If you have been reading this blog for a while, you’ll know that I’m not a millionaire. In all honesty, I’m far from it, or I was until recently. As it stands today, my wife and I work full time with earning about £90,000 and Sarah, my wife, about £40,000 on a Gross Basis. We …
This year has been an excellent year for investing in the stock market. The FTSE 100 is up 9% this year, the S&P 500 is up 22%, and things are looking great. In all honesty, the last ten years have been pretty amazing for me. Last year I made 24%, the year before 17% and …
Whether you’re just starting your retirement planning, trying to support your growing family or at the end of your career and need an extra income to bolster your savings, side-jobs can be the differences between a happy and sad retirement. Throughout my life, I’ve always had a full-time job and a side-job that helps to …
I’m not a millionaire, I don’t have a huge salary, in fact I’ve never made more than £50K in year, and neither does my wife, she earns about £37K year. We’ve also got two kids, a dog, a mortgage, a car loan and have two decent holidays, as a family each year. We live well, …
Saving money comes down to one thing, spending less than you earn each month, If you earn £1,000 and spend £800, you’ll save £200 each month. This £200 that you save each month, could be the difference between retiring a millionaire, or not retiring at all. The below table shows what happens if you save …
Covid-19 has been a nightmare for everyone involved. It’s been two years of restrictions and uncertainty, but hopefully, it’s coming to an end. While slowly things are beginning to get back to normal and most importantly we can start travelling again. The problem is that many businesses are still closed, and while there are a …
Going to university in the UK is an expensive proposition these days and begs the question of whether it’s really worth it. In the UK today, it will likely cost you £9,250 per year in University fees, another £5,200 per year for accommodation and realistically the same again for food, books and some form of …
In my house, my wife looks after the children, and I look after the money, or this was the way until recently. Over the last few years, my wife has got more and more involved in how, and where we invest our money. In my experience, most women, don’t invest their savings. They usually spend …
If you’re in your 60’s and thinking about retirement, you’re probably like many people wondering how much your state pension is worth and when you’re going to receive it. The good news, if you have worked and paid your national insurance contributions for a minimum of 10 years, you’ll get something. The rest depends on …
I’ve always wanted to retire early, the thought of working into my late sixties fills me with fear. Not only do I have a selection of hobbies and bucket list things that I want to do, I also want the freedom to make my own choices. Today, I have to work as I don’t have …
Retirement is a topic that I think about daily. It’s not that I don’t enjoy working, I do, it’s that I want to have the freedom to choose when I work. Today, I’m tied to my job, I have to work, pay for life, my children, and my financial future. If I keep saving, investing, …
If you’re anything like me, your monthly food bill is a horrific experience and one that, with inflation, is only ever getting worse. Each month, families worldwide spend a large proportion of their monthly income on the weekly food bill, but does it have to be this way? What if I said to you that …
Retirement homes offer a perfect solution for couples or individuals who need to downsize but want to move into an established community. Some retirement homes offer great deals with many additional features like social spaces that can make retirement even more pleasant. Selling your large family house to free up cash is very common, but …
Many people begin to think about their retirement savings once they approach their 50’s. This is usually when the kids have gone, the mortgage is nearly paid, and you start thinking about getting out of the rat race. Personally, I have started my retirement planning much earlier, but I want to retire early. For many …
Something different this week, sleeping and more importantly, how to get to sleep. My problem is that I don’t sleep well and as a result, I’m always tired. Its become a problem recently and I have found it difficult to make decisions because I cannot remember things. My doctor suggested that I tried to get …