The actor from Lock, Stock (and Press Gang, for a certain generation) has given The Telegraph a cautionary tale on the reckless spending and debt-mania that saw him go bankrupt at 31: I guess I was under the impression I had more money than I did. But I was very wasteful – I bought a [...]
February 2008
There are no true short cuts in investing, but I believe there are some subtle benefits in targeting income when making your investment plans.
New government statistics reveal home ownership in the UK is the lowest it’s been for a decade. In London there are an incredible 110,000 fewer home owners than in 2001 (not that surprising if you’ve seen London prices recently). Blame buy-to-let.
J.D. over on Get Rich Slowly has eliminated his debts and is ready to tackle his mortgage. He reckons you too can pay off your mortgage in half the time. I’m not sure that the technique he suggests works with UK banks, however.