As the playwright George Bernard Shaw famously observed, “The single biggest problem in communication is the illusion that it has taken place.” Nowhere is this more evident than in our family conversations about our financial lives. We often assume that because we share a home, a surname, and a bank account with our loved ones,...
One of the metrics used extensively in the financial profession to evaluate a given decision is the Return on Investment (ROI). It’s used in other areas too, like in marketing and operational planning meetings for larger companies and corporations. This metric drives us to optimise portfolios to chase the highest possible yield. We scrutinise management...
Have you ever thought about the unspoken money scripts we pass to our children? As parents, we often assume that teaching our children about money requires a formal sit-down conversation. We plan to wait until they are teenagers to explain the mechanics of a budget, the danger of credit cards, and the magic of compound...
The financial world is full of complex algorithms, dense spreadsheets, and jargon designed to make investing look like a highly complicated science. You could find yourself thinking that you need an advanced degree just to understand what your money is doing. But occasionally, a piece of math comes along that is so simple, and so...