Category : Basic concepts
Teaching children about money
I got asked about children and pocket money following research which found that parents are encouraging children to work for their allowance. There were some good questions asked – they’re all actually answered in the book Taming the Pound … Continue reading
Dealing with debt
I got misquoted recently. Somebody had taken some things I’d written, quoted the actions I suggested accurately, but then changed the order. It was for an article about dealing with debt, and they started with making a budget. Now … Continue reading
If borrowing is the answer
II did a piece about people in debt a while ago. One of the things that caused the physical problems I mentioned is that people have chronic debt. That’s, chronic, not in the sense of bad, but of … Continue reading
Property purchase
I got asked by the Daily Mail to comment on their headline about 360,000 people being “trapped” in their first homes by the decline in property values. It’s similar to people who simply can’t afford to buy, who are … Continue reading
Want what you’ve got or get what you want?
I did a brief radio interview on BBC Radio Birmingham yesterday. It was about the couple who won £161 million on the Euro lottery, and had to go into hiding from all the begging letters. The presenter, Tammy … Continue reading
Budgeting and stopping unnecessary purchases
Three questions about budgeting: How do you prepare yourself mentally for the arduous task of budgeting, How do you keep yourself on track and How do you stop yourself from unnecessary purchases? I’ve talked about the one and two … Continue reading
Keeping on track with budgets
Three questions about budgeting: How do you prepare yourself mentally for the arduous task of budgeting, How do you keep yourself on track and How do you stop yourself from unnecessary purchases? I’ve talked about the first one, … Continue reading
There’s a hole in my budget
I was asked to contribute to a feature about budgeting recently. There were three simple questions: How do you prepare yourself mentally for the arduous task of budgeting, How do you keep yourself on track and How do you stop … Continue reading
Jobs and stress
I was recently asked to comment on some new research by Everyman about the stressors in life. The reason it got to me was that Terri Bodell, Deputy Chairman of the National Association of Counsellors, Hypnotherapists and psychotherapists, noted “money … Continue reading
Consumer Confidence
There was a nice illustration of some of the basics points that I keep making on the BBC last week. One is the habit economists have of simplifying everything to the point that they can understand it, which … Continue reading
