A reader story: from lots of bad debt to the way to FI.
Ken has some valuable advice for getting rid of your debt quicker even if you have a low income.
“Everybody needs a budget!”, “build up an emergency fund of 3 to 6 months of expenses”, “renting is better than buying a house” – these are just some of the opinions and advice you can read on personal finance blogs. But is the (finance) world all black and white, or are there shades of grey, exceptions to the rules or cases where it depends? The blog article that received the most interest last month here on FIREhub tries to debunk…
An introduction to Financial Independence and early retirement by the Monk. He gives one “fair warning: once you start reaching for FIRE there may be no going back.”
The Next Chapter on the benefits and drawbacks of social media in helping you reach your goals, with the debt free community as an example.
Ermine offers some advice about how to use debt and provides a cautionary tail about fintech company Klarna.
Read Roanne and Lawrence’s debt free journey: this is how they got rid of £371,000 in 2 years.
Bloggers on FIRE – Finanzglück In our Bloggers on FIRE series, we interview European FI bloggers to find out what makes them tick. Our aim is to build up a “who’s who” directory for the European FI blogging world. We hope you enjoy the series and discover some new blogs to follow. You can find a full list of our Bloggers on FIRE interviews here. Please briefly introduce yourself to FIREhub.eu readers Hi there, I am Nico. Born and raised…
The Cashflow Cop takes us on crime scenes and presents us compelling exhibits. Find out if you are guilty of a financial ‘crime’ by reading his excellent article.