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Category Archives: FU #1
Net Worth update of 21 year old on the path to FIRE
Our first child of 6, FU#1, has been on his own path to FIRE for a while now, so I’ll do a quick update on his progress.
Posted in FU #1, Net Worth Updates
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January ’20 – Net Worth and monthly update #17 £541,041 -£2,820
January has been hectic as usual and has flown by as a result. We’ve been busy at work and home, with many things going on as usual in our 8 person family.
Posted in FU #1, Net Worth Updates
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LISA – Was she a swipe right for FU#1?
LISA’s profile – Attractive, seeking short or long term partner (with benefits), preferably aged 18-40, looking to settle down and buy a house with, and/or eventually retire with the right person.
Posted in FU #1, Uncategorized
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March ’19 – Net worth and monthly update #8
Time for a short and sweet monthly Net Worth update, as we go on our annual all-inclusive holiday to Spain tomorrow and we’ve still lots to do.
Posted in FU #1, Net Worth Updates
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Patience you must have, my young padawan.
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
Posted in FU #1, FU MON CHU
2 Comments
Thanks for doing the washing mum!
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
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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 apprentice, apprenticeship, college, debt, earnings, fire, qualifications, savings, school, skills, student, students, university
7 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 budget, children, compound interest, contributions, early retirement, financial independence, government, income, index funds, investments, ISA, LISA, lupm sum, pension, plan, property, purchase, retire early, retirement, saving, savings, strategy, tax-free
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 compound interest, deposit, early retirement, financial independence. fire, free money, government, house, invest, investment, ISA, LISA, money, return, value
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 budget, compound interest, early retirement, family, financial, financial independence, fire, free money, income, invest, investment, ISA, job, money, retire early, retirement, saving, value
3 Comments