Our Goal: £25,000 Passive Income Per Year
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When we decided on the goal to become financially free, it was obvious we'd have to make an important decision. Just how much money do we need?
Easy to Do, and Easy Not to Do
You can change your life by making small, seemingly insignificant decisions. Action or inaction. So, becoming financially free is both easy to do, and easy not to do.
Our Basic Strategy to Retire at 50
Our strategy for being financially independent and able to retire at 50 is very simple. We'll spend less on stuff we don't need and start to earn through investments rather than hours in the office.
From Now On, I’m Thinking Like a Rich Man
I recently read Robert Kiyosaki's Rich Dad Poor Dad. I should have read this when I was 20. If I had, and I'd got it, I'd now be rich, probably retired.
The Risk of Inaction
As we strive for financial independence we'll face risk. Every situation where a decision has to be made, has risk: risk if you do, and risk if you don't.
The Dream – Financial Freedom!
It's not a dream in itself of course. It's to do all the things one can do, when one is really free, financially free and in good enough health to do it.
The Fifty Grand Decision: Narrowboat or House
This is a story of head over heart, where a spreadsheet's guided our lives. Right or wrong, by thinking through this decision we've saved ourselves £50,000.
Financial Freedom – The Dream
Our dream: to be financially free by age 50. This blog will chart our successes and failures as we try to suss out this incomprehensible financial stuff.
Financial Education Blogs
So far personally I've not met anyone who's achieved financial independence. But I have virtually and their blogs are financially educational and inspiring.