Tag Archives: Get out of debt
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
Here’s a question I saw online in a financial discussion forum: “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 my salary its quite a […]
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 