My Journey Through the Crypto Rollercoaster: From FIRE to Regret and Back
Hey there, folks. It’s been a while, hasn’t it? You might be wondering what happened to FatFIRE Dad and whyContinue Reading
Author: fatFIRE Dad
City Finance Professional, Geek, Lazy Husband and Father of two from London - UK, making my way towards my FatFIRE number in the laziest way possible.
Bullish on Bricks
Although FIRE is very much about Stocks and Shares, Index ETFs, Global Diversification, Automation and Pound Cost Averaging. A lot of the FIRE media shies away from Property but I would say that we should embrace it. Let’s have a look at some of the key features of a Property Investment and compare Property and Stocks.
Happy New Year
Happy New Year to all! I hope that everyone has a healthy 2021.
FatFIRE Christmas Carol
It’s the season to be jolly! And its also the season to spend a lot of money and end up broke by January. Then spend some money on January Sales and end up in serious unrecoverable debt by February!
What to do with your Bonus?
Bonus season is upon us. Anxiety and anticipation is over. I have a figure to share. But what do I buy with it. Rolex? Jewellery? Holidays? Or should I be sensible and do the right thing. But its 2020! Don’t we all deserve a break from FIRE?
Blasphemy: I miss the office
If you asked me 4 years ago what I wanted to do when I retired, I would have said “nothing”. My priorities would have been chilling, travelling and spending as much time as possible with my young family. I had dreams of leaving work on my 41st birthday, clearing out my desk and handing in my ID card. Saying bye to the reception staff one last time and turning my back on Corporate Life in the City of London.
Did COVID-19 mess up your FIRE plans? It messed mine but we are grateful for a lot of things…
I have been tracking a FatFIRE age of 41 for the last 3-4 years! As far as I could tell, my models predicted that on my 41st birthday I would retire or be ready to retire. But a double Whammy of UK’s IR35 regulations and COVID-19 has thrown everything off course. But we have a lot to be grateful for.
Quick update: I hit £1m Net Worth but…
What does the definition of Net Worth cover especially when you are trying to hit FatFIRE and you have Property assets to correctly account? This is a quick update on where I am.
How to hit £1M net worth by the age of 40 and £2.5M by 50
Provocative title, I know, but I had to catch your eye some how! This is a short thought experiment on how much you need to invest on a regular basis to hit a net worth of £1M by 40 or £2M by 50. Includes free tools and links to help you get started and work out your own numbers.
Be business class frugal with a Luxury Budget
How to Budget while including Luxuries or Luxury alternatives. I’ll tell you how to grade your Luxury spending by Happiness and search for alternatives that give you the same buzz.