Invoking the F.U. Clause

It’s been a bad week.

Every quarter the VP of the business holds an off-site management meeting and the sixteen or so leaders from various parts of Europe meet for a few days. I attend in my capacity as Finance Business Partner and as an introvert, the whole thing is my idea of hell. Continue reading “Invoking the F.U. Clause”

Financial Resilience – Being Bullet Proof

I have been thinking about financial resilience this week.

I spend a lot of time considering ways to earn more money, or ways of saving money by reducing my spending, but is there a chance of losing what I already have?

We can take insurance against major catastrophes. And so, heaven forbid should my house burn down or I’m involved in a car accident, I would not need to be concerned about money and could focus on dealing with the fallout instead. But life is full of twists and turns and whoever really knows what is around the next corner? What about those things we don’t always insure against or don’t even think about – am I in good enough shape to withstand any shocks to my finances? Would my early retirement plans be derailed if something major were to happen? What could those shocks even be? Continue reading “Financial Resilience – Being Bullet Proof”

Tax and the 4% Rule 

How should we consider tax when using the 4% rule for early retirement calculations?

I have a plan.

A financial road map, leading me from where I am now to where I want to be. It ignores get rich quick schemes and the latest crypto craze and takes the shortest route I know that will get me there in one piece. Continue reading “Tax and the 4% Rule “

Single Parent Seeking FIRE

I spend many hours a week with my head in financial independence blogs. (Maybe that’s why I’m single 😉 ). What often jumps out at me is how the majority of writers are part of a couple. That observation is not unusual – any single person will tell you that wherever you go, the rest of the world seems to be in couples. But more of us are choosing the single life (or having it forced upon us) than ever before.

This post is about my journey – what it’s been like for me being single and working towards financial independence.

(Spoiler alert – it feels good 😊) Continue reading “Single Parent Seeking FIRE”

Rethinking the FI Budget – What Do We Really Need to Include?

It may have taken its time to arrive, but the weather is finally Spring-like in the UK. Every morning, I take the dog for a walk around the the nearby lake before most of the city is awake. When the weather is good, it’s my favourite time of day. No people around except for the occasional other dog walker or early morning runner. No traffic noise. The sky this morning was a beautiful pale blue; sunlight sparkled on the water and the sight of my dog galloping through the shallows chasing her ball was an advert for pure joy.

This. Just this.

If life was as simple as this, who would need an escape? Continue reading “Rethinking the FI Budget – What Do We Really Need to Include?”

Show Me The Money – A.K.A. My Financial Plan

Early retirement is a big deal. For most people it is not going to happen by accident and needs to be based on a solid financial plan.

I’ve talked about how I got to this point in my journey here. What about moving forwards? Where is the money going to come from to live? What will I draw down from and when? What other income streams will be coming in and what back-up plans do I have? Continue reading “Show Me The Money – A.K.A. My Financial Plan”

Financial Independence 101

If you are new to Financial Independence, this post is for you. If you are not new but you’ve ever found yourself in the situation where you try to explain what you’re doing to family and friends and get the blank stare or the shrugged shoulders or the dismissive comment – this post is also for you.

Sometimes I feel as if I am living a double life. I take care of my boys, manage my career, meet with friends and family and yet all the while, it feels like I’m working on this life-changing thing that none of them know much about. Something that has the potential to change my life so radically for the better I want to share it with them all so they can do it too.

Those of us that have had the light-bulb moment know how crucial the message is but it can be hard to convey. So I wanted somewhere to send them that has everything they need to get started. This is my attempt to provide that hub. Continue reading “Financial Independence 101”