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- October ’19 – Net Worth and monthly update #14 £534,406 +£2,030
- 16 year old getting started on FIRE journey – HOW?
- September ’19 – Net Worth and monthly update #13 £532,376 +£11,595
- July ’19 – Net Worth and monthly update #12 £520,781 +£6,563
- June ’19 – Net worth and monthly update #11 £514,218 +£9,687
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Tag Archives: income
Do you get basic rate tax relief (20%) or higher rate tax relief (40%) on your pension contributions? In this post I’ll explain how to blow those figures out of the water and get 150%+ uplift on your pension contributions!
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
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
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
The discovery of FI is, for me, the equivalent of writing out your life plan as a young adult, following it pretty steadily for thirty years and then scrunching the whole thing into a ball and throwing it into the … 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
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