Summary : Building wealth and making progress toward financial freedom boils down to a single, simple formula that applies to everyone: Spend less than you earn and invest the difference wisely. Also, minimise debt and unnecessary tax. Your progress toward financial freedom is the inescapable mathematical result of how much your income exceeds your expenses and what you do with the surplus. Income, Expenses, Tax, Time, Debt and your average Investment Return Rate are the only factors that matter.
Summary : Stockspot is a low-fee, automated way of investing in passive index ETFs. Personally, I prefer Vanguard Diversified Index ETFs (even lower cost) but there are some extra features Stockspot provides (gold, tilts). However, the most underrated free service of Stockspot are the simple, reliably-correct explanations of investing wisdom on its blog. I have told many people to just read the blog and virtually none of them bother or know where to start. In this post, I will link to only the best articles and categorise them.