Inflation will affect the price of absolutely anything that we buy, from dishwashers to doormats. If anyone can recall the price of petrol just 10 years ago, then you’ll be aware that it was 104p (pence) per litre on average across the U.K. Today that figure stands at 121.11p. That’s a rise of 16.45% in … Continue reading Inflation & erosion
With mortgage interest rates so low, some argue that there’s no point in paying off your mortgage early. Others argue that paying off debt is always a good idea and having less debt will always be a good thing. Here I examine both options, and aim to provide some clarity on the subject so that … Continue reading Should you pay off your mortgage, or invest?
I’ll start this post with the end thought in mind. If there’s anything that you take away from this post, then please let it be this: Your saving rate is the single most important aspect of achieving early retirement. In other words, the amount of money which you put into your retirement plan is far … Continue reading Saving rate