Flipping houses is a very common strategy for property investors these days. It involves buying a cheap house, spending some money on it to improve the condition, and then selling it on for a profit. Investors will repeat this process over and over, making bigger profits each time. If you can balance the costs properly, … Read more
Let’s face it we would all like more money, but it isn’t that simple as just wanting it. You don’t want to work yourself into the ground and want to still have spare time to enjoy life. So looking to cut costs and save money elsewhere is a great way to go. There are so … Read more
Christmas is hard on many wallets. This year, things will be even harder for a lot of people. So many have lost their jobs by being made redundant, or their business actually closing down due to coronavirus. Many people are trying to cut costs and make a little extra money on the side to support … Read more
Now, the title of this article might seem a little strange, seeing as the answer it would seem is most things in life cost money. You’re not wrong; you do need money for a whole host of different things in life! But simply saying ‘everything’ doesn’t really cut it. So, while it might seem like … Read more
At the time of writing, the Coronavirus pandemic has financially affected billions of people worldwide by causing a sudden income drop; myself included. Circumstances are what they are, and whilst it is a little unfair to say we’re all in the same boat; we are at least all trying to seek shelter from the same … Read more
London is a diverse city with an abundance of culture and history. There is a vibrant music scene, museums and attractions, wide range of eateries with cuisines from all over the world, events, an active nightlife, entertainment for all ages, sightseeing and architecture, markets and shops. There is something for everyone, from every walk of … Read more
Of all the life skills you can teach your children, how to balance a budget is surely one of the most useful. Money – or the lack of it – has a huge impact on our daily lives. Learning to set financial limits that make sense and stick within them is a big lesson to … Read more
Car insurance is something that every driver needs, and with more and more accidents on the roads each year, the cost of insuring your vehicle is on the rise. Even if you have a long no-claims discount and drive a safe, new model, car insurance can set you back a few hundred pounds yearly. Thankfully, … Read more
Have you ever heard of the Diderot Effect? Named after the French philosopher Denis Diderot, this phenomenon refers to the tendency for people to buy a new item, which then leads to the desire to buy more complementary items. This can create an endless cycle of overconsumption and materialism. But, it can also be seen as a positive force, as it can drive innovation and creativity. To avoid falling prey to the Diderot Effect, become aware of it, analyze the total cost of purchases, reduce exposure to marketing messages, buy into the upcycling trend, and recognize that there will always be upgrades to be had.