Attaining the title of “millionaire” is an aspirational goal for many. Lots of people want it. Some people become a contestant to try and win it. Many think that once you reach the fabled millionaire status your financial freedom is assured. But what even is a millionaire anyway? What makes you a millionaire UK Definition …
Hello there good reader! I’m proud to announce that I have re-branded my site. No longer are we Personal Profit. We are now The Mindful Money Project! Why have I made the change? There were a few reasons why I made the change, other than being chronically indecisive! 1. Blogs in the same space with …
Personal Profit is now The Mindful Money Project! Read More »
Understanding the difference between the two is important, especially when you’re trying to improve your personal financial situation. Ever heard the story of the janitor who surprised everyone when he died by leaving $5 million to his local library? Or the story of the famous athletes who earned multiple millions a year filing for bankruptcy? …
What is the difference between income and wealth? And why you should care! Read More »
Even though comparing yourself to others doesn’t always do your mental health much good, it is a helpful benchmark to check yourself against, not to mention a hell of a curiosity cruncher. I’ve run the numbers which are available publicly from the Office for National Statistics Total Wealth survey. So, ever asked yourself how do …
Average net worth in the UK – how do you compare? Read More »
I’m sure most people are in the same camp as me, but I regret not starting to save more when I was younger. I would manage to be disciplined and save up some money, £500 or so, and then have one big blow out and buy a laptop or something else I probably didn’t need. …
Why starting to save when you’re young is so important (I wish I did more of it!) Read More »
I used to think the only way to riches was a top job in a boardroom, lottery win or making it as a top sportsman (spoiler: I suck at football). You’d be gutted if my conclusion was “yes, become a top footballer or win the lottery”, but I’m glad to say that isn’t the case. …
Phwoar, look at the state of that. Camper van loaded up with surfboards (or are they paddleboards?!). I fantasise about the day I can switch off my laptop at my desk-job and wander the paths of Britain, cycle the roads of Europe and eat my way around the world. However, I’m a cautious sort and …
