Welcome to my second blog income and traffic report. A few people have asked me why I would want to publish details of my blog income and traffic online. Won’t you be embarrassed? Do you really want the world knowing your business? You get the idea.

Having followed some of the best bloggers online, I think there is a huge opportunity for millennials to use blogs and online businesses to rapidly increase their income and get them on the road to Financial Independence. When you look at...

Today I am going to talk about what I think is one of the biggest financial mistakes you can make. That is making long term decisions based on short term circumstances.

What I mean by this is people making (or breaking) really long term financial commitments because of their current situation. Right now. In the moment.

A great example of this is when people are thinking of taking on a large debt, like a mortgage on a new home or a car finance package.

These are long term commitments and they...

In some circles (perhaps especially among younger people), being an employee has a stigma attached. When asked to think of ‘an employee’, many people will conjure up images of people working soulless jobs in little cubicles under artificial lights.

They might think of working long hours for a boss that you hate. They could think of sacrificing all of the fun in life just to run on the corporate hamster wheel. They could think of (heaven forbid) living to work.

Indeed, there are...

Welcome to my first blog income and traffic report. A few people have asked me why I would want to publish details of my blog income and traffic online. Won’t you be embarrassed? Do you really want the world knowing your business? You get the idea.

Having followed some of the best bloggers online, I think there is a huge opportunity for millennials to use blogs and online businesses to rapidly increase their income and get them on the road to Financial Independence.

When you look at the...

When it comes to saving money, most people assume that there has to be some sacrifice. Money saved means money not spent, which in turn means less stuff, less fun and less pleasure, Right?

Wrong!

While sometimes saving money can mean making sacrifices (but if you want to achieve Financial Independence, then these are sacrifices that are often worth making) there are a load of ways that you can save money AND improve your life all at the same time.

That sounds like a win-win to me!

First up on...

In some circles (perhaps especially among millennials), being an employee has a stigma attached. When asked to think of ‘an employee’, many people will conjure up images of people working soulless jobs in little cubicles under artificial lights.

Indeed, there are many employees doing those types of jobs right now. If that is you, my only advice would be to get out as fast as you can!

Life is far too short for you to do work you hate for people you don’t like.

But employment...

I love envelope budgeting. I think it is by far the best budgeting system out there and there are so many reasons why.

For anyone who is scratching their head, envelope budgeting is a budgeting system that uses multiple different ‘envelopes’ to track spending in different categories.

Envelope budgeting was created in the times of cold hard cash and snail mail.

At the end of the month, you would receive your wages, usually in cash, in a little brown envelope from your boss.

People...

Let me be clear – a lot of insurance is a total waste of money. The insurance industry loves to sell us overpriced insurance contracts that are almost impossible to claim on for things that we don’t really need.

With that said, it is also incredibly dangerous to have no insurance at all.

Certain things are worth having insurance for and other aren’t.

Although everyone will have a slightly different set of circumstances, as a general rule of thumb, I only recommend you insure...

Today I am going to look at building Financial Resilience.

Financial Resilience means that you are ready to cope with whatever life throws at you.

Even the best financial plans can be upset by an emergency car repair, a sudden illness or losing your job.

It pays to be prepared for all of these things otherwise you could get caught off guard.

Perhaps a pipe bursts in your house. Perhaps you lose your job or get sick so you can’t work.

The fact of life is that these things happen...

It has been widely publicised that the Baby Boomers are the wealthiest generation in history.

Born just after the war, their stratospheric increase in wealth has been largely attributed to rising property prices and a surging stock market, but is it really that simple?

Yes – there is no doubt that the boomers were helped along by their burgeoning property prices and stock market growth, but I don’t think that this really tells the whole story.

If you don’t own a property or...