About Me
I’ll try to keep this page brief with some bullet point info:
I’m a 32 years young web developer currently working for a major corporate FTSE 100 company in the UK.
How am different from the majority of people I have encountered so far in my life?
I am planning a route to early retirement in 5 years or less
I am slowly finding myself further opting out of consumerism and to a certain extent popular culture and ways of thinking in general. I can only see this becoming more and more pronounced as time goes on but we’ll see ;o)
I love the environmental message that generally goes hand in hand with being frugal by reducing consumption – this greatly helps facilitate a high savings rate and early retirement.
I would just like, at this point, to emphasize that I am not, in any way shape or form, some sort of Saint, or in any way special, and genuinely am not trying to paint myself in that way.
It would be very silly (and misleading) of me in making myself out to be some sort of all noble, holier than thou character: saving every single penny, eating only the healthiest of foods and with a carbon footprint of negative proportions. And I really hope you do not think that I think I am from any of my posts. I just want to share some of the best wisdom I’ve come across in my life so far, wisdom that I think is worth spreading, and advice that I happily admit I need to work at following.
So for full disclosure then, here is a completely non-exhaustive list of my vices, both past and present. As you can see I have a long way to go before I can call myself a badass:
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I gambled fairly heavily from the age of 18 to 31. I still have the occasional lapse on this front…!
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I like golf,
and am even a member of a golf clubalthough am no longer a member of a golf club. However this is something I have no intention of giving up, even into early retirement. This is my one “vice” I have decided to allow myself. -
Like most people, I enjoy a drink. Health wise and wallet wise this is obviously not good for you, so like most people this is something I do really need to cut down on!
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I have a 50” flat screen television, plus many other of the latest gadgets. Most of it bought new. What can I say, I got caught up in the “wahey let’s buy lots of stuff” phase that most of my 20 something mates were doing at that age.
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My house is full of clutter, books, DVDs and other crap. De-cluttering is something I really want to work on.
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I’m about to spend/have just spent over 10 grand on getting wed and a 3 week honeymoon. What the woman wants etc…! I’m obviously not pretending I won’t / haven’t enjoyed all of that though, it’s a once in lifetime experience of course!
So there you have it, I’m a pretty regular Joe on most accounts, with as many “faults” – or let’s say areas I can improve on – as the next person. Hopefully if there are any doubts on whether you – if you want to call yourself an average person – can try to follow the same path as I am trying to follow, these have now been disbanded.
If you want to find out anything else about me let me know in the comments below!
Keep on FIREing my friends!
Discussion (25) ¬
Good Christ! If you’re cutting back, don’t touch the drinks! There is plenty of other fat we can cut. Just kidding, of course.
Ha ha! There’s always brewing your own, no need to cut down too much ;O)
Hello there fellow UK blogger! I’d love to retire early too (a very distant dream though)! I look forward to reading the rest of your blog. Hope you had an amazing wedding and honeymoon!
Hey hey hey Hayley!
Thanks for your kind words! The wedding was fantastic and the Honeymoon is next Thursday, so I have to work out how to post some articles why I am away, that could be fun 🙂
You have already well and truly corrected your path having read a bit of your blog and that’s the main thing, once your debt is paid down I am sure you will continue and start amassing some retirement savings just as quickly. Cheers for stopping by.
Do you live in an expensive area in the UK? Retirement in 5 years is a mighty ambitious goal. Good luck with that…I will definitely be following your journey. I’ve been very interested in early retirement as well but I don’t earn a 6 figure income at the moment, have significant amount of student loans and I live in a very expensive area: NYC. I did however start saving at a young age and have always been frugal.
Hello Andrew!
I live just outside London, so a higher cost of living compared to the rest of the UK, but not the highest.
I think the best answer I can give you is actually summed up by your very own post here: http://www.livingrichcheaply.com/2013/10/30/is-nyc-really-that-expensive – it’s as expensive as you want to make it. We bought a two bedroom flat for about £130,000 for example, in London the minimum for the same would be around £300,000 but you can also buy one where we live for nearly £200,000 if you had more money and less sense than we do.
