Tag Archives: budget

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

UK on FIRE! Free places to make memories with the family

In my last post I posted a list of free educational apps and sites, but what about downtime? As a family of eight going anywhere can end up costing the earth, but after listening to Brad & Jonathan on a ChooseFI podcast talking … Continue reading

Posted in Mrs FU | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 4 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

The Not-So-Magic Roundabout (more musings from Mrs Fu)

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

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

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

Mrs Fu Mon Chu speaks…

Mr Fu Mon Chu just loves a new project. He is a laidback but enthusiastic kind of guy and I’ve been playing devil’s advocate to his ideas and plans during twenty years of marriage, and ten years of dating before … Continue reading

Posted in Mrs FU | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Bride of FU MON CHU

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

Posted in FU MON CHU | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

The Awakening of FU MON CHU

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

Posted in FU MON CHU | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment