Burn

Every time you win a lottery, you have to pay a flat tax of at least 31.2%. That's easy money for the IT department, don't you think?

When couples use money as a tool to control their partner's behaviour or keep over-monitoring or criticising their financial needs, it's a heads-up that the relationship is heading towards becoming a financially toxic one.

Furniture rental is a good option if you are going to be staying in a place for a very short time, or if you are on a tight budget and do not want to spend a bomb. But if you want your furniture to be with you for long, then just go buy it.

Southeast African country Zimbabwe has issued gold coins as legal lender to tackle growing hyperinflation in the country. The name of the gold coin is Mosi-oa-Tunya and it will have a “liquid asset status”.

Do you want to really hang out with your friends but somewhere in the back of your head you are kinda hesitating to meet them up? You know that if you go out, you could end up spending more than your budget permits you at the moment.

According to a survey, financial tensions often crush relationships' intimacy. So, if your private 'partner checklist' had features of mental, emotional, and spiritual connection, add another additional box to the checklist: financial compatibility. Financial compatibility does not just mean how much money you make. It also includes your values, goals, beliefs and attitudes about handling money.

The money advice you follow should be customised for you based on your own unique situations, values, and goals. How you implement money advice depends on your acceptance and awareness of what you are capable of, what you are comfortable with, and what kind of situations you are okay to deal with. Though some finance rules are universal, many are not. This includes advice on paying off your debt, renting a home and cutting down expenses.

If you live on a budget, you might wonder about the kinds of things and experiences you should really be thrifty about. I think investing in professional services, staple wardrobe items and buying first-hand quality products is always a better deal than free or cheap substitutes. Also, investing in travel experiences that remove stress or investing in hobbies is a great investment for your mental health, even if it seems ''expensive'' to others.

Yes, having a health insurance can be expensive and it can make you feel that part of your salary is being wasted, especially if you are fit and healthy. But not having one can be financially devastating, especially if you are not ready for a financial shock and have other financial priorities to tend to.