why-is-it-so-hard-to-save-for-something-so-far-away-hyperbolic-discounting

Why Is It So Hard To Save For Something So Far Away?- Hyperbolic Discounting

If you find it hard to save you can blame hyperbolic discounting. This economic theory explains why humans are hard-wired to seek instant gratification. Here’s the science behind why your bank account feels like a sieve! What is hyperbolic discounting? Hyperbolic discounting refers to the tendency for people to increasingly choose a smaller-sooner reward over…

five-financial-planning-challenges-faced-by-the-lgbtq+-community

Five Financial Planning Challenges Faced By The LGBTQ+ Community

Members of the LGBTQ+ community are no strangers to overcoming hurdles. Whether it’s fighting discrimination in the workplace or demanding equal rights for same-sex couples, there is still a long way to go in many parts of the world to gain true equality for those who identify as LGBTQ+. And there is no shortage of…

financial-planning-for-parents-can-you-answer-yes-to-these-six-important-questions

Financial Planning For Parents: Can You Answer Yes To These 6 Important Questions?

1st June is the United Nations Global Day of Parents, highlighting the critical role parents play in raising children. The day is dedicated to appreciating parents everywhere for their ‘selfless commitment to children and their lifelong sacrifice towards nurturing this relationship.’. We look at what that commitment looks like in financial terms. Life transitions always…

want-to-be-a-millionaire-these-are-the-long-term-financial-habits-you-need-to-adopt

Want To Be A Millionaire? These Are The Long Term Financial Habits You Need To Adopt

Could you join the world’s 47 million millionaires? It is surprisingly doable if you adopt certain financial habits. 20th May is Be a Millionaire Day which celebrates the idea of being a millionaire. Of course being a millionaire doesn’t quite have the cachet it once did – Wikipedia estimates that there are nearly 47 million…

empowering-women-to-take-control-of-their-financial-futures

Empowering Women To Take Control Of Their Financial Futures

Today is International Women’s Day, a day dedicated to celebrating women’s achievements, raising awareness against bias and taking action for gender equality. There’s no denying that there is much room for improvement on the gender equality front when it comes to the financial world. One problem is the fact that women are massively under-represented in…

$2million-to-retire-comfortably-might-sound-excessive-here-s-why-it-isn’t

Here’s Why ‘Can I Retire on $2 Million?’ Doesn’t Lead to an Excessive Lifestyle

Covid-19 has many things to answer for, and here’s another: the stress it is causing with regard to retirement savings. Saving enough money from monthly income for a comfortable retirement income is always a major source of financial stress, but the percentage of those worrying about an inadequate pension fund has risen due to the…

pay-yourself-first

Pay Yourself First

How do you manage your monthly finances? Maybe the following scenario sounds familiar. You have every intention of saving but you pay your essential bills – mortgage/rent, insurance and utilities – then you spend on the non-essentials that take your fancy over the course of the month – meals out, takeaways, clothes, gadgets – and…