Divnomics: Since the start of this year, I’ve started to track our progress differently. Instead of a hard FI target in terms of a big pile of money, we focus on cash flow only. Tracking our net worth every month, wouldn’t give the right insight into how much we need until we reach Financial Independence.
A very interesting post from Foxy Monkey about how to assess a property environment. Interest rates, average house price to wages, and metrics like the above apply across cities and why not, countries.This means that you can look abroad if the current environment doesn’t suit you, although there are good opportunities if you look north of London right now. What is your take? Are you buying, selling or still thinking about it?
Mrs Smelling Freedom is making progress on her journey to financial freedom! Her current renovation project is moving smoothly and estate agents have started calling….