My pension problem: Understanding the UK State Pension

My pension problem: Understanding the UK State Pension

I’m trying to understand the origin, purpose, and future of the UK State Pension As part of my financial makeover, I need to understand what pensions are all about. The UK State Pension is likely to be the most important source of income for a lot of the population so I want to have a Read More

The Emergency Fund Debate: Reflections after 4 months without pay

The Emergency Fund Debate: Reflections after 4 months without pay

The age-old debate still rages on whether an emergency fund should be part of your financial planning   Now if you’ve spent any time at all in the world of online personal finance blogs you will have come across the concept of an emergency fund. The common mantra is that every family should have a Read More

Monthly Spend: Updated expenses projection now we're settled back in the UK.

Monthly Spend: Updated expenses projection now we’re settled back in the UK.

A note on the recent radio silence It’s been a while since I’ve made any comment on my spending and saving details. The main reason for this is that having moved back to the UK at the end of March, things have been up in the air, to say the least. We are now back Read More

You spent how much? - Learning not to judge the spending of others

You spent how much? – Learning not to judge the spending of others

When the spending habits of others make you sweat One thing I have noticed since my own Head Slap Moment is that I’m starting to get twitchy when I hear about other people’s spending patterns. The more I read about family financial planning and investments, the more I’m getting critical of the most common approaches to Read More

Dividend Income Report

ISA 2016-2017 dividend income report 

Looking back on my first whole year of owning shares and the dividend income received Part of my financial reconnaissance- my own head slap moment – has been to recognise the importance of not only reducing my spending but to save and invest the money instead. Keeping the individual pounds working for me is vital Read More

Free magazine subscriptions: Join your local library

Free magazine subscription: Join your local library

Use membership of your local library to access free magazine subscriptions on your tablet I am a huge fan of our library service. I have happy memories from childhood of checking out books and working my way round a pirate map in order to collect stickers when I reached 5, 10 or 20 books in Read More

Online SIPP Provider Comparison

Online SIPP Provider Comparison

A new tax year brings an opportunity to reassess your financial arrangements With the new tax year upon us, it is a good time to reassess your finances. Look at the financial products you hold, your net worth, your outgoings and commitments, and your income. Get a feel for where you are, reaffirm your goals Read More

The generosity of peers when it comes to preparing for a new baby

The generosity of peers when it comes to preparing for a new baby

The generosity of friends We went visiting some friends recently as a welcome home tour on our arrival back in the UK. Over some nice drinks, and some nicer food, the usual topics came up when speaking to a returning ex-pat – Are you feeling the cold? Are your families pleased to see you? What’s Read More

My pension problem: Understanding the UK State Pension

Second End of Year Net Worth

Where to begin? So, I had decided to get things in order financially. The first step was to do a rough calculation of my current net worth from which to compare to the amazing changes I was about to make.  This would be my first end of year net worth assessment. This table is a Read More

A new dawn - the financial saviour of the sensible car

A new dawn – the financial saviour of the sensible car

A new sensible car for a new way of doing things   We have now moved back to the UK and have spent the week getting the most important things done on our return. Addresses have been updated. New mobile phones have been organised (more on that later). Most importantly, we have bought our new Read More