February 6, 2012

Obama & McCain Define "Rich"

If you ask 10 people to define “rich”, it shouldn’t surprise you that you will get 10 different answers. This is because everyone’s perspective of being rich is very different. This difference showed up recently when the Pastor of Saddleback Church, Rick Warren, sat down with US presidential hopefuls John McCain and Barack Obama and [...]

Money Myth #7: I can marry a rich person

Myth: I can marry a rich person Truth: We know ready-made meals are easier and faster to eat than having to cook them from scratch. The drawback is that they don’t taste exactly as you would have liked. If your main reason of marrying someone is because the person is rich, you have already defined how [...]

Money Myth #6: I can win the lottery

Myth:  I can win the lottery. Truth: Many people have been singing the ‘lottery’ song for a long time and they still have not won but instead are paying a ‘voluntary tax’ to the government. Even many of those who have won millions have gone out to buy all the ‘bling-bling’ they could lay their [...]

Money Myth #5: Everything will be alright – somehow

Myth: Everything will be alright – somehow Truth: Ignoring your debts won’t make them go away. If you bury your head in the sand, sooner rather than later something (or someone) will come along and give you a big reality kick in the backside and it’s going to hurt because you won’t see it coming. [...]

Can You Afford To Take A Pay Cut?

Tax firm – Tenon have been researching whether employees will be willing to accept salary cut in this current financial climate. This follows the refusal of the long-term hostess of Channel 4′s “Countdown” programme Carol Vorderman to take a 90% pay cut from her £1m salary down to £100,000!!!. 89% of the responders to the poll  unsurprisingly said they would [...]