I would just like to clarify that my income is nowhere near 6 figures, nor is our total household income in fact (household maybe just scrapes it in terms of dollars).
This blog is for the small guys out there trying to chase the big early retirement dream 🙂
just found your website today. we are on similar paths though I am not a blogger & am a few years older than you.
one difference in our situation is that my wife & I have 2 kids…. so the forecasting of future costs is a lot more tricky…..
Welcome to the blog LCIL!
I hope you like the place, have a look around, and feel free to drop me a line on the contact form if you want to.
Hi TFS,
I was pointed to your site by a friend. You are in a similar position our family was in seven years ago (London, corporate jobs).
My wife and I had just got married and I had started reading ERE. We have now quit the rat race and are living on less in the south of France.
It really is possible to retire quickly as per your calculations so good luck with it all. I look forward to following your progress.
Hi Contender!
What an inspiring story to hear from someone who’s already done it!
I already checked out your blog… it looks great. Will have a proper look through it next week so you should probably expect some comments / questions coming your way soon. 🙂
All the best!
And oh yea the South of France… that sounds like the perfect life! Can’t wait to read all about it!
It is cheaper in the South of France than London and much easier to spend less (there is less of everything / shops close a lot)! It helps with the financial independence numbers greatly.
Housing in the UK very expensive and makes it more difficult (due to the interest payments) to be financially independent early. Especially if you go for too much house. But housing always goes up and is an investment…if the timing is right.
Compared this to the US where accommodation and taxes are generally lower (unless you live in the center of a city) it can take longer to reach FI goals in the UK unless you have a high income.
Fortunately London is great for income if you can get a good job. For us without jobs it is too expensive to live there and summer is usually hit or miss 😉
Zut alors! I can imagine it’s a bit cheaper down there!
I can also imagine the summers are a lot nicer and more consistent 🙂
TFS,
I just wanted to say hi to a fellow Brit! I’ve been following a lot of blogs from people in other countries and it’s nice to follow someone more local.
I’ve enjoyed reading through your blog so far, and I’m interested to see how you get on with your goal of retirement within 5 years. I think I’ll be trying out a few of the recipes you’ll posted. I like the enthusiasm too!
Anyways, all the best with your (don’t say journey)……goals (phew!) and I’ll be sure to check in on your progress.
Cheers
Huw
Ha ha… I hate saying Journey as well but often just fall into using it, it’s so easy! Must try harder!
Thanks for stopping in and taking the time to comment. I checked out your blog and I like it… great to hear someone in similar situations, it’s easier to relate and so on. I’ll be checking on your progress also!
Hello
Stumbled across your blog vie Monevator and having only read a few posts, have found it most interesting and refreshingly different!
I wish you the best of luck in your 5 year goal – I hope to follow some of your ideas to help me retire early!
Cheers!
Hello weenie, glad you are liking the blog so far!
Good luck with your plans, and feel free to share the blog links around if you have any like minded friends and family 🙂
Hello,
This blog is nice for a newbee to FIRE like me. I am looking for opportunities to learn. I did already find some here (like the savingsrate calculation).
One thing I have to credit you for is my recent increase of garden activity… With 2 kids I had always an excuse, but seeing someone posting on work done in the garden was the push I needed to take action myself.
Greetz!
Hi Amber Tree,
I noticed that you linked to my savings rate post the other day but didn’t get time to actually read what you’d written yet. Will check it out asap! In any case, I am glad you found it useful.
Great to hear you getting out in the garden. I have 10 minutes of computer time left then am off back out there myself, it’s such a lovely day and shame to waste it sitting inside… 🙂
Cheers!
Thank you for being upfront with your FIRE faults, so many people I think only admit things they are proud of.
Thanks OthalaFehu. Honesty is the best policy, I’m sure someone told me once! 🙂