Category Archives: FU #1

Patience you must have, my young padawan.

Posted on 10th February 2019 by FU MON CHU

My son , FU#1, is following an apprentice pathway in his career, as we have detailed in previous posts. He is now 20 and is coming towards the end of the apprenticeship he started in mid 2016. He has done his … Continue reading →

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Thanks for doing the washing mum!

Posted on 25th November 2018 by FU MON CHU

Today we have our first Guest post on this blog. Our special (in our eyes) guest blog post is by none other than our first born, little FU#1. It actually feels quite strange to read his thoughts on paper as a … Continue reading →

Posted in FU #1 | 4 Comments

An Apprenticeship in FIRE-Starting

Posted on 12th May 2018 by Mrs Fu Mon Chu

I was listening to Jonathan and Brad on their ChooseFI podcast all about coding this week and found it really interesting.    They were interviewing Ryan Carson from Treehouse, an online coding tuition course website, who considers coding to be a … Continue reading →

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Little FU#1 – Step 3 Devise an Investment Strategy

Posted on 29th April 2018 by 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 →

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Free Money – Who wants an extra £250,000 tax free?

Posted on 13th April 2018 by FU MON CHU

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?

No.

So what gives? Continue reading →

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Little FU#1 – Step 2 The Budget

Posted on 10th April 2018 by FU MON CHU

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 →

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Little FU#1 – the plan, steps 1&2

Posted on 18th March 2018 by FU MON CHU

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 →

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Little FU#1 – the plan

Posted on 3rd March 2018 by FU MON CHU

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 →

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Little FU #1 – Start of a Journey

Posted on 24th February 2018 by FU MON CHU

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 →

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