I started Project FIRE40 with an ambitious goal of going from unsecured (lifestyle) debt to financially independent in a rapid four years. It’s ambitious and I think realistically, I’ll miss by a year, perhaps two. Which will still be a…
Category: Aspiration
Five glorious mindsets to adopt in 2020
As we embrace the new year, it is an opportunity to re-frame our thinking and to challenge the hidden scripts we live by. Become “overly optimistic” – Mr Money Mustache is a pragmatist, I think I default to the same…
Mental Models for MMM’s Outrageous Optimism Argument
I am an old man and have known a great many troubles, but most of them never happened. Mark Twain As a naturally pragmatic person, I typically adopt Edward de Bono’s Black Thinking Hat, immediately spotting and highlighting the difficulties…
The Paradox of Freedom – We need Rules and Structure
We want freedom to do what we like. We rebel against rules and structure, herein lies the paradox. I see it regularly with one person businesses (such as dentists and electricians), freelancers and entrepreneurs, they chose this way of earning…
Time to Simplify your life? – Some practical ideas
I am compulsively productive. I always need to be doing or rather achieving something, I even have to schedule in unstructured decompression time. I have recently started what is potentially the most challenging role of my career and definitely the…
A new type of rich – Q&A with Matt Esof – Stuntman, Martial Arts Instructor and Tech Entrepreneur
“The New Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility.” – Tim Ferriss I am fascinated by people who take the Third Door option…
A new type of rich – Q&A with Claire Falconer – Sculptor, Entrepreneur, Writer
“The New Rich (NR) are those who abandon the deferred-life plan and create luxury lifestyles in the present using the currency of the New Rich: time and mobility.” – Tim Ferriss I am fascinated by people who take the Third Door option…
Project FIRE 40 – Calculating my Financial Independence number (and target Gateways to get there)
Calculating my magic number My number, that magical number that means I have enough to retire. The magic number itself is a myth, there is no specific number. There are too many future factors and variables to calculate a number…
Project FIRE 40 – 300 Spartan Rule and other ways to optimise your spending
In Project FIRE 40 – This the fourth step in my plan, optimising my spending with budgeting, Last year, a mate of mine said that it is impossible to save while living in London. He was probably earning £60k-£80k per year.…
Project FIRE 40 – Where does the money go? – How to easily get to a grip on your personal finances.
In Project FIRE 40 – This the third step in my plan, working out my Baseline – Knowing where I am now and tracking where my money goes. What get’s measured gets done. How many people could say what their net…