Posted in Building Wealth

Looking for an easy way to help get your personal finance in order? If you're like most people, your paper trail is probably decreasing by the day. No doubt, you already receive your bills and bank statements online, and now there are even apps and web-based tools to manage important documents such as your will, business contracts, insurance, receipts and invoices. While personal finance apps used to focus on budgeting alone, many tools now go much further. Not only can you store all of...

5 ways to know if you're at retirement age. What age can I retire? We are often asked this question at FinancePath. And, the answer is simple you can retire at any age you like. The real question is: are you ready to retire? But before we delve into what financial considerations you must make when preparing for retirement, you should first ensure you're mentally prepared to give up work. After all, it's no secret that our purpose in life is often entwined with our occup...

Why you should know the difference before seeking self employment opportunities. I remember when I started working for myself at age 24. It felt good to say I had my own business. But in reality, back then, I was really self employed. In fact, I was a contractor with one source of income and the added burden of extra paperwork when it came to paying my tax! Nevertheless, being self employed was the first step towards achieving my dream of becoming a business owner of a mortgage...

Learn how to achieve your financial goals sooner. Believe it or not mastering your money is not all about how much you earn. Sure, your income is important, but the most important thing is having clarity over the money you do have. That means using it correctly to achieve the things that are most important to you. Whether you're saving for an overseas holiday, preparing to have more time off when your baby arrives, or finally buying that investment property you've always wa...

Top 4 questions to ask yourself when writing a will. We get it, making a will can be a confronting process, which is probably why seven out of 10 people who come through our doors don't have one. But, quite simply, the implications of not having a will can be detrimental to the future of your personal finance that you've worked so hard to build and your beneficiaries. Firstly, a will is a legal document which sets out who receives your property and possessions when ...