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Showing posts with the label early retirement

6 Simple Ways to Save Money at Home

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  With the economy being what it is, people are more conscious about their expenses. The last thing you want to be doing is spending money on things that are not essential. There are simple ways to save money at home, which can cut down your bills significantly. Use energy-efficient appliances If possible, buy energy-efficient appliances such as washing machines and dryers that have lower water and energy consumption levels. These will help save energy and thus money over time because they consume less electricity than their non-efficient counterparts do. Consider replacing your old refrigerator with an energy-efficient refrigerator. You may not be aware of the fact that your fridge is one of the biggest consumers of power in your home. An inefficient refrigerator can use up to 300 kWh per year, which is more than 10% of the total household energy bill. So, it is important to get an efficient one that uses less electricity and saves you money on your electricity bill. Use en

Five Steps to an Early Retirement

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Early retirement is an ambitious and worthwhile goal – and despite the doom and gloom in and around financial markets since the Global Financial Crisis (GFC), early retirement is possible. All you need is a well thought out plan and some clearly defined action steps to set you on the road – and then it’s just a matter of following your course and staying focused until your goals are reached. Below are five steps to planning your early retirement – why not get started today? image source: pixabay.com Be Clear About Your Goals Take some time to get very, very clear about what you want to do in your retirement. And how early is ‘early’? Are you thinking of travelling? Starting a business? Just doing up your home, or alternatively upsizing or downsizing at all? Think carefully about these questions, as your answers will inform your plan and how you go about executing your roadmap to early retirement. Once you know where you’re going, you can work out the best way to get there.