On the road to financial independence and beyond
When I started looking after my own money and began to invest things moved very slowly. There were no FIRE blogs, or even FIRE books that I was aware of. I didn’t know that FIRE meant financial independence retire early. My inclination was to save and invest as I began to earn money, but I…
On BBC’s Question Time TV programme, last week in Bolton, a man earning over £80,000 criticised Labour’s higher tax policy. He believed (wrongly) that earning over £80,000 didn’t put him in the top 5% of earners. That incorrect claim was swiftly rebutted. This led to a wider debate in the media. I was interested to…
One significant cost that households have that they can take action to reduce is electricity and gas utility costs. According to energy market regulator Ofgem, the average dual fuel variable tariff as of April 2019 was £104.50 per month, or £1,254 a year, but the cheapest tariff available was around £880 a year, or just…
Having a car can be a significant benefit to an individual or family but can represent significant costs being incurred. A car can be one of the top five household expenditures but it is one where we can have and make some choices. A car incurs an initial purchase cost, and an interest cost or…