Ronnie

Chartered Accountant helping high-earning professionals master their money through intentional spending, investing and finding meaningul work. I’m on Substack👇

[Ronnie @RonnieCorpExit]

You may have heard the advice to avoid lifestyle creep at all costs. But if you do, you will
- Never enjoy the quality of life you worked for.
- Lose motivation in acquiring more income (you never allow yourself to enjoy it).
- Never know when you can start to enjoy your money.

[Ronnie @RonnieCorpExit]

Define your freedom number based on the lifestyle you want, but recognise that satisfaction and gratitude come with effort and intentionality rather than a specific number.

The human condition is to always want more (and that’s not a bad thing).

[Ronnie @RonnieCorpExit]

I often set myself the goal of spending more.

Here are some categories:
- Charity
- Family and friends
- Quality food
- Self development
- Things I cherish
- Quality shoes
- Convenience
The challenge then becomes earning more or re-allocation.

[Ronnie @RonnieCorpExit]

@Nicolascole77 https://t.co/KBucRBm4oD

[Ronnie @RonnieCorpExit]

In time for spooky season, here are some frightening investing mistakes people make when investing in the UK!

[Ronnie @RonnieCorpExit]

In time for spooky season, here are some frightening investing mistakes people make when investing in the UK!

[Ronnie @RonnieCorpExit]

@Gab_Maillet I hope you find some of them useful!

[Ronnie @RonnieCorpExit]

3 uncommon spending myths to avoid:

[Ronnie @RonnieCorpExit]

@Gab_Maillet I love this. I do the same. My donations are automated transfers at the start of the month, so I have to make other choices if I need to but my donations stay the same. It’s a good priority to have.

[Ronnie @RonnieCorpExit]

Generosity is an under-appreciated spending category.

[Ronnie @RonnieCorpExit]

@Gab_Maillet Love the concept of ABG! :)

[Ronnie @RonnieCorpExit]

@theronzco Thanks Ronz!

[Ronnie @RonnieCorpExit]

@theronzco Build your own thing and you never have to be employable again 😋

[Ronnie @RonnieCorpExit]

You are not automatically unemployable just because you took a few months off work.

[Ronnie @RonnieCorpExit]

@Gab_Maillet I love the idea that feeling unworthy will lead to worse results in life! It really is a vicious cycle.

[Ronnie @RonnieCorpExit]

3 mistakes I made on my FIRE journey.
1. Was overly frugal and miserable as a result.
2. Focused on running from a bad job rather than towards a better life.
3. Focused on cost-cutting instead of income acquisition.
Run your numbers and adjust your strategy.

[Ronnie @RonnieCorpExit]

Dare to become the person your younger self would aspire to become.

[Ronnie @RonnieCorpExit]

@Gab_Maillet “Fun” money and “guilt-free” spending is the term given for the money you can spend on whatever you want without a budget. People tend to attack this category first when trying to save, but I think it’s an essential part of a sane and sustainable financial plan. :)

[Ronnie @RonnieCorpExit]

3 uncommon spending myths to avoid
• Assuming lifestyle creep must be avoided at all costs
• Assuming you know how to spend without practising
• Thinking fun money is a non-essential spending category
Unconscious spending falls away when you practise spending on what you love.

[Ronnie @RonnieCorpExit]

@Gab_Maillet Lifestyle creep is the idea that your spending gradually increases as your income rises and you get used to the new luxuries as your new baseline. The common personal finance advice is to avoid this at all costs and save the money instead - but I say a little luxury is the point!