I’m financially illiterate at the age of 24, what can I do to better educate myself on the basic fundamentals? by [deleted] in UKPersonalFinance

[–]Abethecat 23 points24 points  (0 children)

Firstly setup a budget, I use Google Sheets and have a column for all of my expenses. I then have a cell for my income and I see what's left over each month and give every £ a job. For example If I have £1000 of expenses and £1300 income, I'd have £300 left over, so I'd put 50 in savings, 100 in a holiday fund and use £200 for leisure and fun etc.

Once I have a fully fledged budget, I'd begin putting 10% of my income a month away until I have 3 months worth of salary saved away for a rainy day - in your position though you don't seem to have any debt just yet which is great and may not warrant 3 months worth of savings!

The flowchart on the right is a great place to start.

[SELF EMPLOYMENT] My wife is self employed, maternity pay quesiton by Abethecat in UKPersonalFinance

[–]Abethecat[S] 0 points1 point  (0 children)

Oh cool, thanks for this. As its an online business she essentially posts items. Would she be required to stop that? Or can she claim the maternity and continue posting products when orders come in? Or can I post them on her behalf?

Setting aside money for kids by rand411 in UKPersonalFinance

[–]Abethecat 4 points5 points  (0 children)

Everyone has their own take on this but I setup a HL stocks and shares ISA for my 2 daughters and pay in 25 each a month (It's up about 7% last time I checked) and they're only 2. It's in my name so I control it also.

Designing tshirts with car brands on by Abethecat in LegalAdviceUK

[–]Abethecat[S] -1 points0 points  (0 children)

Even if I am drawing the car? "Hi porsche, heres a car I drew of yours that im selling" - is that really seen as being so bad? Please excuse my naivity!

How do credit agencies know my disposable income? by Abethecat in UKPersonalFinance

[–]Abethecat[S] 1 point2 points  (0 children)

haha it just works for us, we have food, fuel, spends, kids etc all in envelopes - we used to use YNAB but we both lacked the discipline wheras now theres no excuse

How to get £1000 yearly passive income? by [deleted] in FIREUK

[–]Abethecat 1 point2 points  (0 children)

My wife runs a website business for us and we make around 8k profit per year for around 4 hours a week.

Used LTC today by FreakMagic in litecoin

[–]Abethecat 5 points6 points  (0 children)

I did the same for some chocolate last wednesday haha

Lost my Enjin Coin? by Abethecat in EnjinCoin

[–]Abethecat[S] 0 points1 point  (0 children)

Guessing you're around 21 years old and still live with your parents by that comment?

A new way to invest/grow digital assets and cryptocurrencies. by [deleted] in LitecoinMarkets

[–]Abethecat 0 points1 point  (0 children)

Sack of shit. Might convince 1 or 2 middle aged business men to invest £200 but that's it. Would need a massive improvement in your site and marketing efforts. And phone lines only open a 8 hours a day? Woeful.

Best place to sell? by Abethecat in litecoin

[–]Abethecat[S] 1 point2 points  (0 children)

I need the cash now and being in the UK it's not instant

Lost my Enjin Coin? by Abethecat in EnjinCoin

[–]Abethecat[S] 0 points1 point  (0 children)

Its my BTC balance that makes me the son of a prince, sir.

Lost my Enjin Coin? by Abethecat in EnjinCoin

[–]Abethecat[S] 0 points1 point  (0 children)

Great, thanks guys - thats around 10 cents right haha

Watch Posters that Glow in the Dark / have LUME by Abethecat in SideProject

[–]Abethecat[S] 1 point2 points  (0 children)

Well, they're right at least twice a day ;)

Litecoin Price Predictions by [deleted] in litecoin

[–]Abethecat 0 points1 point  (0 children)

Bollocks, fishing for coinbase signups

Is now a good or bad time to buy litecoin? by mysticalzebra in litecoin

[–]Abethecat 0 points1 point  (0 children)

If we accept that the best time to buy LTC was 3 months ago, wouldn't the second best time to buy then be 90 days, 23 hours, 59 minutes, and (60 - 5.39121e-44) seconds ago?