The post that tries to justify clogging up the internet with yet another novice UK personal finance blog.
I have been staring at my computer screen blankly for a while trying to decide what to write in that tricky first post. In the end I’ve opted for what is probably a fairly dull introduction to why I’m starting this UK personal finance blog. I was going to put this in the “About” section but decided it would probably get out of date quite quickly and it is probably best fixing it in time. So here goes…
Why did you start this personal finance blog?
The main aim of this blog is to keep me disciplined in my “journey” (I hate how cheesy that sounds but none of the other Microsoft Word synonyms seem appropriate) towards financial independence. If I put something in writing, I figure I am less likely to slacken off in achieving my goals. I am too new to the personal finance blogging world to be able to offer advice (and am not a qualified financial advisor). I’m also not a fan of the dictatorial tone of some personal finance blogs. But as time goes on and I become more experienced I hope I might be able to pass on some of that experience to others.
Is this a FIRE (Financial Independence, Retire Early) blog?
Yes, I suppose it is. But a novice one. I decided to start this blog after discovering the FIRE movement via this sarcastic Guardian article. So you can see I’m quite late to the FIRE party, although discovering FIRE was less about discovering something new and more a case of “hey, I’ve had this attitude for years and now I know there are other people like me”. It’s nice to connect with people whose eyes don’t glaze over when I try to talk about pension planning (something I’ve been guilty of inflicting on my friends in the past).
I also hope to discuss other personal finance topics as well are FIRE. Keep this as broad a church as possible.
Why “Fretful” Finance?
Because I constantly worry about whether my goals are realistic or whether I’m doing the right thing financially. After discovering FIRE I had a few sleepless weeks as I constantly remodelled my retirement plans. When I wasn’t in front of my retirement planning spreadsheets I was anxiously thinking about them. I’ve calmed down a bit since then, but I’ll often read something that will throw my thinking into disarray and cause me to re-evaluate my numbers.
What’s your UK personal finance blog’s USP?
Honestly, it probably isn’t completely unique. It would be arrogant of me to assume so when I’m so late to the game.
Many FIRE bloggers are very confident in their approach to financial independence. They are often some years into (or have completed) their journey. They have thoroughly tested their investments/side hustles/savings strategies. My nervous beginner approach is unlikely to be useful to those folk but hopefully it may be of interest to fellow beginners. And perhaps provide occasional entertainment to those further along “the path”.