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Money Goal – buckets

by Property Planning | Jul 19, 2022 | How your money goals determine price point

Money Goal – Buckets Set Money Goals for the monthly expenditure of each bucket account and then have a weekly float for ‘Life’ and ‘Fun’ accounts so you have a weekly spend limit. A worthy goal for you is to better manage your money and make the most of your...

How to set up your money management system

by Property Planning | Jul 19, 2022 | How to set up your money management system, Money Management

Reviewing expenditure and selecting categories Research shows that one of the keys to happiness is having a healthy bank balance and not feeling like you’re living from pay-day to pay-day. More to the point, you want to be seeing your savings grow, your debt reduce...

Overview of the 7 steps

by Property Planning | Jul 19, 2022 | The 7 Steps to Money Management Success

Overview of the 7 steps Step 1 – Move all expenses from your bank accounts into a spreadsheet.Preferably download all payments over the last twelve months from your internet banking so you can capture all your annual payments. Time estimate – 1-2 hours. Step 2 –...

1f. What investors can learn from ‘Millionaire Next Door’

by Property Planning | Jul 19, 2022 | Fundamentals of Money Management

What investors can learn from the millionaire next door In an old gem of a book, the ‘Millionaire Next Door’, a long term study looked into habits of those who became wealthy verses those who didn’t. They discovered that wealth was not the same as income. In other...

1e. What can we learn from Jordan B Peterson on Money Management

by Property Planning | Jul 19, 2022 | Fundamentals of Money Management

What can we learn from Jordan B Peterson on money management In ‘12 Rules For Life– an antidote to chaos’ by Jordan B Peterson, two aspects of his book resonate clearly with the power of money management. One is the reference to our life being constantly somewhere on...
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