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Showing posts from December, 2013

People & Money – The real problem is to not act

A quick extract of an article I wrote after an event I've organised in Leicester with the support of Positive Money and Transition Leicester.  You can access the full article on  Positive Money Blog . ''In the last few months, I contemplated the idea of organising an event in Leicester about Money and the financial system. I first started by looking for a supportive group of individuals to do it with but after few unsuccessful  attempts in recruiting people and ensuring continuous involvement, it became clear that speaking was not enough but that I had to take action. I was letting go of my passive consumer shield to be more of an active citizen. With the full support of Transition Leicester and Positive Money, 5 knowledgeable key speakers were invited. 40 people managed to attend the event. Food, hot and cold drinks were available for everyone to share. The evening turned out not only to be fun and interesting but also educating. This was a moment we travelled in a lan

What did I learn from analysing my expenditure after a year

In the following blog post, I share the results of two analysis. The first one is an analysis of my spendings by categories after a year, the second is analysis of what I want to achieve by category. The analysis contribute to my main aim which is to achieve financial independence. I am currently trying to pay a debt - 12K for a student loan. To do the first analysis, I downloaded all the statements from my current account in an excel format. I assigned a category to each entry. What are the results? I  allocated 18% of my resources to my loan and the same amount to travel to France and have a couple of trip in the UK. I spent more money on conspicuous consumption than food. I did not have many outings that involved financial expenditure. What am I missing? I haven't got a good idea of what all the cash I have taken out was used for. A part of it must be to commute to work, then it is a mix of food shopping, outings, shopping and more outings. For the second analyy