Interview with Double Dutch

Can you describe your relationship with money?

I think having had a background in finance and studied finance at university for four years gave us a good foundation when it comes to money. We've always been quite tight on our cash flow.

When starting a company, it's really important to have a close eye on what is coming in and going out so we're quite tight on our relationship with money. We are definitely not big spenders.

What does being wealthy mean to you?

On the one hand side, being wealthy is about being able to do what you love and what you want to do. For example, going on holiday, buying clothes or new furniture. But on the other hand, having a good life is a nice evening with friends and being close to your family. My relationship with my twin sister makes me really wealthy! We're each other's best friends and I think it's definitely a cheeky answer but I think that's also an example of being very wealthy.

 

What do you splurge on?

I don't really splurge on...

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PODCAST GUEST: Design Disasters & Amazing Architects: Meet Studio Búa

money advice Mar 20, 2020

DESIGN DISASTERS & AMAZING ARCHITECTS: MEET STUDIO BÚA

by Becky Balfourth

THIS WEEK’S PODCAST GUEST

Meet Mark, architect and founder of Studio Búa.

Mark is responsible for saving Lisa’s house renovation from disaster.  As she says, ‘everything that could go wrong, did go wrong.’  (Mark says this isn’t quite true- things can go a lot more wrong than they have!  Do we want to know?)

Lisa thought Mark would draw something and it would eventually get built. At the time, she didn’t know about the value of having an architect stay on-project after the designing is done.  Thankfully, she does now.

In a snapshot: the builders added costs as they went along, until they eventually tried to add- via e-mail- £100,000.  This is despite months where nothing was happening.

Who knew architects could help with situations like this?

Just as you don’t always know what you’re looking for when you seek...

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Questions to ask a Financial Adviser and how to find one who is right for you?

money advice Feb 26, 2020

Mia Taylor
27 February 2020

You are ready to level up your finances and meet with a Financial Adviser. So how do you go about finding one and what do you need to ask before or during your meeting?

There are a few different ways to find an Adviser, one of the best ways is by recommendation from a friend. If your friends aren’t currently seeing an Adviser then you can try a quick google search or use the find an adviser search option on either the Association of Financial Advisers (AFA) or Financial Planning Association of Australia (FPA) websites.

It’s a good idea to get in contact with a couple of Advisers who are convenient to your work or home and ask if they have time for an initial phone discussion as you are considering an initial appointment.

During your first phone call – just like going on a first date, it can seem a little full on to start firing off questions without first introducing yourself and what has prompted you to...

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How To Test A Side Hustle Idea

money advice Oct 29, 2019

There are many reasons why you might want to start a side hustle! Extra cash, financial independence, test a business idea, pay off a student loan… you get my drift. Never has there been a better time to start a side hustle with cost of entry to get into a side hustle low, websites are cheap and you don’t need an office to do this, and you can start from home.

 

Last night 90 women joined She’s on the Money at Karmarama in Farringdon for Get Your Side Hustle On!

Skye Robertson from Escape the City broke down on Thursday night how to get clear on your idea criteria:

1. How easy will it be to launch?

2. How easy it will it be to make money?

3. How much time will it take to operate?

4. Does it match my non-negotiables?

5. Do I care about the problem/need/product?

6. Am I excited about it?

And then how to create a MVP – Minimal Viable Product to test your idea, this:

1. Creates value

2. With minimal amount of effort.

3. With a feedback loop to learn...

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