Category Archives: FU #1

An Apprenticeship in FIRE-Starting

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

Posted in FU #1, Mrs FU | Tagged , , , , , , , , , , , , | 6 Comments

Little FU#1 – Step 3 Devise an Investment Strategy

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

Posted in FU #1 | Tagged , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

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

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

Posted in FU #1, FU MON CHU | Tagged , , , , , , , , , , , , , | 12 Comments

Little FU#1 – Step 2 The Budget

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

Posted in FU #1 | Tagged , , , , , , , , , , , , , , , , , | 3 Comments

Little FU#1 – the plan, steps 1&2

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

Posted in FU #1 | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Little FU#1 – the plan

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

Posted in FU #1 | Tagged , , , , , , , , , , , , , , , , , , , , | 3 Comments

Little FU #1 – Start of a Journey

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

Posted in FU #1 | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment