We are in the process of changing cars and this, so far, has involved me buying a 12 year old car. Normally we have bought cars which are 3 years old, in other words when most of their depreciation has already taken place and yet there is still plenty of life left in the car. Continue reading “Buying a 12 year old car”
Category: personal finance
Remembering when we paid off our mortgage
Being debt free is a nice feeling. I found myself remembering when we paid off our mortgage and the huge weight which had been lifted from us. We only had a mortgage for about eight years and I hope I’ll never forget the immense joy and relief when we paid it off. Continue reading “Remembering when we paid off our mortgage”
5 lessons in 5 months of retirement
Here we are in January 2019 and I’ve been retired for five months. Time to reflect, take stock and consider 5 lessons from 5 months of retirement. Continue reading “5 lessons in 5 months of retirement”
Second ride in 2019 – looking ahead
Today I had my second ride in 2019 – looking ahead. I think I’d better explain the title before I ramble on too far. When I run and, to a certain extent cycle, I often get some really good ideas. So one of the effects of exercise is to get my brain working a little more. Continue reading “Second ride in 2019 – looking ahead”
Financial Advisors called requesting a meeting
Over time we have had quite a few conversations with our Independent Financial Advisors about how we are funding my retirement. We had been pretty sure where we were heading, then our Financial Advisors called requesting a meeting with the suggestion the previous advice was changing! Continue reading “Financial Advisors called requesting a meeting”
The 10 10 80 approach to money
In our own personal finance over the years, we have followed a sort of 10 10 80 approach to money. We found this worked well for us; only now do we discover how this is a method used more widely by others. Let me stress I am not advising anyone to follow this, although it might possibly be worth considering. Continue reading “The 10 10 80 approach to money”
Winning the Lottery is good, or not so good?
Plenty of folk have wondered whether winning the Lottery is good, or not so good. I too have wondered about this over the years as there are strong arguments on both sides. Continue reading “Winning the Lottery is good, or not so good?”