This past month has been a blur of sleepless nights and puppy snuggles. I say on every Goals post that the last month went too quick, is it just an age thing? Have I go to the age now where this is just how quick times goes?? … [Read more...]
Baby Step 5 – Dave Ramsey Baby Steps UK Version
This can sometimes be a bit of a controversial baby step in the UK as people have varying opinions on if you should help children out or let them financially fend for themselves... Baby Step 5 (BS5) is to start saving for your child’s university or first house This is another one of the steps that differ quite a lot from how our American cousins deal with things. In the US … [Read more...]
Baby Step 4 – Dave Ramsey Baby Steps UK Version
A lot of people find the prospect of looking at pensions and retirement investing pretty daunting. It's something people (including myself) put off looking into because they are worried it'll be confusing but putting money towards your retirement is arguably one of the most important things you can do to ensure wealth when you are older, and the sooner you start the better off … [Read more...]
Baby Step 3b – Dave Ramsey Baby Steps UK Version
This is the Baby Step that I'm most excited for, our house situation is a little different to most other peoples but this is still going to be a super important step for us. Baby Step 3b (BS3b) is to save for a house deposit. According to Dave you should 'put at least 10–20% down on a 15-year fixed-rate mortgage that is no more than a quarter of your take-home pay'...that's … [Read more...]
Baby Step 1 – Dave Ramsey Baby Steps UK Version
So you've committed to not borrowing money again, have got a budget in place and are ready to start kicking debts bum right??...Well, not quite... Baby Step 1 (BS1) is to Save £1000 in Baby Emergency Fund (EF) This may seem counter-intuitive to a lot of people (Martin Lewis says to not have savings if you have debt but I beg to differ) but it really is a super important step. … [Read more...]
