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Author Archives: FU MON CHU
Recap – This is step 3 in the process to set up a plan for my son, FU#1, to buy a property and reach FI before he is 40 years old. In step 2 of the plan, we set up an … Continue reading
Who would like a tax-free birthday present of £250,000, for free?
Me please, whats the catch? How much is it going to cost?
The cost to you, my friend? – Zilch, Nada, Zippo, Zero, Nothing!
This is a scam, right?
So what gives? Continue reading
I’m putting in place a quite simple budget plan for FU#1 that doesn’t need a lot of tracking and doesn’t require every little transaction to be logged. I have broken the budget down to 3 main areas. These are Savings, Essential … Continue reading
‘…by 2035 there may be almost no one giving up work before the age of 65. That would mean nearly everyone born after 1970 will work beyond their 65th birthday.’ Read more: http://www.dailymail.co.uk/news/article-5529841/By-2035-no-one-work-turn-65.html#ixzz5AW0RWNwo Looks like we’ve had it then 😉 … Continue reading
In my previous post on Little FU#1, I outlined the steps I am putting in place for Little FU#1 to start his journey to FI. I intend to do a series of posts to expand upon those steps so that anyone setting … Continue reading
Can a young person on an average net salary of £25k buy a property and become FI by the age of 40? “Impossible!” the mainstream media and the regular man on the street would scream. “Young people can’t even save … Continue reading
You hear every day in the news about the housing ‘crisis’, that young people are hard done by, and that they will never be able to afford their own homes, will never be able to retire or will need to keep … Continue reading
Mrs FU MON CHU is generally quite cynical. She quite often ridicules my latest interests/fads and it is quite difficult to get her on board to new ideas even though she is very intelligent ; ) . Once she is convinced … Continue reading
Despite being reasonably financially savvy, or so I thought, I was surprised to realise I had been sleepwalking on a financial hamster wheel for the past several years. My financial education had come mainly from mainstream media sources, such as … Continue reading