Philosophy – Identify your “why”; Psychology – Reduce spending; Work Ethic – Increase income; and Finance – Grow wealth. These are the four pillars around which a new book on FIRE evolves. Route2FI has written an extensive book review.
Young FI Guy shares his thoughts on why you need a savings habit…and how to create one.
At the end of his apprenticeship, how has Fu Mon Chu’s 20 year old son progressed with his savings? The plan was to save 50% of his income, which will be the basis for his way to FI.
The Saving Ninja gives some invaluable tips on how to work in London without blowing your budget.
The Next Chapter runs some numbers on subscription boxes and comes to the conclusion that you’d be better off investing your hard-earned cash instead.
Many tips and links for newbies and if you are already into frugalism you can check if you can still optimize or find new ideas over at TuppennysFIREplace.
Mr W from What Life Could Be delivers another presentation on personal finance, this time to low-income parents. You can read all about it @whatlifecouldbe