Are you a customer of Hargreaves Lansdown? Happy with their customer service and glad that they save you big on Funds & Trusts? But now angry that you didn’t money out of Golden Boy Woodford?
“April come she will” sang Simon and Garfunkel and now it’s gone. The tax year is over and time for another month-end accounts update and things are looking better. Headlines are that spending is down, assets are up and tax has been sorted.
Following on from part 1, no how with an old final-salary pension I’m now a millionaire but don’t live the millionaire lifestyle. Continue reading “I’m a Millionaire (but don’t look it) part 2”
I’ve just had a very rough quote for a transfer out of my defined benefit final salary pension and if I were to accept it, we’d be pushed into the ranks of millionaires!
The thing is that I just don’t look like a millionaire, spend like a millionaire and I definitely don’t look like a millionaire. So what’s that all about then?
For many, FIRE is a bit of a strange concept- a theoretical crossing of one line (passive income) and another (living expenses) and then you just “retire early” – well, I have a case study to follow and that is my Dad’s.
Q1 is been and gone. GFF is looking firmly footed and things are falling into place.
“You’ve got to know when to hold’em, know when you fold’em” sang Kenny Rogers. Well, I’m thinking along those lines right now – what’s best for us and our future. But how do you construct a FIRE proof portfolio?
Having a family can be a struggle – it means changes to all aspects of your life, and if you are like me then you realise that you just don’t have enough time to get everything done.
When it comes to family finances, it’s no different.
But with a little fore thought and planning you can make big gains. Here are 6 family friendly ideas that combined can save you thousands in tax. Continue reading “6 Family Friendly tax reduction ideas”