With Brexit now on the horizon for both the UK and Europe is everyone prepared for either a no deal or some sort of deal?

One of the best ways to be prepared is to have a good emergency fund available such as explained in my earlier post Stage four to becoming debt free and setting up for financial success. It is still as important as ever to make sure that you have already carried out the first stages before getting to stage four but with the cloud of brexit on the horizon it may be time to build a big emergency fund and stop paying down your debt for a while. Obviously you still need to make minimum payments on your debt but it is a good idea to hoard your cash for now. read more

The Normal Persons money for housing

Rather than continue talking about debt I thought it would be a change to look at housing again and how much we should be spending on our housing. I have written quite a lot about debt and paying off debt but housing is one of those things that people wish to buy that will more than likely require the taking on of some debt. This is mainly due to it requiring several years to be able to pay for a house out right so it is more than likely that you will need to take on some debt in the form of a mortgage. But one of the most important things to consider when buying a house is your ability to afford the house payments. If you are struggling to save money when you are renting and your rent is not equivalent or more to the proposed mortgage payment then you will need to look at either saving more money or probably not looking at buying but continue to rent. read more

The Debt Poem

Debt Poem

The debt bubble burst many years ago,
The next bubble is growing,
Where is it going to go,
Will it keep inflating,
Till the bubble pops,
Or will we come to senses,
Will it come to a stop.

Bubbles in housing,
Bubbles in stocks,
Bubbles in bonds
Will it ever stop.

Let me know what you think in comments below. read more

The dreaded dentist

Went on one of my least favourite activities the other day for the six monthly check up and hygienist visit. It is one of the things I always dread due to an issue that was never resolved by previous dentists which has meant my teeth have suffered more than they should have. Previously I have been to both private and NHS dentists but have now settled for a private dentists. All the previous dentist do not spot that I am a teeth grinder during the night and overtime this has had a big effect on my teeth. read more