Archive for Leverage

How Did Goldeneer Make It

Feb 20, 2013 1 Comment by

In 5 years, Mr and Mrs Cannes acquired 6 rental properties and a home. The rental profits from all properties are now enough to replace one income and make them financially independent. The following were the steps taken by Mr and Mrs Cannes. Frugality As Mr and Mrs Cannes were finishing university, their  jobs during [...]

Goldeneer's Story, Leverage, Real Estate, Strategy, Sustainability Read more

Don’t Pay Later

Jan 10, 2013 2 Comments by

A family member recently advised me that I should buy a washer and dryer on a “Pay Later” plan. She claimed that it would be a very smart thing to do as I can put the equivalent amount of cash, which I have available in the bank, into a savings account or an investment vehicle. [...]

Debt, Frugality, Leverage, Lifestyle, Savings Read more

Line Of Credit Emergency Fund

Dec 07, 2012 Comments Off by

Did you hear O’bryan’s law? He said Murphy was an optimist. One of my favourite personal finance gurus is Gail Vaz-Oxlade. Her financial advice is sound and she had good methods for getting people to follow their own budget. One of her rule of thumbs is to always contribute and top up to a cash [...]

Debt, Investment, Leverage, Savings, Strategy Read more