Small Acorn Money has been established to teach you how to take control of your money and make better financial decisions.
This will be achieved by writing ebooks, producing giveaway guides, creating educational digital courses, posting regular tips and opinions through the blog money musings, and answering your general money related queries via ask about money.
If you would like a more bespoke, educational, financial planning service, you can create Your Plan, where I will help you take control of your finances and develop a comprehensive financial plan to ensure your money is aligned to your life and goals.
Two lessons that provide the foundation of Small Acorn Money are based upon the two quotes to your right. These lessons are simple to learn, yet are so often entirely ignored:
1. Spend less than you earn.
2. The power of compounding interest.
When you combine the two most important lessons outlined above, you will find your prosperity will gradually increase and your life will be enhanced; much in the same way as an acorn grows into an oak tree over many years.
But these two lessons are just the foundation. There are many lessons to learn.
With all of the available investment options, how do you invest wisely? How do you ensure you have financial freedom? How can you enrich your life and increase your family’s prosperity?
Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays itAlbert Einstein
Annual income twenty pounds, annual expenditure nineteen pounds nineteen shillings and six pence, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.Charles Dickens, from the book David Copperfield
Spend less than you earn. Don’t spend money you don’t have on things nobody needs. These tips, like many aspects of managing money, are rather simple, and yet I can guarantee there will be thousands, perhaps even millions, who ignore this sound advice and get...read more
Almost half of all British households pay for a premium TV package. By the end of 2014, the three largest pay TV companies were: Sky TV, with 11,245,000 homes. Virgin Media, with 3,780,000 homes. BT, with 1,400,000 homes. Don’t get me wrong, I think these companies...read more
Rather than dealing with the issues created by decades of ever increasing debt, we appear to prefer a policy of denial and repetition of the same mistakes. Our politicians and central bankers appear to be playing a modern game of hide and seek, as poorly played by...read more
Here are the 7 steps to financial freedom: 1. Avoid debt like the plague. If you are in debt you owe your time and labour to someone else. You are a serf. To have financial freedom you need to be free from debt. 2. Spend less than your earn. Spending more than you...read more
The inheritance tax allowance is important when planning to mitigate your inheritance tax liability. In simple terms, it's what the government allows you to pass on tax free, with everything in your estate above this figure subject to inheritance tax when you die. But...read more
I’m 30 yrs old. Have no debt & a house paid outright. I have $100k to invest for 30yrs/retirement. How should I do it?
This question and answer originally appeared at Quora. I would firstly say that there is no need to rush. Take a year to learn about investing to ensure that you understand the decisions you make and the investments that you will select. If you don’t wish to go...read more
This question and answer originally appeared at Quora. Reinhold Niebuhr Read more at: Reinhold Niebuhr...read more
This question and answer originally appeared at Quora. Invest every month has two main benefits: It uses the PAY YOURSELF FIRST principle. If you commit to putting money aside every month before you get a chance to see it (and spend it) you are less likely to miss...read more
This question and answer originally appeared at Quora. I’ll also be starting college in the fall and helping my parents pay for tuition. They will be willing to pay for most of it, which means I will have some extra money to put towards investing, but only a couple...read more
This question and answer originally appeared at Quora. To answer that question you need to think about what it is you wish to achieve, what your timescales are, what other needs are there for this money, what your personal views are, how you will respond to market...read more