Money management

I have never been great at money management. I think living in a city such as London, you are so stretched at all time, it is hard to motivate yourself to save. There is always something you can do, someone to meet up with, some dinner to go to. Living that lifestyle eats up money that could be saved, and critically, eats up your will to save. If each month, you are struggling to get through the last week (or sooner!), you need to reconsider how you are living. All these fun things you are doing are costing you money. … Continue reading Money management

January/February 2019 – financial situation

I want to track my progress publically for two reasons; one, tracking will allow me to see the progress I have made, and two, it will motivate me and hold me to account knowing I have told people what I am planning to do.  I know it’s February, but I wanted to start at the beginning of the year. Assets: Flat: £450,000 Pension 1: £94,000 Pension 2: £4,382 Investment: £1,800 ETF: £961.00 Savings: £8000 Debts: Mortage: £259,000 Professional studies loan: £7000 Bank loan: £8000 Car loan: £12000 As you may see, I am swimming in debt. It’s not big and … Continue reading January/February 2019 – financial situation

Why am I doing FIRE?

I am in my mid-thirties. I didn’t really think much about the future when I was in my twenties and I think my interest in FIRE is part of a realisation that life is rather short and there is a limited time to do what you want. Of course, I thought of the future, but it was perhaps a fantasy future which was what we were taught to aspire to, rather than the reality. I have led a fairly interesting life and have experienced things that the majority of people my age may not have (marriage, divorce, living overseas, loss … Continue reading Why am I doing FIRE?

Playing with FIRE

Introduction   Hi, and welcome to my blog, Playing with FIRE. I have been reading a lot about the FIRE movement since I came across it in September 2018, and I have started to dabble in the philosophy a bit. There are a great many resources out there, and many are extremely useful. The main thing about these resources is they are very US focused. As I live in London in the UK, I decided that it may be helpful to document my experiences with using FIRE in a UK context. There do not seem to be many blogs that … Continue reading Playing with FIRE