I’ve been using ‘pots’ for years now to earmark funds for specific purposes. I started off simple, just the one or two pots. My oldest pot is ‘monthly spends’ a slush fund for discretionary expenses; booze, cinema, trips out… all that good stuff. My pots are usually virtual rather than physical; current, savings accounts etc.Continue reading “The power of the pot”
Author Archives: The Squirreler
MCR FIRE Meet up February 2020
First MCR FIRE Meet up of the new decade! 21st February 2020 from 6pm, informal presentations from 7.15pm. ‘The Salutation’ was a hit in November so we are heading back. Something a little different this meet up – as well as the usual informal evening with the opportunity to meet like minded FIRE chasers, itContinue reading “MCR FIRE Meet up February 2020”
2019 Year in Review / 2020 Goals
Have really enjoyed other blogger’s year in reviews and goal setting for 2020, am a bit late to this party and have changed my mind on goals for 2020, slimming them down and trying to be more focused. Here goes! 2019 was a good year financially, with significant, for me at least, improvements to myContinue reading “2019 Year in Review / 2020 Goals”
December 2019 Net Worth Update
A great month to finish the year, a significant increase in this month, however a good bit of this was due an accounting error, an omission of a cash account. It also included as last month another £1,000 of my cash used for home improvements. This month’s net worth, 2.6% £3,033 Actions from last month ReduceContinue reading “December 2019 Net Worth Update”
MCR FIRE meet up #3 29th November 2019
MCR FIRE meet up #3 Venue = 10/10 – a lovely relaxed venue – food and real ales available Atmosphere and conversation = 10/10 Fire fans = 10, 6 fans from September meet up Pints of cider = 2 A great night on Friday 29/11 at the Salutation Pub for the 3rd MCR FIRE MeetContinue reading “MCR FIRE meet up #3 29th November 2019”
November 2019 Net Worth Update
At last a month where net worth is worth reporting! And I had to use £1,000 of my cash for home improvements. This month’s net worth, 0.72% £1,082 Actions from last month Get someone in to do a high level quote on converting our cellar into a small apartment, then done a ROI / factor intoContinue reading “November 2019 Net Worth Update”
The Light Bulb Moment
Knowing the path is different from walking the path Knowing other people are planning on retiring early or have done so is different from knowing you can do it. There is a process of awareness raising, understanding the concept, internalising it, having a mental shift and then thinking that’s me that is, I can andContinue reading “The Light Bulb Moment”
October 2019 Net Worth Update
Another lame month for net worth increase despite keeping up my 38% of gros income savings rate. We just have to keep reminding ourselves that we are in it for the long haul. this month my net worth increase is… basically 0! £62 Actions from last month Investigate the DC part of my pension and doContinue reading “October 2019 Net Worth Update”
Top 5 important truths I have to unlearn
I love Maven Money podcast though I know Andy Hart, the presenter can be a bit Marmite. I have been inspired by episode 123 ‘Top 10 Important Truths We Have Had To Unlearn with John Ndege‘. It has made me reflect and write about the received wisdom or unchallenged assumptions I have taken as ‘truths’Continue reading “Top 5 important truths I have to unlearn”
MCR FIRE Meet up November 2019 – change of venue
Let’s keep our momentum going and meet up again 29th November 2019 from 6pm to late. Change of venue from ‘The Bank’ to ‘The Salutation’, 12 Higher Chatham Street, Manchester, M15 6ED, just 10 mins walk from Oxford Road Station. All welcome at whatever stage in the journey!
