I’ve always believed in the notion of going through life in the correct way. However ambiguous it may seem, when it comes to personal finance and FIRE in particular, there’s definitely a way in which it should be executed in order to maximise efficiency. Don’t Swim Against the Current Each adventure through life should, of course, start with amassing enough of a nest egg as early as possible, in order for it to compound for longer. Saving money should be of the utmost import to the graduate because as the years go by, saving will become harder. Not just because their expenses will increase with the burden of children and lifestyle inflation, but because they won’t be riding inside the tailwind of compound interest. ...

Welcome to Thought Experiment #8. At the beginning of each second month, a thought experiment question will be tweeted under the hashtag #ThoughtExperiment and everyone is invited to participate with their own posts, these will then go live together on the 15th of the next month (you can still join in after this date). Below is the question asked for this Thought Experiment. Thanks to Sonia from Money For The Modern Girl for the awesome question. ...

This is a Saving Ninja savings report. Go to How To Track Your Savings to check out the Saving Ninja Super Spreadsheet. Please note that I split my expenses equally with my partner and the savings rate, house equity and house value represent my share only. The spreadsheet calculates my savings rate based off £12,000 worth of expenses per year, even though my expenses are actually Less Than 10k Per Year . This is to create a buffer; I’m aiming for at least 12k to reach financial independence. ...

First-class flights on British Airways are pretty special. Not only do you get access to a luxury chair that can convert into a fully flat bed and is lined with the same Italian leather that they use in Maseratis, but you also get to sample some of the most exquisite wine and food in the world. A first-class ticket grants you access to the renowned Concorde Lounge where you can fill up on unlimited bottles of £200 Champagne, get a massage, or even take a shower. ...

This is a Saving Ninja savings report. Go to How To Track Your Savings to check out the Saving Ninja Super Spreadsheet. Please note that I split my expenses equally with my partner and the savings rate, house equity and house value represent my share only. The spreadsheet calculates my savings rate based off £12,000 worth of expenses per year, even though my expenses are actually Less Than 10k Per Year . This is to create a buffer; I’m aiming for at least 12k to reach financial independence. ...