This is where I got up to with my month-end update before work got busy pre-start of the academic year, Firelite Junior started school (shorter day than at nursery) and just as we were thinking that we might even have found a childminder, Junior came down with a bad cough! While said cough has improved… Continue reading Financial independence update: August 2020
At the end of July last year fresh from off the first index funds boat I decided to start a blog charting my financial journey into territories unknown to me. So one year on, how's it going? Well, the blog itself has its peaks and troughs (yes, we're at a trough), but it's great seeing… Continue reading My FI journey one year on: How did I do?
This photo is our first journey outside of our region taken a couple of weekends ago. It marks our move onto the terra firma of ‘the new normal’. This month I also reach this blog's One Year Milestone! Whoo-hoo. I’ll reflect on the bigger picture stuff in the year reflection to follow soon, but hope… Continue reading Financial Independence update: July 2020
A breath of fresh air as lockdown lifts... The beautiful but burning sun of late, interspersed with shower after shower, is probably a fair analogy for something – maybe my mixed feelings over my work situation. But that aside, I’ve retained my high (82%) savings rate. Or if you like, 87% of take-home pay (this… Continue reading Financial Independence update: June 2020
That feeling you should or think you kinda know something, but you don’t really know it. This is what this new occasional series* tries to address: I deconstruct and untangle to provide digestible personal finance-related nuggets for the regular person, which let’s face it, rarely come up as a topic of dinnertime conversation! At least… Continue reading Unlikely Topic of Conversation 1: Quantitative Easing
You could sum it up in five words – Use less and make your own. And there’s some good lists out there already, so what’s new? I wanted to base this one on my own experience as someone who doesn’t have a tonne of spare time and mental space (realistically, I’m not going to keep… Continue reading Ecofrugal: My 17 Top Tips for a Win-Win
The sun is out, followed very closely by what feels like the near constant tune of the ice cream van, aaand lockdown is starting to relax. Consumer confidence may be sinking, but does that mean saving is on the rise? With Firelite Junior poised to return to nursery on Monday, change is certainly afoot. I’ve… Continue reading Financial independence update: May 2020
Taking the plunge? So, the announcement was made this week. I didn’t expect it so soon and held my breath as I read the email. They’re offering 10 months’ salary to those who’ve been there as long as I have to take voluntary redundancy (VR). While less attractive than previously (12 months’ salary during the… Continue reading Voluntary redundancy in the time of Corona
Dinosaurs were arguably the original financially free creatures to roam the planet! Each creature had its own niche. Since 2020 Lockdown is getting a bit weary now, let’s go back to pre-history to find out which FI dino you are*… Tyrannosaurus Rex Fast-track in high-paying city career, multiple passive income streams and throwing a tonne… Continue reading Which FI dinosaur are you?
Or another question I pose to myself this morning as I sit here with my coffee: If I had to live on what I have accumulated now, could I do so with some semblance of quality of life? Moments If you’re new to saving (or investing), then this may feel like a ludicrous question. But… Continue reading Do you need as much as you think to be financially independent?