Investing, making and saving money, the impacts of money/lack of. Basically all things money related!
By way of an introduction, I’m a forty-something Yorkshireman, with a day job and a side hustle. Neither of which really achieves what I need them to do.
I wouldn’t say I’m a particularly frugal person, and I certainly hope not to be thought of as tight fisted.
I do believe in spending the least possible on boring stuff so we can spend on exciting stuff.
I save at least £1000 per year by switching utilities, phones, insurance and bank accounts, looking for deals, and using cashback wherever possible. That’s a far better hourly rate than I can achieve in any day job. And anyone can do it. Anybody with internet access can make and save money with a little effort and no risk. It amazes me that so many people prefer to plead poverty instead.
I have for some time been interested in personal finance, and have dabbled on and off with share dealing. I recently discovered the joys of podcasts, and found it was a great way to use my lengthy commute to learn more about the subject.
I’m also fascinated by the impact that money, and lack of, has on people. I’ve never been wealthy by UK standards, but I have had a net worth of -£££s, and not that long ago. I like to know ho to do things myself. When I had to leave a job due to a bullying manager, I did a Masters degree in employment law, so if I ever get in that situation again I’ll know more than them.
In this case I decided (better late than never!), to educate myself in the ways of the wealthy, to protect myself. I would encourage anyone to do the same.
We all make mistakes, it’s how we learn from them which counts.
I therefore decided to write it down as a way of summarising and clarifying my thoughts, and share them with anybody who may be interested. Some of the sources of information contradict each other. I believe that you need to take on board all the information you can, and make your own decisions.
I therefore decided to write it down as a way of summarising and clarifying my thoughts, and share them with anybody who may be interested.
My plan is to list and discuss the books I am reading, anything I pick up from podcasts, and anything else I stumble across. I’ll update the site as and when I find useful information.
In short, I will write about:
- Investing (stock market and other types)
- Property investing
- Earning money
- Saving money
- Managing money
- The effects of having/not having money
- Anything else money related which catches my eye.
I also aim to present it in a user-friendly way.
I would like to open this site up for others to document and discuss their journeys and financial histories.
I will be adding blog posts as and when anything occurs to me, and using that to add to the information available on the site.