Finance is actually just time travel

This is a brilliant concept I picked up from a blog by Rachel Cruze. When you think about it, finance or credit doesn’t actually create anything – all that it does is allow you to time travel into the future and ‘steal’ your future earnings… When you take out a loan, all you create is a future liability… Read More »

Remember depreciation when working out car running costs

I like electric cars – they drive better than other types and are more relaxing. However, many owners forget to include depreciation when talking about how low their running costs are. Whether you are comparing electric to petrol or just between similar cars, depreciation always needs to be accounted for. I’ve seen electric car owners talk of a… Read More »

What is a clown car?

If you drive a hybrid or electric car, perhaps you consider the 500hp SUV that travels 2 miles to town to be one? Or perhaps it’s the other way round? Following on from my post ‘what’s the most money you should spend on a car‘, there is something else to consider when it comes to cars… do you… Read More »

What’s the most you should spend on a car?

I discovered Dave Ramsey’s rule for maximum vehicle spending some time ago – it’s an excellent guideline to use, as it can be used by anyone: “Never own vehicles that have a total value that is more than 50% of your annual earnings” Remember that this is a maximum, if you can meet all your requirements at a… Read More »

Paper magazines are still a thing?

I used to read a large amount of magazines, however came to realise the cost and environmental impact(as for newspapers.) In addition, printing schedules mean that articles could have been written several months before you get to read them. With the fast changes happening, things could already have been superseded. However, for a while, I replaced paper magazines… Read More »