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”
I’ve just uncovered a mistake in my Expenses Spreadsheet. It tracks all of my Income, Outgoings, Assets, Liabilities and Transfers. I’ve been keeping it in some form for 17 years and if I spent as much time as I have working on it, learning the piano, I’d be a maestro! Continue reading “The Dangers of Double Counting”
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”
August is over now and the expenses have been tallied up.
Another expensive month as we are preparing for the arrival of the Little Lady – kid number two. Continue reading “Month End Accounts: Spending August 2018”
Are you a digital nomad – just pitched up your tent and ready to get the FIRE started? Continue reading “Digital Nomads – Fire-lite?”
Did you not know that the grass is 40 shades greener in Ireland? Continue reading “The Celtic Tiger eats its cubs”
What a fun weekend for the Family.
I think that part of working hard during the week is to make sure that the weekend is free to unwind, relax and spend time together as a family. Sure, work thoughts do creep into my head (but I wish they wouldn’t) but it’s very important to me that I leave work at work as much as possible.
Continue reading “Family Weekend: Crabs, berries and baby market”
July was an expensive month for the Gentleman’s Family Finances. A large credit card bill, an expensive wood burning stove bought and installed (costing over £2000 in total) and the usual high costs for childcare. Continue reading “Month End Accounts: Spending July 2018”
I just read that now older mortgage holders will be able to continually rent their home until around the time they move into an old folk’s home (or die). Accordingly, Leeds’ Building Society has new INTEREST ONLY mortgages offered to borrowers aged 55 to 80.
Well – when your house could have earned more money than you have in your lifetime, why should you not just MEW be increase in price and continue the luxurious of mortgage usury? Continue reading “Geriatric Interest Only Mortgages”
Link I read this yesterday and I was very surprised. Apparently, the LISA might be scrapped because the Treasury Committee says they are ‘complex and offer perverse incentives”. Continue reading “Lifetime ISAs – the best thing that shouldn’t exist”