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Blogger Profile


Simba

Blog Info

Name:
Compound Your Freedom
Category:
Early Retirement
Tags:
budgeting, frugality, investing, stocks, shares. ISA, saving, UK, minimalism, indexing
Start Year:
2017

Blogger Bio

Net worth:
$115,000.00
Location:
London, United Kingdom
Age:
30s
Race:
Unspecified
Gender:
Unspecified
Life stage:
Unspecified
Profession:
Engineer
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Latest Blog Posts

The real cost of car ownership is one of the trickiest expenses to determine. Unlike predictable expenses such as public transport, renting a place to live or food costs, it is impossible to accurately estimate the true cost of motoring. This can be a problem for financial independence planning because you need to be reasonably […] The post Going car free – The real cost of motoring appeared first on Compound ...
Posted: Nov 04 2018 @ 8:36 AM
There is no getting around it – electric vehicles are the future. Here I will detail how the latest version of BMW’s i3 is possibly the ideal car for the frugally minded or the financially independent in the near future. Main reasons for this are the minimal running costs due to the vehicle’s requirement for […] The post BMW i3 120Ah – Why it could be the best car for the ...
Posted: Oct 20 2018 @ 10:55 AM
“A fool and his money are easily parted”. This proverb is succinct advice about how to avoid losing money in general. Investment scams have been around for a long time and it is important to know how these can be avoided. The tips provided here are not by any means conclusive but are my take […] The post How to avoid investment scams – top tips appeared first on Compound Your ...
Posted: Sep 01 2018 @ 7:03 PM
Within ten years, Elon Musk could become the richest person in the world. This is due to a compensation plan which he has agreed with the electric car company, Tesla. Such an extraordinary achievement would not be be possible without two things: having a long term horizon when setting goals and thinking big. These factors […] The post Elon Musk: How the magic of thinking big can help you achieve financial ...
Posted: Jan 25 2018 @ 10:55 PM
If you own a car you will know that it will always require some servicing and maintenance. This has to be on a regular basis, otherwise problems can develop which would be very costly to resolve. These are the top tools for DIY work on your car. I have always taken my car to the […] The post Save cash by servicing and maintaining your car – essential tools appeared first ...
Posted: Jan 18 2018 @ 11:23 PM
It has been a happy new year for investors. Global stock markets have stormed into 2018 with a bang. Several “round figure” number milestones have been achieved during the first week of the year; the S&P 500 has passed 2,700 points for the first time and the Dow Jones has gone over the 25,000 mark. […] The post How to invest intelligently in a Bull market appeared first on Compound Your ...
Posted: Jan 05 2018 @ 4:57 PM
Back in February 2017 I decided to try out starting a side hustle. As I detailed in another post, it makes a lot of sense to have a two pronged approach to the art of building wealth. The two methods I favour are investing in the stock market (paper assets) and running a business. Coincidentally, […] The post Side hustle business update – Amazon FBA Part 2 appeared first on Compound ...
Posted: Dec 13 2017 @ 10:58 PM
This is a continuation of my post on reflections of my experiences and finances after a decade in the workplace. In the previous post I looked back at my first “proper” office job, the realities, how my lifestyle inflated and the impact of the great recession of 2008. Here I conclude the article and describe […] The post Ten years in the cubicle – a reflection. Part 2 appeared first on ...
Posted: Nov 25 2017 @ 5:31 PM
Time flies! It is now ten years since I landed my first “proper” job. I call this a proper job because this is how society views things; I worked mostly in a city centre office building and the hours were 08:30 to 4:45, so roughly a 9 to 5. As many are busy splashing out […] The post Ten years in the cubicle – a reflection. Part 1 appeared first on ...
Posted: Nov 25 2017 @ 5:30 PM
As another weekend has rolled along, I have, like many people have been tempted to hit the shops and fritter some hard earned cash on frivolous things. Fortunately, I have managed to apply some restraint and am spending my time doing more productive activities which may earn some income in future. It is important to […] The post How to use an Investment Policy Statement (IPS) to focus on your financial ...
Posted: Nov 12 2017 @ 9:33 PM

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