Clear, practical steps to build wealth, protect it and get your freedom back sooner than you think.
Creating content, has many great benefits for business and for providing a creative outlet. To get the best benefit out of it, it should be done consistently. Daily if possible. When is the best time for creating content, then? I’ve experimented with various times and here is what I’ve found.
Continue reading “When is the best time for creating content?”
I practice the GTD system of Getting Things Done by David Allen. The beauty of it, is that you can tailor it to your own needs. One thing that I’ve played around with, is what to do with recurring tasks. Recurring tasks are those items that repeat every day, so how do you record this on a to do list. Here are some ways in which I’ve tried to record recurring tasks.
I use a financial bucket system instead of a budget. I’m not a great fan of budgets, as I find them inflexible and restrictive. Budgets that are too granular, that is, drilled down to specific spending categories, don’t consider the fluctuations in spending patterns and needs.
How do you 10x your money, for instance to turn £100 into £1000? Maybe you want to buy something that costs £1000, you only have £100 and you don’t want to use a credit card. Very sensible.
You make your money when you buy a property, so buy below market value. This is a common phrase you hear when talking about property investments and is certainly true when discussing the capital gains. It can also be true when you consider mortgage repayments, as the less you pay for the property, the less your mortgage will be.
Continue reading “How to get a Below Market Value (BMV) Property in the UK”
This was my first property deal and it wasn’t done within a limited company as the others were. There is many a tale to tell about this property, but here are the financial details.
Here is the deal breakdown on the financials of a property I’ve just completed on. I will do this with all the properties I purchase.
If you spend any time online reading blogs and forums on investing, you will no doubt read about why investing in property is a bad idea. However, there are many benefits and we should take the emotion out of the decision. If you have concluded that property investing is a good idea but you are still not taking the plunge, it maybe that fear is stopping you from investing in property.
Continue reading “Don’t let fear stop you investing in property”
“The person with dreams is more powerful than the one with all the facts” – Albert Einstein.
I’m sure Einstein was talking about those dreams which are our hopes and aspirations, rather than what goes on when we are asleep. I would like to posit that those movies we play when we are unconscious are important. Therefore, you should record your dreams so that you may benefit from them.
The older I get the more I realise the importance of sleep. When you are younger you can afford to burn the candle at both ends, but eventually there comes a point where you must take sleep seriously.