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
August 2019 – Financial Update
Guess what! It’s been another busy month – even more busier than the last! (Prepare for next month to be even busier!) I’ve barely been able to contribute anything to…
Continue readingRecession! Social Media is Imploding in on Itself
I’m sure everyone has heard from the media that a global recession is looming? With Brexit and our latest Prime Minister causing turbulent times in the UK, it may not…
Continue readingJuly 2019 – Financial Update
July has been a busy month for us with lots going on. Pleased to report that the business side of things is moving from strength to strength, albeit a new…
Continue readingMaxed Out 2019/2020 ISA Celebration!
Hoorah! A mini celebration to be held here on the basis that I’ve managed to max out the ISA limit this year! It’s a real personal achievement for me and…
Continue readingJune 2019 – Quick Financial Update (Month 12)
Can you believe it has been now ‘unofficially’ 1 year since I started to knuckle down and blowing money on material items that didn’t really bring any long-term happiness? You…
Continue readingLife Update: Vegetable Harvest – Potato Bag 1#
Howdy all! If you didn’t know already, I do like to get out in the garden as it helps to escape the dread of staring at a screen all day…
Continue readingJust a Thought: Have you ever had a set back towards FIRE?
I saw an interesting Reddit post the other day on the Financial Independence Retire Early thread that I read from time to time. I do quite like Reddit for obtaining…
Continue readingMay 2019 – Financial Update
Howdy folks! A little later than expected on May 2019 financial update. Work has been keeping me busy along with various activities, weekends away in the caravan and other bits…
Continue readingWhat would you be doing if you didn’t know about FIRE?
My S&S ISA account has been open for almost one year – since the beginning of 2019, I have ramped by savings up to over 50% month and month and…
Continue readingAmazon Affiliate Store Update – May 2019
It’s been just a little over a 2.5 months since we began this journey and we’re starting to see some good traction with the Cement Shop! For any new readers,…
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