Author Archives: The Escape Artist

Who Saves Wins

I sometimes think that saving has a PR problem. Saving is often seen as a defensive move, something that’s a bit boring or something that you do when you are in fear (e.g. of losing your job). But saving is the foundation of your financial security. When you have a secure financial base, you can […]

What doesn’t kill you makes you stronger

There’s nothing like an early taste of poverty for instilling a lifelong appreciation of money and financial freedom. My parents stretched themselves with a big mortgage to get up the housing ladder in 1981, just before interest rates went to 17%. Ouch! As a result, holidays and newspapers got cancelled and belts had to be […]

It’s good to talk

Isn’t it weird how people steer clear of talking about money even though money is so important in our lives? One of the reasons I started writing this blog was to encourage more openness around the subject of money, traditionally a taboo subject in conversations in polite society in the UK. Why the taboo? Well, […]

Back from the brink of financial oblivion

I heard a story last week that’s too good not to share. I was on Zoom talking to a subscriber to The Escape Manual. He told me how he’d pulled off a massive 180 degree turnaround: going from debt disaster to responsible role model and provider for his children. So I asked James (names changed for obvious reasons) if he would […]

When you want to help people, you tell them the truth

I sometimes think I should teach a course on how to create a popular blog that goes viral and conquers the world. I would offer The Escape Artist as an example of how not to do it. That’s because The Escape Artist blog remains obscure …let’s be generous…mostly undiscovered. In terms of changing the world, […]

What have we learned in 2020?

Reflecting back on investment / money / life lessons learned so far in 2020 in this interview with Andy Hart on The Maven Money podcast.

How to spot a conflict of interests (Part 2)

In Part One we explored why you should never ask a barber if you need a haircut and why you should never rely on instructions from Proctor & Gamble for how much of their washing liquid you should be using. Today in Part Two we are going to look a bit closer at conflicts of […]

How to spot a conflict of interests (Part 1)

This post was first published in 2016 and updated in August 2020 Years ago, I was putting some clothes into the washing machine. I wondered: how much liquid washing powder I should put in? So I looked at the instructions on the bottle which told me to put in 2 capfuls per load. I was […]

Price is what you pay, value is what you get

Imagine that Bill and Ted have gone trekking in a remote corner of the Death Valley National Park in the USA. They’ve been backwoods camping and were carrying all their own food, tents and equipment. Unfortunately some coyotes stole all their stuff a couple of days ago and its taken 2 days to walk back […]

How to get money to stick to your fingers

When I was young and in my first proper job, one of the senior people described a new client that he was excited to be working with. He explained the reason by saying: “they’re the sort of person for who money just sticks to their fingers”. Being an inexperienced idiot, I didn’t know what he […]