March FIRE Update – +26% YoY £130,380.67 (+£9,381.51)
Well, when they said the first 100k is the hardest, they really meant it. Since February, I've added £9,381.51 to my net worth. This is roughly 26% to my FIRE target. This year it has been tough to make headway...
Should You Pay Off Your Student Loans? UK
Student loans are a hotly debated topic, with many people wondering whether it's best to pay them off as quickly as possible or keep them for as long as possible. In this article, we'll break down some factors to consider...
3 Reasons You Shouldn’t Pay Back Your Student Loans Early (UK)
In the UK, the average student loan debt is £45,800. While this may seem like a staggering amount, the reality is that many graduates need not worry about paying it off. This blog post will explore why paying off your...
How Graham Stephan Lives for Free (House Hacking – Los Angeles)
House hacking is a real estate investment strategy that involves buying a multi-family property and renting out the other units to cover your housing expenses. It's an effective way to reduce housing costs, and for some, it could mean living...
Who is Mohela? The Financial Services company threatening Biden’s student loan forgiveness plan.
The Missouri Higher Education Loan Authority (MOHELA), an obscure financial services company based just outside of St. Louis, has emerged as a central player in the legal battle over President Joe Biden's multibillion-dollar student debt relief plan. Six Republican-led states,...
SIPP vs Lifetime ISA – Where Should I Put My Money?
When it comes to deciding between a pension and a Lifetime ISA, there are several factors you should consider. To make an informed decision, you need to understand the differences between these two options as well as your financial goals...
Does Salary Sacrifice Reduce Student Loan? With Video Explanation.
In recent years, salary sacrifice schemes have become increasingly popular among UK employees as a means of reducing their tax liabilities and increasing their take-home pay. One question that often arises is whether participating in a salary sacrifice scheme can...
January 2023 FIRE Update – £125,093 / 25.02%
As of January, my net worth sits at £125,092. This includes my house equity of £108,579, other investments (including my pension) of £19,375, and household debt of £7,554. While I'm pleased to see my net worth increasing, I must acknowledge...
How to Live for Free in the UK?
If you have been following the blog for a while you will know my most popular blog has been around house hacking in the UK. The idea that you can live for free by renting out your spare room is...