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Month: December 2014

December 2014 Income/Expenses

December 2014 Income/Expenses

It’s the end of the month which means time for this month’s Income/Expenses! My company has a policy of paying salary before christmas so I have tried to do the calculations ignoring this early payment. This month has seen me neglect my online commitments slightly as I’ve been busy seeing family etc over the holiday season. Tomorrow is a new year and a new challenge to work towards that early retirement! Google Analytics tells me we had just over 3000…

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Calculating investment returns on everyday items

Calculating investment returns on everyday items

While recently discussing the costs and benefits of a company car scheme, Vawt from Early Retirement Ahead made an excellent point about having cruise control on the vehicle to help minimise the chance of receiving a speeding ticket. This effectively valued the addition of cruise control on the vehicle in the form of reducing future financial liability. While not a typical asset class; there are plenty of examples of businesses valuing investments which seek to limit or reduce future financial…

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Why is it easier to spend money we don’t have?

Why is it easier to spend money we don’t have?

It’s been an interesting week in the world of ERG. For the first time in my life I’ve been calculating how to spend money I don’t actually have. Typically when we think of people spending money they don’t have, we imagine those taking on debt or diverting funds away from other expenses in order to fund luxury and non-essential purchases. However in my situation it has been spending money which will potentially be owed to me in the future.. and…

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Being poor isnt having to wait for the sale to buy a new flat screen TV

Being poor isnt having to wait for the sale to buy a new flat screen TV

Last weekend on both sides of the great ocean pond we got a stark reminder of the lengths some people will go in order to grab themselves a perceived bargain. All the major news outlets and social media sites were filled with videos and images of desperate people pushing over each other to be the one of the lucky few who manage to grab a slightly reduced no-name TV.  The behaviour and complete lack of self dignity displayed by these…

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