Financial Independence Retire Early UK
What is financial independence retire early all about? Also known as a 'lifestyle' or 'movement', the goal is simple - save 25x of your yearly expenses in a diversified investment portfolio to then withdraw 4% each year with very little risk of ever running out of money. Originally FIRE became a movement back in 1992 via the 'Your Money or Your Life' book written by Wicki Robin and Joe Dominguez, but since then becoming financially independent is an attractive option and growing trend for many in the UK.
In this blog I document my journey to becoming financially independent, focusing on increasing my savings rate whilst decreasing my expenses. The FIRE movement has psychologically assisted me in making better financial choices, re-wiring the need to 'keep up the Jones' or thinking twice about purchasing unnecessary products. I don't live a frugal lifestyle and look forward to escaping the rat race early and getting back that all important spare time and freedom.
I document life hacks that I've picked up along the way, money saving tips, frugal food, and general views on life and other ramblings.
Financial Independence Retire Early Blog
May 2020 – Financial Update
Howdy folks! Another month zooms on by. Own up, who has already said to themselves ‘how are we already half way through the year already?!’ (I certainly have!). The UK…
Continue readingReached £100,000 in Index Funds!
The title says it all really! Just a celebratory post to document that I’ve now hit just over £100,000 invested in Index Funds. To think, that back in late 2018,…
Continue readingApril 2020 – Financial Update
Hey everyone! I’m taking a slightly different stance on this months financial update. With all the events / dread that is surrounding the world regarding Coronavirus, I thought it might…
Continue readingWork is getting tough – Recession Looming? Small Business Pressure
A quick post to document an update in light of the coronavirus pandemic. Firstly, how is everyone coping? There’s been a lot of coverage on coronavirus making Brexit seem like…
Continue readingMarch 2020 – Financial Update – COVID-19
Hello everyone! So…. yah. I’m having trouble on where to start with everything. Shall we just jump straight in? Ok – Coronavirus. Eugh – how frustrating! I feel like we’re…
Continue readingFebruary 2020 – Financial Update
Howdy all! Well February sure did shoot on by? Blink and it was gone! Did anyone else feel the same? It’s been horrible here in the UK – rain rain…
Continue readingElectric Van Life – Loving It!
Put simply, i’m absolutely loving it! One of the best investments I’ve made for personal finances that delivers real impact both in psychological form and financial. I shall explain; Financial…
Continue readingJanuary 2020 – Financial Update
Howdy all! How’s everyone doing? We all made it to 2020! Here’s to another FIRE journey year for us all! I normally open up every blog post with the same…
Continue readingDecember 2019 – Financial Update
At time of writing this blog post, Christmas and New Years has whizzed on by! Back at work, writing this from my desk. Christmas was very good as per usual…
Continue reading2020 Goals – Financial Independence Retire Early
Happy new year to all you lovely readers! We didn’t do much for New Years Eve apart from playing some board games with friends and watching the fireworks on TV…
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