Don’t let emotions control your financial decisions: How to embrace the joy of liquidity over hoarded assets

Too many memories are associated with those houses, she says. This is where we sat and drank coffee every morning; this is where my son studied; this is where I fell and broke my leg; this is where I kept my large lamp, and so goes the list. I ask her to tell me more … Read more

Mary Holm: How to kill debt without selling that classic car or treasured artwork

If you really love your classic car, perhaps keep it if you can, rather than sell it. Photo / 123rf Q: I’m in my mid-forties, with the mortgage on our family home about $150,000 remaining. Our other assets – in various states of liquidity across shares, index funds, crypto, classic car – are also about … Read more

How to access assets when breadwinner is incapacitated

Niranjan Vemulkar, co-founder and chief executive officer of Yellow, a digital will-making platform, shares an example. “We know of a case where the breadwinner went into a coma. His assets were frozen and a good amount of money was needed to pay the hospital bill. The family had to move court to release some of … Read more

New Year 2024: How to level up financial knowledge with the rule of 72?

As the new year unfolds, our aspirations centre around witnessing the growth of our finances. There’s an unparalleled satisfaction in realizing your financial objectives, particularly after dedicated periods of investment. The ongoing fluctuations in the market have spurred numerous individuals to delve into the intricacies of personal finance. Simple calculations, such as formula 72, have … Read more