What does ‘savings rate’ mean? Savings rate is a fairly straightforward metric to calculate and track. It is essentially just your total income minus your total expenditure in any given pay cycle, month, year, or other timeframe of your choice. This is, in my opinion, the best indicator of your financial health. Your savings rate …
Financial independence, or the concept of saving enough money that you never have to work again often decades before most people can retire, has gained popularity over the last decade. But it’s far from an easy goal to achieve so is it really worth it? When most people hear the word ‘retirement’, images of grey …
You probably left your home country to work as an expat for a higher salary, better employment package and quality of life and to experience a new culture. However, mental health concerns such as loneliness and homesickness quickly led to behaviour that increases the likelihood of financial stress. You spend more, and you aren’t sure …
Expats more prone to money-related mental health issues Read More »
Adding a partner to budgeting adds a layer of complexity in itself – now you have another person’s money beliefs, needs, goals and habits to consider when you go about managing your money. As money is still such a taboo subject for so many people, discussing it can be awkward and challenging for many couples, …
