karl thompsonOn Average Spending on Necessities and Early Retirement…According to the ONS’ Family Spending Survey the average-consumer spends a total of £365.85 a month on necessities.Nov 12, 2023Nov 12, 2023
karl thompsonOn Frivolous Spending and Delaying Retirement…The average-consumer spends an astronomical £3126.63 a year on what I call consumer frivolities per year. This completely unnecessary…Nov 4, 2023Nov 4, 2023
karl thompsonHow far do you think ahead financially…?It’s been a very long time since I lived hand to mouth, although even when I did back in my student and dole days I don’t think I ever…Oct 25, 2023Oct 25, 2023
karl thompsonComparing average food expenditure to my own!According to NimbleFins the average person spends £180 on household food items per year with ‘sausages etc.’ ranking as the top item the…Oct 22, 2023Oct 22, 2023
karl thompsonIt’s not possible to live on the minimum wage in the UK…!So why don’t we raise the lower income tax threshold…?Oct 16, 2023Oct 16, 2023
karl thompsonGiving up the car could help you retire a few years earlier!Giving up the car is the single most impactful thing after reducing housing costs that an individual can do to bring forward early…Oct 12, 2023Oct 12, 2023
karl thompsonPay off your mortgage over 15 years and save £200K!Or on the irrationality of longer term mortgagesOct 4, 2023Oct 4, 2023
karl thompsonA statistical critique of the curiously ordinary life of the everyday worker-consumerA frugal consumer (aged 35) can retire 10 years earlier than an average consumer based on the current median income!Oct 1, 2023Oct 1, 2023
karl thompsonEarly Retirement Extreme by Jacob Lund Fisker: A SReviewA good starting point for anyone considering early retirement is Jacob Lund Fisker’s Early Retirement Extreme blog, I also thoroughly…Sep 30, 2023Sep 30, 2023
karl thompsonA review of my progress towards extreme early retirement (6 years in!)Back in 2014, I was working full-time as a teacher in a sixth form college in Surrey. I’d had enough by that point, and I spent that…Jul 10, 2020Jul 10, 2020