Needs and Wants

What do you Want or Need?

Our Wants & Needs are constantly doing battle for our attention, and more importantly our time. Spend too much time on our ‘Wants’ and our quality of life will actually start to decrease or we’ll start ploughing through too much money. Spend to much time on our ‘Needs’ and we start to get a bit resentful, life starts to feel… Read more »

Safe Withdrawal Rate Experiment – Month 16 – April 2016

April 2016 - Safe Withdrawal Rate Experiment - Comparison to alternative portfolio

I was away for most of April on holiday, hence the general lack of updates round ‘ere.  Let’s see how the ‘safe withdrawal rate’ experiment portfolio got on.     The standard recap We are now 16 months into my experiment, where Mr Z in Parallel Universe Number 1 pulled the trigger on early retirement.  This is a completely fictitious portfolio. It will hopefully give some… Read more »

April 2016 – NetWorth and savings rate update – Pain lingers

Savings Diary

Hey hey financial voyeurs, its monthly NetWorth and Savings rate update time.  A savings diary, you might say.  Dear Diary… April was pretty much spent at my actual wedding and then the following honeymoon, which was largely spent in San Francisco and Yosemite National Park.  Can I get a ‘Hell Yeah’ for Yosemite?  Spending a few days in a cabin in Yosemite… Read more »

An excursion

Just back from honeymoon travels and I’ve sent my electronic alter-ego on an excursion himself.  Can’t have him missing out.  Poor bugger. The 1500s over at 1500days.com were kind enough to let me answer some questions on their lovely site.  So, go on, be an absolute hero and check it out.  Show the 1500’s some love. Have a good Bank… Read more »

Why Should you Bother Saving

This will be the first in a mini series, the ‘Why?’ series.  The first is simply to try and answer the question “why should I save”?  Not “should I invest?”, “should I pay off my mortgage or save?”, “is it worth hedging my investments with options?” or anything else complicated and convoluted.  Let’s take it back the basics, people. Simply, why… Read more »

March 2016 – NetWorth and savings rate update – Here come the pain

NetWorth graph - March 2016

I set myself some goals at the start of the year, to entice myself towards the over-arching destination of Financial Independence.  Trying to aim for just a single goal, potentially a decade off, will have apparently painfully slow incremental progress.  Which will only be demotivating.  Our brains just aren’t wired to keep track of such distant things.  In the mean time,… Read more »

Withdrawal experiment – Month 15 – March 2016 – Keep on chugging!

I had to wrestle control back from The Queen, but I have it back. I got a bit over excited with this months update.  Let me explain.  I overamped and updated the numbers a day early, so everything is at 30th of March.  Please forgive me Things have felt like they have calmed down since January and the financial collapse… Read more »