Something a bit different – A Monday World Cup Maths Puzzle

If you didn’t know already there’s an obscure little sporting tournament in Russia which starts this month. It is, of course, the World Cup! If you’re a bit footy-mad like me, past World Cups bring back glorious memories. Particularly those from your childhood. An abiding memory of mine is of the 2006 World Cup which…

Mr YFG needs your advice and some other odds and ends

Hello loyal readers. I’ve got a favour to ask. I’m looking for a bit of advice on the content of the blog. In short, what types of posts do you enjoy reading the most? What content brings you to my blog? What contents keeps you reading? Some background on why I’m asking. I usually aim…

The Lifetime Allowance

When I started this blog I didn’t have a set target in mind about what I wanted to write. The result is that I’ve written about all sorts of subjects from why Mrs YFG and I don’t want kids through to the technicalities in Safe Withdrawal Rates. I enjoy writing about FI and various tangential…

Is private school worth it?

Right now students up and down the country are studying away and taking their final A-Level exams. Mrs YFG and I have carefully observed the mortal panic of colleagues and friends as their kids sit their exams. Good results and the fruits of all the schooling will have paid off. Bad results and it will be…

How to budget like a Wall Street banker

Budgeting can be the most important step in successful financial planning. But the way we’re told to budget is usually counter-productive. The reason most budgets fail is that they are doomed from the start. They don’t work. People think about a typical month. Massively underestimating what they actually spend. The way I like to think about…

Mrs YFG’s FI philosophy

Mrs YFG here. It’s been a mixed bag for me working towards FI. I have a few years left. I was brought up with the idea that you always saved one-third of your money. The rest you could spend as you pleased. I did this until about the age of 16. After working nearly a…

I’ve got a confession to make

I’ve got a confession to make… I didn’t really FIRE (Financial Independence, Retire Early). I didn’t quit my job because I thought I was Financially Independent. Nor because I wanted to retire. In fact, I wasn’t even sure I wanted to quit. It was Mrs YFG who talked me into it. Why I quit my…

Drawdown: Lamborghinis and holidays

In my previous post I set out five reasons why I think annuities don’t deserve the bad press they get. In that post I focused specifically on the positives that are often overlooked in assessing annuities. I was challenged, both here and at Monevator, on setting out a similar style argument for drawdown. I think…

Annuities: Is their bad press deserved?

In short: No. I had planned-out an article with reasons why I think annuities don’t deserve the bad press that they get. But, in a fantastic guest post over at Monevator, Mark Meldon, a South West UK-based IFA, makes a far more eloquent case than I could. So instead, I’m going to cheekily piggie-back off…