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? …

Read more

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 …

Read more

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 …

Read more

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 …

Read more

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 …

Read more

Pay Yourself First: The Secret To Saving?

The pay yourself first rule is often flaunted as the holy grail of saving money. Alongside “spend less than you earn” and “live within your means”, it’s a pillar of personal finance. But does it actually work? And how do you put it into practice? Let’s dig deeper into “the golden rule” to find out… What does Pay …

Read more

Using Furlough To Practice Being FIRE’d

One in 4 of us are currently on the furlough scheme, a scheme designed by the government to help keep the masses in employment and keep the economy going. Under the scheme, employees are paid 80% of their wage up to £2,500 a month to simply stay home and not work. Yes that’s right, £2,500 …

Read more

The Stock Market Crash Is Turbo Charging My FIRE Plans

The stock market is the only market where things go on sale and all the customers run out of the store…. This is crazy. But it is the truth. When it comes to the stock market, all rational thinking goes out of the windows. This is why private investors severely underperform. When it’s time to …

Read more

The Benefits of Financial Freedom (FIRE)

The Financial Freedom Retire Early (FIRE) movement seems to be slowly creeping into mainstream media. Just yesterday, there was an article in the Guardian regarding this. Whilst FIRE getting more mainstream attention is good, I don’t think the world is ready for this movement just as yet. To see what I mean, just go and …

Read more

FIRE MOVEMENT UK

Have you ever wanted to escape the rat race? To achieve financial independence, retire early and live life on your own terms? Well, it might be time for you to join the FIRE movement that is sweeping across the UK. What is the FIRE Movement? The FIRE movement is a group of personal finance enthusiasts …

Read more