If I Lost Everything

In response to Saving Ninja, here are some thoughts on if I lost everything Continue reading “If I Lost Everything”

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How to put out a FIRE? Use Liquidity

Recently our plans for FIRE took a slight turn for the worse.  It’s a reminder that paper profits can flatter your balance sheet but when the SHTF it’s all smoke and mirrors. The importance of liquidity is hard to ignore.

Anything which has a value which depends on the whims of individual buyers is a risk.  Think fine wines, classic cars, private shares, property, antiques, stamps.

You could have just invested in a FIRE extinguisher!

Continue reading “How to put out a FIRE? Use Liquidity”

Overdraft Sad Face: the embarrassment of riches

I read this article on the BBC which is all about the how spending money you don’t own is a recipe for disaster or to put it another way “Overdraft woes: ‘We were one bill away from disaster'”.  Since the general consensus in the UK is that you are not responsible for your own financial decisions, the nasty banks are making money out of hard working debt slaves families.

GFF sees this as a symptom of a much greater problem and one that deserves a bit of discussion

Continue reading “Overdraft Sad Face: the embarrassment of riches”

What the hell is “Black Friday” and why you should avoid it?

Despite it not having been around only a few years ago, “Black Friday” is everywhere I look online and my email has been bombed by countless emails – you can’t help but notice it and if the pundits are correct, we’ll collectively be getting into more debt than ever to buy stuff we don’t need for people we don’t like.

Continue reading “What the hell is “Black Friday” and why you should avoid it?”

If you don’t work, what would get you up in the morning?

In my 4 weeks off work, I began to realise that by having a “normal” 9-5 job, I was forcing myself to get up much earlier than I would naturally want to and go spend the best hours of the day in the office, before coming home exhausted and going to bed early to make the process the next day less miserable!

But for 4 weeks, I had the freedom to (more or less) wake up when I liked and to go to bed when I liked.  And it’s clear that I am a night owl!

My question is this: If you didn’t have to get up for work tomorrow, what would you do with the time? Continue reading “If you don’t work, what would get you up in the morning?”

Month End: October ’18 – assets and spending

What a difference a month makes!!!

Whilst I was enjoying family bliss away from the world, the world was going to pot!  Stock markets were crashing and all sorts of scares were about.  I didn’t pay much attention to it, although  I did see it as a buying opportunity.  But mostly my focus was on family – but since you wouldn’t put a price on your kids, I’ll leave them out of the equation.  So, here’s how the month went for us: Continue reading “Month End: October ’18 – assets and spending”