karl thompson – Medium

karl thompson

karl thompson

On 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, 2023

On Average Spending on Necessities and Early Retirement…

Nov 12, 2023

karl thompson

On 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, 2023

Family spending on recreation and culture UK 2022.

Nov 4, 2023

karl thompson

How 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, 2023

Financial buffers

Oct 25, 2023

karl thompson

Comparing 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, 2023

average food expenditure per household UK 2022

Oct 22, 2023

karl thompson

It’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, 2023

ordinary budget UK 2023

Oct 16, 2023

karl thompson

Giving 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, 2023

breakdown of expenditure for a car UK 2023

Oct 12, 2023

karl thompson

Pay off your mortgage over 15 years and save £200K!

Or on the irrationality of longer term mortgages

Oct 4, 2023

Table comparing total amount paid on mortgages, 15,25 and 35 year terms from 2023.

Oct 4, 2023

karl thompson

A statistical critique of the curiously ordinary life of the everyday worker-consumer

A frugal consumer (aged 35) can retire 10 years earlier than an average consumer based on the current median income!

Oct 1, 2023

Oct 1, 2023

karl thompson

Early Retirement Extreme by Jacob Lund Fisker: A SReview

A good starting point for anyone considering early retirement is Jacob Lund Fisker’s Early Retirement Extreme blog, I also thoroughly…

Sep 30, 2023

Early Retirement Extreme book cover

Sep 30, 2023

karl thompson

A 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, 2020

A review of my progress towards extreme early retirement (6 years in!)

Jul 10, 2020

karl thompson

karl thompson

Links to useful sociology info - focusing on research methods, families, education, crime and global development

Following

Help
Status
About
Careers
Press
Blog
Privacy
Terms
Text to speech
Teams