“Time is free, but it’s priceless. You can’t own it, but you can use it. You can’t keep it, but you can spend it. Once you’ve lost it, you can never get it back.” – Harvey Mackay A major area of true wealth is time. Fabulous, precious time. I think it is no coincidence we…
Abundance is the second element of the Compass Star PATH (which stands for Passion, Abundance, Time and Health). It is the more traditional view of wealth representing actual money and material abundance. A key facilitator of increasing abundance into your life is whether you view the world through the lens of scarcity or plenty, I…
I love a clean house. It makes me feel like I am on top of things, like I am ‘adulting’ well. Clean environments feel warm and welcoming; truly relaxing. What is the first thing people do when they want to sell something (like a house or a car) for an optimal price? They give it…
Is saving £432 worth an hour of your time? Imagine you are looking into your account activity to ensure you have enough for your holiday gifts and plans, and you notice an unexpected monthly charge from your favourite service provider for £57. You think to yourself: ‘hmmm, that is interesting; I thought it was supposed…
Living with passion is a key element in the PATH to true wealth; and it is the first area I discuss in my book. Passion may bring up images of artists immersed in their creative processes, or new lovers strolling in the park holding hands. This indeed is passion. However, I am speaking about pragmatic…
Financial planning is a map. It is a financial roadmap to get from point A (where you are) to point B (where you want to go). Easy, right? The interesting thing about building wealth in your life is that it can be subjective. It is not like corporate finance where the goal is focused on…
There are two primary vital signs for your finances, one is your budget (or cash flow) which we discussed in the prior blog, and the other is called your net worth which we will discuss today. Just as a doctor takes your heart rate and blood pressure as a first indication of general health; you…
Budgeting is an art. No, really. It is a creative enterprise of your resource optimization. Your budget is the architectural plan of your lifestyle: the blueprint. It is so essential that I have a whole section in my book on this topic. When budgeting is done well, it is a powerful tool for enhancing your…
Sometimes you just have to start: Whether it’s writing a book, building a website or even starting a blog; that is also the way it is with building wealth. You may not know where to start or where the path will lead, but you have to make that first brave step: a testament to the…