Tag Archives: Early retirement

Once you’ve done one “impossible” thing, you start to wonder what else might be possible

I often do financial coaching with young(ish) professionals (lawyers / accountants / bankers / techies / doctors etc) who are trying to make the leap to partner / MD / board level. One of my suggestions to them may seem irritatingly vague and hand-wavy at first glance… …but please bear with me because there’s more […]

You are either spiralling up or you are spiralling down

You are probably familiar with the J curve of exponential growth by now. You hopefully already know the story of Kate who turns £15,000 into just over £1 million…without saving another penny after the age of 25. True, inflation means that a million pounds isn’t worth as much as it used to be.  But still…not too shabby. You can check […]

Your % savings rate is the most important number

Originally published 2020, updated July 2021 I sometimes think that saving has a PR problem. Saving is often seen as 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 […]

Baby steps for future millionaires (part 1)

A journey of a thousand miles starts with a first step. For those that are new to the concept of financial independence, here are 10 baby steps on The Path to becoming a millionaire. Re-programming our habits eventually creates incredible results. The magic is in the aggregation of marginal gains. 1. Go one day without spending […]

An interview with The Man

Some weeks I write a new article that I just can’t wait to share with you. This is not one of those weeks. The Escape Artist is on holiday (from what exactly? you may well ask) and has written nothing.  But that doesn’t matter because here at The Escape Artist I share the best insights […]

Cloud storage for your possessions

Imagine you want to watch a film. The cheapest way is to wait for the film to run on free TV. But what if you want to watch it as soon as possible and are prepared to dip into your Freedom Fund to get it? You have a choice. You can either buy the physical […]

The Aggregation of Marginal Gains (Part 1)

If you grew up in Britain in the 80s, you’d know that back then cycling about as about as popular as leprosy amongst the general public. Cycling was for kids, the French and people that could not afford a car. Back then, the idea of a British team winning the Tour de France or dominating Olympic cycling seemed […]

Get rich without…shopping

At some point in the twentieth century, we swallowed the strange idea that shopping is a fun leisure activity. The Escape Artist has never been that keen on shopping.   There’s something a bit sad about seeing debt junkies and Walking Wallets dragged around shopping centres on invisible leads. But we all want stuff sometimes. So the question is how […]

Now that’s what I call Financial Independence!

Without further ado, here are The Escape Artist’s Top Anthems of Financial Independence… Working 9 to 5  (Dolly Parton) Was there ever a more under-rated thinker and businesswoman than Dolly Parton? For someone that never worked a cubicle, Dolly has an remarkable understanding of the dynamics of the Prison Camp. Don’t be fooled by the boobs, blonde hair and […]

Financial freedom

The Mexican Fisherman

I thought everyone knew the story of The Mexican Fisherman but apparently this is not the case.   Apologies to those that already know it well, but for everyone else this traditional parable (author unknown) is required reading… An American businessman was standing at the pier of a small coastal Mexican village when a small boat with […]