From the monthly archives:

February 2010

Lifestyle inflation -the silent killer of dreams

by Adam February 26, 2010 Debt

Being in our 20s and 30s we are uniquely placed to make a huge impact on our future wealth because we have so much time to let our pennies grow. Avoiding lifestyle inflation and keeping expenses low is a great way to leave you with enough pennies each month to begin investing.

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How to Afford your Mid-life Crisis Car

by Adam February 24, 2010 Debt

If you make the choice to lower your car-debt now when you’re still young and still (relatively) cool, you can afford that sports car just in time for your mid-life crisis!

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Paying off UK Student Loans

by Adam February 22, 2010 Debt

Whilst the accepted wisdom with debt is that it should be eliminated as quickly as possible, the student loans in the UK are possibly an exception to this mighty personal finance rule as although they are still debt, they do not have the traditional down-sides of risk and cost.

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The Guy in the Glass

by Adam February 19, 2010 Personal development

He’s the feller to please, never mind all the rest,
For he’s with you clear up to the end,
And you’ve passed your most dangerous, difficult test
If the guy in the glass is your friend.

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Financial Lessons of a cheese pedlar

by Adam February 17, 2010 Saving

Will-power is great for getting started but to be certain to save consistently, you have to take the will-power out of the equation and make it non-negotiable. Here are two easy ways to make saving consistently each month a reality. Inspired by ‘extra cheese’. Intrigued?

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5 Tactics to Avoid Overspending When Travelling

by Adam February 15, 2010 Smart spending

Travelling overseas is an exciting experience and one which will furnish you with memories and stories for many years to come. However, to make sure those memories and experiences are positive ones, you need to be able to control your money and your spending while overseas, and it can be hard to stick to a budget and watch your spending when you are on holiday. Therefore, here are five tactics which can help you avoid overspending when you are travelling overseas, while still ensuring you have a great time.

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Don’t Act your Age: How to Keep Saving and Keep your Friends

by Adam February 12, 2010 Saving

Finances can be a taboo subject: it is deeply personal and spending habits are hard to change.Everyone needs their own ‘light-bulb moment’. Until your friends catch up, here are some ideas that I have found helpful to keep you on track as don’t act your age but rather make the active choice to grow your pennies for your future.

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Start the Journey To Grow your Pennies

by Adam February 10, 2010 Basics

Ensure that you never again find yourself with some month left at the end of your money with the help of a budget. Here are 5 things to keep in mind.

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First Carnival

by Adam February 10, 2010 Blogging

It’s Carnival time here at Magical Penny and I am thrilled that two of the foundational articles at Magical Penny appeared in not one but two carnivals -weekly collections of the best of recent articles on a particular subject.

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Get A Job that Pays Dividends

by Adam February 8, 2010 Personal development

Having a vision in your mind about the future is important as you begin down the road to saving and investing. It helps you to stop yourself when, sooner or later, you are tempted to steal from your future self; when you want to prioritise today over tomorrow.

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