*This post is written in collaboration with Ratesetter We are getting to a stage in our financial 'journey' where we are considering our options for investing. The idea of investing can sound complicated and daunting but I'll let you in on a secret...it's not really that bad once you get your head around it! … [Read more...]
Debt Snowball App – Tools to help you in Baby Step 2
When it comes to paying off debt the Debt Snowball method is by far my favourite way to do so, in fact research actually shows its the best way to tackle debt too! The Debt Snowball is a debt reduction strategy where you pay off your debts smallest to largest (regardless of the interest rate), this may seem a bit counter-intuitive to some people but it’s about changing your … [Read more...]
Whats is a Side Hustle?
If you're part of the Debt Free Community on social media then you've probably heard people talk about Side Hustles. People are always sharing success stories about how well their side hustle is doing and how much they are earning from them but maybe you're not quite sure what a side hustle actually is. … [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 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...]
