to purchase gold?

Depending how you look at it some would say no and some would say yes! Here’s why….

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Not for a while yet?! Today the UK Government announced their cuts to the public sector as part of the austerity package for the next 4 years. These cuts are due to the last recession and the consequently stagnation of the global economy. These cuts will affect everyone so it is important to keep abreast of what is going on, irrelevant if you want to become financially savvy or not!  For further information on these cuts, click here.

As a consequence I thought I would write this piece in order to further educate you on the importance of understanding what Inflation, Deflation and Hyperinflation is, and how each one can, and will, affect our economy, our lives and our money.

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Do you know the difference between financial security, financial freedom and financial independence? Interestingly enough, not many people do! And if I were to ask a number of individuals from mainstream society, which of the three would they want for themselves most would choose financial security, as it is what they understand most. This is not necessarily a bad thing, but neither is it a great thing because who or what exactly is responsible for providing that (financial) security?

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“Going into business for yourself, becoming an entrepreneur, is the modern-day equivalent of pioneering on the old frontier.” 

 Great quote by Paula Nelson, bestselling author and entrepreneur!  What are your thoughts on starting a business? Is it something that brings out the hebe-jeebies in you, or excites you…into action?

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When it comes to financial education one of my favourite authors is Robert Kiyosaki! He took an unpopular subject: Money and how it works, and broke it down for the everyday person making it more popular and easier to understand; as well as more accessible and applicable to the average person and their lives.  His books have changed people’s lives!

Rich Dad, Poor Dad, his most popular and best-selling book has sold over 17 million copies; was on the NY Times best selling list for going on seven years, and has been translated into fifty-one languages.  From that first book, seven other books have followed making up the Rich Dad series, including one called ‘Rich Dad’s CASHFLOW Quadrant.

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