Hello people, another ERE disciple here, Dublin-based. Its hard to reach FI status in Ireland, odds are stacked, and any women I have met are not interested in such a lifestyle. Anyway, I am a little late to the game, mid 40's but declared myself FI last year. Any questions, ask away. Needless to say, I am disciplined, focussed on the ERE goal, and probably ruthless.
Pints can quickly wipe out an ERE budget. We did a run from France recently - so cheap, we brought almost 100 bottles of wine and champers. Bottles that were five or 6 here were two there. Drinkable champagne for just over a euro. Aldi here has drinkable wine for 4 euro, although there is debate about increasing tax further.
Hello folks, Im from Ireland and only beginning my journey to FI. Interested in keeping in touch with you re tips about how to go about things whilst based in Ireland. I am in the process of buying a house that I intend to rent out(have number crunched - it passes the financial tests) and will pay for itself and cover its costs. I have managed to get to a 75%+ savings rate. Being in my midtolate 30's, Ive always been quite frugal but never with any clear focus or objective. I have it now - financial freedom. Would love any advice you may have on how I might use my savings via investments. Thank you
Can you give some detail on your planned house purchase? I am interested in how the numbers would work. Are you going to live in it and rent out rooms?
The buy to let investors are leaving the market in droves - the tax makes it uneconomical. Ireland is a socialist country.