Tag Archives: Get out of debt
Cash Crunch : How To Get Out of Debt
This post will not apply to most readers…but bad luck / redundancy / business failure can hit anyone…please share this with anyone that you think would benefit from it… One of the big lessons that I learned working in corporate finance and restructuring is that companies do not go bust when they make losses or […]
Fuck You Money = The Power to Say No
If you want to be a free man (or woman), if you want to be citizen of Rome (rather than a slave) you need to be able to say no to your boss. This is best illustrated with a concept that I first stole learned from Nasim Taleb’s book Fooled by Randomness (although it’s appeared in multiple places and […]
The more runway you have, the safer you are
My Dad once learned how to fly a microlight, a flying contraption that looks like a bit like a hang glider attached to a lawnmower. It’s probably not the safest hobby you could choose. He learned to fly this thing at a rustic airstrip which, by all accounts, was just a grass field with a hedge […]
First things first : get out of debt
“I would like to ask some advice from you. I have recently came into a small windfall of money to the sum of £3K and wondered what best to do with it. Not a lot I know, but for me (on a low salary) its quite a bit. Initially my thoughts were to either: – […]
Mortgages…and the Banker’s Jar
Imagine you are a young guy and you want to buy a house. You go to the Bank to borrow £250,000. After all, everyone else is doing it…how hard can it be? You are 25 and have the rest of your life to pay it back. The bank manager looks at you, checks that you have a job (wearing a […]
The Escape Artist 