A Solution to your Resolution

It’s that time of year. You made your new year’s resolutions a matter of weeks ago, and now you’ve reached that make-or-break stage. Have they passed their expiry date, or are they still fresh? If the latter, you’re in with a chance. If they’ve gone stale on you, this might be the point at which you part company with them, for another year at least. Unless, of course, you’re prepared to look at – and address – the reasons why your resolutions have faded so quickly. In my experience, when it comes to setting a budget for the new year, the […]

More

It’s All In The Timing

Christmas and New Year is a period of relaxation and reflection for many people. Time away from work is a chance to take stock of the journey thus far and to take control of the road ahead. This sometimes involves making the decision to go it alone by starting a business in the coming year. As a Small Business Specialist and Bank Manager, I saw many businesses come and stay, and others come and go. There are a number of ingredients that go into a making a winning new business but, in my experience, the most important of these is […]

More

Santa’s Christmas Stock

We’re all familiar with Santa’s Christmas stocking. As discerning consumers, though, it would do no harm to make ourselves aware of the temptations of his Christmas stock too! The items I am referring to are of the bulkier variety – the ones that are too big to fit into such a humble garment of clothing; those unofficial ‘presents to self’, as opposed to the gifts we buy for other people. If we were to delay the purchase of Christmas presents for friends and family until the January sales on the basis of increased value for money we would, quite rightly, […]

More

The D Word

Words have the power to inspire. They also have the power to inspire fear. Like anything in life, it all depends on which way you choose to look at it. One word that tends to get a bad press is ‘discipline’. If you look no further than the process of discipline, enthusiasm will be in short supply. If, though, you focus on the wonderful outcomes that discipline gives rise to, it’s difficult not to be inspired. The Oxford English Dictionary defines discipline as ‘controlled behaviour’. Bringing discipline to bear on your money by controlling your day-to-day financial behaviour in the framework of a personal […]

More

Money Machine

I recently watched a documentary about the fascinating life of Henry Ford, the founder of the Ford Motor Company and the inventor of modern mass production. Little more than a century ago, Americans lead relatively primitive lives – having to spend much of their time and energy just getting from A to B by horse and cart. Henry Ford changed all that by making it possible for many of them to purchase their first car, in the form of the Model T Ford. This was the vehicle which, in effect, liberated Americans and enabled them to fulfil their true potential, […]

More

Sleep On It

Sleep is a wonderful thing. Not only does it improve our memory, fitness, intelligence and wellbeing, it can also make us financially better off. The phrase ‘to sleep on it’ denotes the delaying of a decision until the next day. And I was urged by my wife to do just that recently – right as I was about to commit to a large financial purchase, which I had managed to convince myself was a necessity. When I awoke the next day, however, it quickly became apparent to me that it was anything but. Thanks to the money I saved, taking […]

More