Wars have been fought over religion, culture, and custom – in the public arena and on the personal front – for as long as people have adhered to these. Yet love, social interaction and compassion has quite often crossed those divides. In life, as in death, it has caused strife amongst families and communities.
Category: Debt
An inheritance well spent
After the heartache of losing her mother to a protracted battle with cancer, Claire had some difficult choices to make. What would be the wisest way to spend her inheritance? She was torn in two – should she pay off all her debts and carry on with life or honour her mother by doing something they had both dreamed of for years?
Compared to the Joneses, how have you faired with managing your debt this season?
The season is turning. Winter is coming. Soon, your hollow-boned teenager will need a new winter school uniform. The world might have been brought to a standstill for months, but it did not stop your kids from growing taller. You may only need half a smart outfit and bunny slippers to conduct your zoom meetings but not so your kids – at least on alternate days.
Are you addicted to spending money? Think about this…
‘Retail therapy’ – spending money to make us feel better – has become an acceptable cultural ritual. We joke about it and by doing so, normalise it. It is dangerous. When spending spins out of control it looks like addiction.
Credit – the ultimate Russian roulette?
For some people entering into debt is a bit like playing Russian roulette. The bullet may or may not fire, it may or may not end the game. Whereas it may be exciting to live on the edge, it may have devastating consequences.
The Finance Minister has spoken – extraordinary measures, monies and circumstances
The passage of time seems to be such a fractured thing right now and it isn’t going to stop being so any time soon. As a country, we are bracing ourselves for the cresting of the Corona wave.
Undoing Lockdown – levels of business support
Some feel cheated. We were told ‘this lockdown thing’ will come to an end, and yes, we knew it would not quite mean business to usual, but THIS unusual? And for how long, THIS time? Anger and frustration, fueled by denied addictions and proclivities, are rising. Scathing memes and poisonous comments are setting Facebook and social media on fire. There are growing accusations of class and race prejudice from all sides.
How well do you know me, Honey?
Isn’t it interesting how the things that attract us to someone when we are young and in love can so often turn into the things we cannot stand, once the stars of new love fade and the light of the day-to-day make us blink?
Advice on first homes and first real grown-up debt
Buying a house is a scary prospect and may be something that you have put on the back burner. You may tell yourself that you are being wise – after all the current economic climate is dicey and you may worry about the future. However, do you know that should you buy a house, you not only save on rent (in other words paying someone else’s bond) but your asset may well make a profit after the first year? This means it is one of the better debts you may enter into in your life time. Admit it, the vast majority of us yearn for a place to call our own…
Increasing your earnings and growing your assets
Good debt leads to increases in earnings or growing value in assets. Education is a good debt, because it increases your employability and then, within your chosen occupation, it increases your ability to earn money. Another good debt is buying property.