Blockchain – Revolutionary or Hype?

Bitcoin, Ethereum, ICOs - the new buzzwords of 2017
Bitcoin, Ethereum, ICOs – the new buzzwords of 2017

Over the last year blockchain and cryptocurrencies have made the leap from being the domain of geeks and technology early adopters to capturing the public’s imagination.

News about Bitcoin or Ethereum, or any one of the hundreds of Initial Coin Offering (ICOs) that happened last year is hitting our newsfeeds with increasing regularity. Stories of “Bitcoin millionaires” and people making fortunes trading cryptocurrencies are shared with enthusiasm by the cryptobelievers, while the cryptosceptics post articles about Warren Buffett and his belief that “in terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending.”

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Passive Income – Make Your Money Work For You

Kevin O'Learly - Mr Wonderful on Shark Tank
I’m not a fan, but one of Mr Wonderful’s quotes struck a chord

“Here’s how I think of my money – as soldiers – I send them out to war everyday. I want them to take prisoners and come home, so there’s more of them.” Kevin O’Leary

Kevin O’Leary aka Mr Wonderful is a hard-nosed Canadian businessman who is well known for his sharp and often insensitive comments as one of the venture capitalists on Shark Tank.  I am not a great fan of the abrasive persona he has created on the show, although I do see that he is an essential ingredient for the show’s success, however this particular comment really resonated with me. Continue reading “Passive Income – Make Your Money Work For You”

Money CAN buy you happiness

Happy Money : The Science of Happier Spending by Elizabeth Dunn and Michael Norton
Happy Money : The Science of Happier Spending by Elizabeth Dunn and Michael Norton

Financial Independence bloggers churn out hundreds of posts about money every year. In the main the focus is on how to earn money, save money or invest money. Which all makes sense since the goal is ultimately to have enough money to finance whatever goals the bloggers might have for themselves.

A less common subject, however, is how to SPEND money, a topic which has always struck me as very important. For after all, what is the point of working so hard to have “enough” money if we do not then use it in order to buy happiness?

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Happy New Year! My goals for 2018

goals for 2018
2017 was a successful year. I plan to achieve even more in 2018!

Every year I take a few days off between Christmas and New Year and inevitably I mull over how I spent the previous 12 months and take stock of the successes and the failures, the good and the not so good . I also look ahead and plan what I would like to achieve over the coming 12 months.

This year I decided to share my goals for 2018. These are categorised as follows:

So here goes! Continue reading “Happy New Year! My goals for 2018”

Goodbye 2017!

Taking the leap to 2018!
Taking the leap to 2018!

It is that time of year when we look back and assess what we have done (or not done!) over the last 12 months, and in a mood of introspection I decided to write a post on my long-neglected blog!

I have much to be grateful for this year – 2017 has been kind to me and my loved ones.

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The Value We Derive from Going to Work

Breaking out of jail!
Some people talk about going to work as though it were indentured slavery – do we really only go to work for the money?

Many people often talk about going to work as though they were serving a prison sentence. This is particularly prevalent in the FIRE community, where bloggers talk openly about the number of years they still have to slog away before getting to the coveted holy grail of financial independence, when they would throw off the yoke of gainful employment and finally experience freedom for the first time. The fact is, however, that fixing your sights on a future date when you will be “happy” and “live life the way you want to” greatly reduces your ability to be happy in the here and now – which is very sad, for after all life is short and nobody can afford to throw away years of contentment during this journey we call life.

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