I don’t make resolutions, I just try to do my best every day.Unknown
You never know when you suddenly need money. One day you may lose your job, become sick or simply encounter some unanticipated costs. Life is unpredictable and a money buffer (aka an “emergency fund” 🤓) seems like a wise idea.
But how much money should you put into this emergency fund?
I’ve always enjoyed the pause between Christmas and New Years, a couple of days of relative quiet in an otherwise busy holiday season. A great time to devour all those ‘best of’ articles and videos. Speaking of, here are my top picks for 2018:
Goop & the wellness trend. I don’t know about you but I find Goop fascinating – https://www.nytimes.com/2018/07/25/magazine/big-business-gwyneth-paltrow-wellness.html
A perspective on the future of tech from a well known venture capitalist – https://www.ben-evans.com/benedictevans/2018/11/16/the-end-of-the-beginning
Stella McCartney & sustainable fashion, a different take on what luxury fashion is – https://www.wired.co.uk/article/stella-mccartney-sustainable-fashion
Amazon shareholder letters – https://ir.aboutamazon.com/annual-reports
Samin seems lovely, her approach to beauty is refreshing, and her Netflix show (Salt, Fact, Acid, Heat) is 👍 – https://cupofjo.com/2018/10/samin-nosrat-beauty-uniform/
Caroline Hirons, skincare queen – https://www.youtube.com/user/dixierae25
Liah Yoo, I like her skincare line, Krave Beauty, and skincare philosophy – https://www.youtube.com/user/YellowyCream
The Anna Edit for real life (aka wearable) capsule wardrobes and general good vibes – https://www.youtube.com/user/ViviannaDoesMakeup
Elizabeth Suzann Money Talk, written in 2017, yes I’m late to the party, but an insightful piece on the cost of clothing – https://elizabethsuzann.com/blogs/stories/money-talk
When you have a couple of spare hours 😅
https://www.apartmenttherapy.com/house-tours because who doesn’t like checking out other people’s houses?
https://www.refinery29.com/en-us/money-diary or reading about what other people spend their money on 😏
Boundaries are kind of like a restaurant menu in that if you didn’t want a “curated edit,” you’d just go to the supermarket. No?Leandra Medine, Man Repeller
Named after Italian economist Vilfredo Pareto, the Pareto principle broadly states 80% of the results come from 20% of the effort.
When it comes to your finances, do you know what that 20% is?
Continue reading “The Pareto principle”
“…edit your life frequently and ruthlessly. It is your masterpiece after all.”Nathan W. Morris
Every single personal finance resource I’ve come across has treated clothing as just another number in the budget. Did you know that “most financial experts say around 5% of your budget should be spent on clothing”? 😳 But why?
Money is a thing but it is not everything.
There’s no mandatory retirement saving in the USA which depending on who you ask is exciting or terrifying 😜
If you do find it all a little overwhelming here’s our take on how you can start
saving (well really it’s investing) for retirement in under 10 minutes. 5 minutes to read this, 3 minutes to take the first step, and 2 minutes to pat yourself on the back 😉
Superannuation is probably the most valuable investment you own that you don’t know about.
When 9.5% of your salary goes there, it’s worth taking a closer look at where your money is going.
Savings accounts don’t get much love these days and given the low interest rates it’s not hard to see why.
A quick Google search will tell you that savings accounts barely pay enough interest to cover inflation, so is it still worth putting money into a savings account? 🧐