees don’t grow…
Read MoreMost personal finance experts advice that the best method to get out of debt is to pay off your high interest debts first. While this makes text book and mathematical sense, personal finance success is 80% behaviour, and 20% mathematics. We become good at it by focusing more on methods that reward good behaviour, and keep us going. Recommended by personal finance guru, Dave…
Read MoreToday’s post is a bit different from the material you are used to on this blog. I’d like to share a lesson that I learnt yesterday first thing in the morning. Like most Twitter addicts, the first thing I did when I woke up was check my Twitter timeline, where I came across this post, tweeted by my favourite blogger Michael Hyatt. The CTO of…
Read MoreMost young people face the decision of either joining start up/small company or a big corporation when job searching, and rarely have experiential information on the advantages / disadvantages of each. On this post and series, I share my experience working for a start up, the advantages and disadvantages, and what I belief is the right skill set one needs to thrive in a start…
Read MoreIn what way would the ideal personal finance app improve your personal finances? I’m the last person to bash technology, everyone knows I love gadgets. I however think a swanky app or a great spreadsheet tool doesn’t make us significantly better at managing our personal finances, discipline is everything. Technology is just a tool. A great app will help you track your expenses maybe better…
Read MoreWe all have had seasons when our money runs out before the next paycheck. One of my readers asked how she could get out of the cycle of always using current month’s paycheck to pay for last month’s bills. Speaking from experience, this can be very demoralizing, especially if you’re hoping to be financially free some day. For the longest time, I had this problem, but…
Read MoreDeveloped by Olivine Technology, ASIM helps retail businesses solve their biggest headache;integrating the sales and inventory management systems. It is an end to end solution, which tracks your inventory, from the time it’s delivered to your stores, to the point where it’s sold. What makes ASIM better than off the shelf sales and inventory management solutions? 1. Versatility: When you choose to buy an off the shelf…
Read MoreEveryone agrees that to take control of your finances, you must master the 3 budgeting steps as shown below. While I have written extensively about expense tracking and budgeting here, I haven’t given much practical advice on how to make sure you follow your budget once you have it in hand. This post is simplifies the third step; Executing. What is the envelope method? The…
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