An important task as a parent is to help instill or foster life skills in your child so that they are equipped to stand on their own two feet eventually to make their own path in the world. We simply don’t yet know how the future will play out – the exact impacts of climate… Continue reading How to teach a young child money mindfulness
Author: Firelite
I'm a UK blogger sharing my journey to financial independence via a midlife gap year currently in the planning. I'm a working parent, often fascinated with the world. My blog covers personal development and working towards financial freedom. I stay anonymous so that I can be open about my numbers. If anything I write sparks your interest, I'd love to hear from you!
Considering Property Investment and My FI plan – Part 1
Recently, I've been toying with the idea of investing in a property primarily as a way of growing my passive income in ‘old age’, something not exactly pleasant or exciting to think about but would probably be foolish for me to dismiss given that if we’re lucky enough, we’re likely to live to a ripe,… Continue reading Considering Property Investment and My FI plan – Part 1
Financial update: October 2019
With another month and Halloween gone, has yours been more trick or treat? Life's got slightly less busy for me than when I last posted, but not with enough headspace yet to return to blog-mode. While I have a slight discomfort with having two adjacent monthly financial updates and no content in between, I'm just… Continue reading Financial update: October 2019
Financial update: September 2019
I started this update stood at the bus stop on a sunny crisp morning wondering where the month went... To a lot of work I guess...a lot of life energy...making Jill a dull girl, no doubt! But it does mean not spending too much. 🙂 Except vending machines at work. Guilty on that count! That… Continue reading Financial update: September 2019
The inconvenience of the twilight years: Figuring later-life into your FI strategy
My posts have been more sporadic of late not because my blogging honeymoon period is over, but because I’ve been working my ass off. Whether it’s worth it considering my plans for a "career change" is a good question for another post. But in snatches of time between super long work days and parenting, something… Continue reading The inconvenience of the twilight years: Figuring later-life into your FI strategy
Rethinking my FI strategy?
Since starting this blog, I worked out my approach to financial freedom. It's an exciting time, but I admit that the way I’m aiming for FI makes me feel a bit of a fraud in the FI world. I use what I’ll call here the conventional early retirement (ER) strategy, which put simply, is accumulating… Continue reading Rethinking my FI strategy?
The altruistic FIer: How to create a helping portfolio
The dilemma: You want to be financially independent and to retire early. Maybe pursue things you value rather than be compromised by the rat race and consumerist culture. All great, but two inconvenient issues are raised for the ethically minded. First, most aiming for FI invest in the world’s top financial markets that buy into… Continue reading The altruistic FIer: How to create a helping portfolio
Midlife schmidlife: An honest meditation
How do I feel about this gradually changing me? It's easy to forget that no life transition is easy. Teenhood, adulthood... Teething problems to say the least! But unlike those other times, 'midlife' conjures up much less little excitement for a life unwritten, especially from an agecentric young person's perspective. I must accept this reality,… Continue reading Midlife schmidlife: An honest meditation
Financial update: August 2019
This month: Big savings rate boost, bond fund purchase, and closing in on my ISA limit. Hm, there’s been an unusual amount of positive movement in my financial situation given that nothing has changed with work! Most of it admittedly will take effect in next month's pay, but you know, I'm too excited (you know,… Continue reading Financial update: August 2019
What exactly is inflation and how to beat it
Have you ever wondered how accurately inflation is measured but never really cared to look it up? Should financial plans for early retirement (FIRE) assume a 2.5% rate of inflation, as I’d done ? Here, I explore what the UK inflation rate is, what it means to FI plans, and ways in which we can… Continue reading What exactly is inflation and how to beat it
