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...]
January 2019 Budget Report
January was the month we became DEBT FREE so all the numbers in this month budget report are a lot higher then they usually would be! I'll be honest and say I didn't really feel in control of our expenses in January, we had to wait and see if the puppies needed anything and what the tax bill was going to be, then stuff broke around the house or family meals were over twice … [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...]
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...]
