The CashflowCop has put together an extensive and well-structured beginner’s guide to Financial Independence. It includes a calculator and also some thoughts that are interesting not only for newbies.
Ken from The Humble Penny explains what compound interest is and provides a free calculator.
Thought experiment by Cashflow Cop: what if his children were 14 or 16 years old and had their first part time job, would he ask them to pay a rent? Or if they were 18 simply kick them out of the family home? He eventually finds an intelligent solution that shows his love.
Lukas considers who is ultimately responsible for providing financial education to children.
Let’s talk about inflation with Mr TPS!
We hear a lot about the power of compounding and I think it’s good to have a nice in-depth-analysis from time to time about it. Have you heard about the rule of 72?
Michael from @FoxyMonkeyClub reminds us that time goes on but investing principles are here to stay.
The Details man at team Monevator explains how to set up tax efficient vehicles for kids. Read all about it @Monevator
Fight to FIRE explains what MiFID (II) is and why you should care about it.