Hi FI UK 🇬🇧

Long term investor striving for FI | 35 | UK | 7% FI | Matched betting was the catalyst that started my journey. Today's decisions define tomorrow.

[Hi FI UK 🇬🇧 @HiFIUK1]

The pandemic was a turning point for my finances.

I was lucky my job was safe, salary increased and costs went down.

But I was on a high wage and living pay check to pay check. I never want to be in a position where o rely on luck again.

This year I will reach my ISA limit

[Hi FI UK 🇬🇧 @HiFIUK1]

@FinPhilosopher @MycityHappyCity @DougTho03939089 I really hope this is not what you rejected them for.....

It's definitely an MBA

[Hi FI UK 🇬🇧 @HiFIUK1]

@ContrarianSaver 😯

I've booked 7 nights during the Olympics next year when prices are artificially inflated and paid "only" $400 per night.

[Hi FI UK 🇬🇧 @HiFIUK1]

@n00b_investor Read the comments everyone saying Red

maybe I could make more I'd I went back to 6 but $10m is more than I will ever need in my life, would let me do whatever I want and keep my amazing family.

[Hi FI UK 🇬🇧 @HiFIUK1]

This question is nothing about money - it's basically are you happy with life.

If I had to take one, I'd take the blue pill even if it cost me money. There's nothing I would do to risk not having my wife and son.

[non aesthetic things @PicturesFoIder]

Which pill are you taking?

[Hi FI UK 🇬🇧 @HiFIUK1]

@ContrarianSaver Through my job

[Hi FI UK 🇬🇧 @HiFIUK1]

@saveandinvestuk If you earn enough.....

That's why maximising income is so important

[Hi FI UK 🇬🇧 @HiFIUK1]

@ToastFpl @nicktparker Roundhay park run is great but the hill you have to do 3 times is a killer 🤣

[Hi FI UK 🇬🇧 @HiFIUK1]

@Moralist_metric @bigjeffd @PicturesFoIder 35% income tax
5% national insurance
for me last year

Theoretically split but all goes into the same general taxation pot. All needed to be paid to stay out of prison

This is before sales taxes, property taxes, etc

[Hi FI UK 🇬🇧 @HiFIUK1]

@robdix

[Hi FI UK 🇬🇧 @HiFIUK1]

@FI_imagineer @ContrarianSaver The taxes are very confusing for us foreigners visiting

I guess it means that national chains can advertise the same price everywhere, most countries don't have different sales taxes across the country

[Hi FI UK 🇬🇧 @HiFIUK1]

@ContrarianSaver In the UK any tips are on top of minimum wage

I think in the US they can be used to make up the minimum wage?

[Hi FI UK 🇬🇧 @HiFIUK1]

@Dollarlogic @ContrarianSaver I'd argue most retired people move more than most working people in many industries

[Hi FI UK 🇬🇧 @HiFIUK1]

@DaveHoran1 @realfrugalmogul 350

[Hi FI UK 🇬🇧 @HiFIUK1]

@AcdntlyRetired I work with a lot of people that have net worths from £5m to £50m that put in 60/70 hour weeks

Are over worked, stressed, don't see their families and burnt out.

I'll never make it to their level because I'll take my feet off the gas well before then

[Hi FI UK 🇬🇧 @HiFIUK1]

@AcdntlyRetired 🤣 it's hard to tell as it's much more evenly split than you would imagine

Those that make money their whole personality and their main objective never have enough

[Hi FI UK 🇬🇧 @HiFIUK1]

@AcdntlyRetired The ones saying they'd rather have the money and other variants of the same thinf

[Hi FI UK 🇬🇧 @HiFIUK1]

@n00b_investor Technically 1/12th of 5.12% and if spent evenly over the month 1/24th and if your spending on mortgage/investments etc is front loaded then less than 1/24th

[Hi FI UK 🇬🇧 @HiFIUK1]

@n00b_investor Varies between 26% to 30%

Helps that I have 8% match so 16% goes in my pension before I even have to think about anything.

After that I put 9% in on pay day and whatever I have left at the end of the month gets split between sinking funds (holiday etc) and investing