Finances, Financial planning, pensions

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

About me, Finances, Goal setting, Midlife gap year, Personal development

The Journey So Far: Reflections & revelations

So, 3 weeks into blogging now…. And I’m really enjoying it! I’m grateful to all who stop by (that’s you!) and those who take a peruse around. It's starting to look like a blog now and not a few 'articles' that may fizzle out any moment. I’ve had my first non-promotive-type subscribers and comments. So,… Continue reading The Journey So Far: Reflections & revelations

Early retirement, Personal development

Luck and bias in the FI mindset

How many times did your stars align to help you toward your current financial status? I was reading The Ermine's well written post entitled 'FIRE is for the few not Many' , which discusses the important role of luck on the journey to financial independence (FI). I must agree, if you're aiming for FI, you're… Continue reading Luck and bias in the FI mindset

Minimalism, Personal development

Packing minimalism

We're packing for a long weekend in the Firelite household, and I felt this an opportune moment to reflect on my travel packing philosophy. I must admit I've had many years of practice of travelling light, but for most of that time, I thought I was travelling light when I was in fact only travelling… Continue reading Packing minimalism

Frugal living

Treats for under 50p (60 cents) that make me happy

After a few serious posts, I thought I'd mix it up with something as close to my heart as the other recent topics... A good bargain! Who doesn't love a good bargain? Apparently, quite a lot of people! But that's not you and me, right?! Bargains are great value for the price. And for the… Continue reading Treats for under 50p (60 cents) that make me happy

Early retirement, Finances

What’s your savings rate and are you getting it right?

The savings rate is lauded as one of the most crucial bits of information in the FI armoury, and I can see why. Simply put, this is the proportion of your take-home pay that you save or invest potentially towards FIRE (financial independence / early retirement). In fact, I estimated my savings rate when I… Continue reading What’s your savings rate and are you getting it right?

Goal setting, Midlife gap year, Personal development

Living authentically means living with inner conflict

So, fresh out of my first ever life coaching session yesterday, pondering about my midlife gap year plan I am trying to commit myself to (in 12 months’ time), the succinct quote below is what's left ringing in my ears. I'm not sure why, but I responded with "Yes, do you think so?" The answers… Continue reading Living authentically means living with inner conflict

Finances, Frugal living, parenting

Motherhood and FI: Family, finance and frugality

Does it add up? Most female financial independence (FI) bloggers I've noticed are single without children (just the UK?). Yet, there are many father bloggers. Lots of FIers are couples, some with kids, though many who blog about FI are male. So, the pool of female FI bloggers is smaller to start with. Then, there's… Continue reading Motherhood and FI: Family, finance and frugality

Early retirement, Goal setting, Midlife gap year, Personal development

Human wholeness – in the pursuit of FI

Earning the surplus time to eventually focus on me in a Meaningful Way. This includes realigning my relationships with the world. A bit like a life physio. That's in short what I want out of financial independence (FI) / early retirement.  "The whole is greater than the sum of its parts' For so long I've… Continue reading Human wholeness – in the pursuit of FI

Goals, Lifestyle, Personal development

What’s better than happiness?

There's a lot written about happiness, and these days, we even search for life hacks to overcome “hedonic adaptation” – how you're initially very happy with a new situation or purchase but soon return to your 'happiness set point’*. Happiness sells. And you can see why; it's the prototypical, unadulterated positive emotion. Who wouldn't want… Continue reading What’s better than happiness?