My Top 5 Income Generating Assets in the UK
In this post, we are going to share our top five income-generating assets that are actually worth owning in the UK.
The Emergency Fund – Financial Priority No. 1
Have you got an emergency fund? Shockingly, many adults don’t have enough savings to sustain their lifestyle for just four weeks if they lost their job. Suddenly losing their income or having a large unexpected expense could start the chain reaction that leads to financial devastation. Massive debt, bankruptcy and even homelessness are very real possibilities. Scared yet? You should […]
Introducing FIRE: How To Retire Extremely Early
What if I told you it was possible to retire in your 30’s? Would you believe me? Would you want to? For most people, early retirement would be age 55 – provided you’ve built up a big enough private pension. Retiring any younger is often met with a raised brow. “Did you win the lottery? […]
Personal Finance 101: How To Create A Budget
How to create a budget, step by step. Not being able to stick to a budget is a major reason people get into debt. And once you’re in debt, it’s an uphill struggle to climb out of it, as you work harder and harder to pay back growing loans. Sticking to a budget may not […]
Embracing Frugality (Again)
As I write this, the world is amidst a crisis. COVID 19 has changed life as we know it. Everyone has been affected in some way by the virus. From a monetary viewpoint, the upset is astronomical. The economy has ground to a halt. Businesses have been forced to close their doors, all non-essential work has stopped, […]
How Much Money Do You Need To Retire Early In The UK?
Have you ever dreamed about packing in the J.O.B. way before pension age? The thought has probably crossed your mind – like, every Monday morning. What stops most people from acting out that fantasy is a lack of winning lottery numbers. But in all seriousness, how much do you actually need to retire? £10 million? £5 […]
What to do if you Hate your Job and can’t Afford to Quit
What to do if you hate your job and can’t Afford to Quit Humans are the only species known to continue doing tasks we hate for extended periods of time. Why? Well, it could be that meddling big brain of ours festering in anxieties that don’t actually exist. We fear the unknown, how our family […]
Swagbucks Review – Make Money From Home?
If you’ve been searching for ways to make money online, you’ve probably come across Swagbucks. Here’s my experience and honest review of Swagbucks. With a cool sounding name and the website’s tagline promising to “put cash back in your wallet”, Swagbucks seems a money-making opportunity too good to pass on. To satisfy my curiosity and […]
My 5 Biggest Money Mistakes
I made plenty of money mistakes in my youth, and I also made some idiotic decisions in general. At one point, my life was a financial mess. I lived in my overdraft, carried credit card debt, had two car loans, and I was quickly racking up student loans. I was 20. In two years of officially […]
Hacking The Big 3 –Slash Your Housing, Travel and Food Costs
When I first got interested in personal finance, I stumbled across a blog called Early Retirement Extreme (ERE). The blogger behind the site, Jacob Lund Fisker, lives on just $7,000 a year! Extreme frugality allowed Jacob to retire at 30 after just five years of saving. Financial independence was something that really appealed to me, so I followed Jacob’s […]
The 7 Levels of Financial Independence
Achieving Financial Independence is often thought of as an either-or thing. You either have enough passive income to cover your living expenses or not. But financial independence (FI) isn’t so clear cut. There are “levels” of FI. You progress through the levels the more money you invest. Each level provides more freedom and economic stability. The stages aren’t […]
Can You Become A Millionaire in 10 Years?
I spent a lot of time fantasising about winning the lottery when I was younger. Daydreaming about how I’d spend the money and how my life would change was a frequent pastime. At 22, I decided to get real. Having just discovered the world of personal development, I had my think big hat on. Full of youthful […]