Smart Money Mindset

Getting Out Of Debt as a New Year’s Resolution

Every year, getting out of debt ranks in one of the Top 10 New Year’s resolutions. In the uncertain, and difficult, economic situation we have experience in the last two years, it will certainly be there again for 2010. Poor spending and saving habits can be tough to break, but their correction is vital if you are [...]

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Salary Negotiation – How I Helped a Friend Get a 7 Times Larger Pay Rise

Making sure you get paid what you are worth can be difficult, especially if you have just been offered a great job. But don’t be shy, and remove the myths about salary negotiation from your brain, because if you don’t, they can prevent you from getting the salary you deserve. I used these principles recently [...]

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Lecturing at the London School of Economics today, Interest-Free Overdrafts and Drug Dealing – Eeek!

Sometimes life throws you a surprise… like being given two days notice that you’re booked in to give a lecture to 35 students at the London School of Economics! Which just happened to sell out in 2 mins… no pressure then… So here’s the interesting thing, not that I had the lecture arranged – it was [...]

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The Big “Saving Money” Scam

In the lead up to Christmas we are always bombarded with sales messages. “Save 50% here!”, “Buy one get one free!”. These offers come to us with the promise of “saving” us money. Are you really saving money? Probably not! It’s often the case that we end up spending, not saving as a result of [...]

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Paying Off Debt, What You Need to Know

The sad truth is that nowadays the majority of us are living in debt. Having credit cards, loans, mortgages and hire purchase agreements means that the average family owes a staggering £25,000! If this is you (and you quite probably owe even more money than this, it’s only an average remember), you’re probably wondering [...]

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Watching TV? You’re Committing Financial Suicide!

Like watching TV or movies? You could be programming your brain for financial suicide! TV and movies are full of false values or beliefs, also known as “Memes”, that we pick up and believe in without even realising. Some of the worst are around money and wealth. By getting these into your head you could be [...]

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Save Money With Indian Negotiation Tactics!

Save Money on Virtually Anything With The Top Ten Indian Negiotiation Tactics (TINTs) Here’s my top ten list of the Indian Negotiation Tactics (TINTs as I call them) that I have picked up off parents, uncles, and random relatives I’d never seen before or probably will again… I’ve used these and similar tactics to negotiate anything from [...]

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Why The Equity in Your Home Will NOT Save You

I’ve heard these phrases so many times: “My house is an asset” “I’m not worried about my mortgage – I have lots of equity in my property” “I can always sell if I get into trouble” And I used to think the same way. That it was ok if I had a large mortgage, so long as I had [...]

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