Category: Blog

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How to turbocharge your earnings power

Saving money is great. But to truly expedite your path to early retirement, you’ll need to turbocharge your earnings power as well. Earning and saving are two sides of the same coin – it’s stating the obvious, but the more you earn and the less you spend, the more you can save and invest –…
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Why I love investment trusts for early retirement

Investment trusts are often referred to as the City of London’s ‘best kept secret’. This is because they are often overlooked in favour of their open-ended (mutual fund) counterparts, despite the fact that they mostly have a superior performance track record. Their unique characteristics make them an ideal option for someone looking to reach financial…
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How much money do I need to retire?

Ask most people how much money they’d need to retire right now, and they’d probably say more than a million pounds. But in fact, the actual figure may be significantly lower – remember: running The Millionaire Marathon is about adopting the millionaire mindset, not spending lavishly on useless crap for the rest of your life.…
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Why most people don’t get rich

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” – Albert Einstein If you want to get rich, compound interest is probably the most important concept you need to get your head round. I’d say that most of my friends are in…
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How to give yourself a £12,500 payrise

If you own your own home, bringing in a lodger or two can be a great way to increase your income and turbo-charge your path to early retirement. I did this for a year or two and I was almost covering my mortgage with two lodgers. This means I was living in a house that…
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