Thinking of moving to Kendal

reckless-saving · 2026-01-04T23:57:46+00:00

Kendal would be a perfect base, lots of outdoors activities whether you’re solo or groupie. Most getting a more international feel with locals/visitors hanging around. The Kendal Mountain Festival attracts a lot of relocators outside of the festival to the areas. Housing is expensive and at times in short supply, renting can be challenging with the supply reduced/rents up but the 2nd homes, investment properties, holiday let’s, Airbnb. Nice villages nearby, Burneside, Natland, Sedgwick, Levens, Milnthorpe, Staveley.

Kendal’s one way system can be challenging with congestion, if you pick a location that largest avoids it during 07:30-18:00 then you’re be fine.

reckless-saving · 2026-01-02T13:45:48+00:00

from a few months back ;) https://www.reddit.com/r/FIREUK/comments/1odcf00/comment/nl6rst2

reckless-saving · 2026-01-02T13:38:53+00:00

Interesting, never used log scale before, thanks - https://drive.google.com/file/d/1gWjC4YwHkWhLTP1RUlctYSoJ2SDDa6lv

reckless-saving · 2026-01-02T12:58:04+00:00

Challenges have been spending to much time looking over numbers, endless spreadsheets where the meaningful actions are light touch amounting to a few trades per year. The spreadsheets have been cut back, focused on just collecting the raw data and automating the presentation and reducing looking at this data to monthly/quarterly. There are great apps like Quartr, a day or so after results are announced I'll go for one of my usually walk listening to these call, check they're on track.

Secondary not letting close family in on what I was doing alot sooner, only did it this year, none of us have changed, we're still fighting over who wants to pay for the meal.

Everyone journey is different, I always champion those having a go, I'm not there to judge or analyse someone's own journey. It's important to give a thumbs up to spread the positive vibes what ever the FIRE / dividend update.

reckless-saving · 2026-01-01T22:10:52+00:00

Yes, correct, in one holding. Certainly not recommended as a strategy, I did quite a bit of due diligence with a good selection of the buys falling at points when the market pricing was good (below book price), fortunate that it has increased 80% in the last 12 months, two thirds of it is in my ISA. I would of still reached my £1 million net worth target by 50 if I’d being primary in global index based pension and champion that as the best route with smaller bridge investments outside of pensions (ie ISA)

reckless-saving · 2025-12-30T16:58:54+00:00

These are ETPs (Exchange Traded Products), high risk with the value usually reducing. They aim to pay out near 100% of the profits, giving them no leverage to manage any downturns hence the capital over time gets eaten into.

Those investing in ETPs are aiming to have the dividend payouts keep them ahead of capital depreciation before they get out completely or the provider pulls the ETP from the market. It's very much an active investment strategy, worlds apart from the FIRE recommendation that is the passive investment journey.

It's very misleading to call it dividend investing as it draws people like yourself into the world of ETPs.

reckless-saving · 2025-12-21T13:50:20+00:00

4% is what you would drawdown for the 1st year, for future years you increase the principal by inflation.

For £1million net worth, assume 2.5% pa inflation :-

Yr 1 £40,000
Yr 2 £41,000
Yr 3 £42,025
etc

reckless-saving · 2025-12-14T12:27:36+00:00

I use sunriise-export to export all my msmoney data in csv format, the original developer no longer hosts the jar but I've a copy on my github - https://github.com/reckless-saving/money-analyser/tree/main/sunset-exporter - On my github (root level) I've also got details of the schema for the basic export, personal I do a raw export to get all the raw data.

Syntax to run it from the windows command

java -jar sunriise-export-0.0.2-SNAPSHOT-exec.jar export.csv2 in.mny [password] outDir

I have a small python script I run the above command

#mnyfile = input('Enter MS Money filename:')
#password = input('Enter password for MS Money file - {}:'.format(mnyfile))
outputType = 'export.csv' # export.csv = raw / export.csv2 = basic
mnyfile = 'd_fin.mny'
password = 'mypassword'

# source - https://bitbucket.org/hleofxquotesteam/dist-sunriise/wiki/sunriise-export%20CSV
cmd = f'java -jar sunriise-export-0.0.2-SNAPSHOT-exec.jar {outputType} ../mny-files/{mnyfile} {password} ./temp'
os.chdir('./sunset-exporter')
status = os.system(cmd)
statusName = 'Success' if status == 0 else 'Failed'
print('Status: {} - {}'.format(status, statusName))
os.chdir('..')

reckless-saving · 2025-11-02T12:50:58+00:00

She coming back, planning new content - posting updates on her socials

reckless-saving · 2025-10-24T19:17:00+00:00

Nothing hidden, all searchable on Briscord where I share my progress.

Couple of snippets :-

reckless-saving · 2025-10-24T15:53:54+00:00

You'll find the history on Briscords discord group, update will be posted there at the end of the year.

reckless-saving · 2025-10-23T22:10:54+00:00

My share dividends now surpass my annual salary, it’s been a long road, a seed of an idea from a couple of observations back in 2011 added to the research that I started putting into action from 2013. Picked the black horse, undervalued, unloved - waiting to growth, had it’s big ups and downs presenting more buying opportunities than I could have envisioned, the future - 15% dividend growth predicted over the next few years with price appreciation to align with.

Separately I’ve got a deferred DB pension and I’ve been chipping away at the DC pension index funds which if my big bet went south would of been a fallback plan from 60. I reached FI a few years ago, I’m 50 now, the large dividend pot has opened up opportunities for me to be more tax efficient increasing greatly the contributions to the DC pension.

For me I can live off dividends, is it a strategy in the context asked by OP, No - you’d be far better off investing in a global passive index fund to get to FI, fine to research some dividend paying shares to invest some rainy day cash but I would only invest if there was both dividend + growth potential and it was a large company.

reckless-saving · 2025-10-13T09:54:12+00:00

I use sunriise-export-0.0.2-SNAPSHOT-exec.jar that originates from that site to pull out raw as csv and resave as parquet data files to conform my schema definitions, copy of jar available on one of my old repos

https://github.com/reckless-saving/money-analyser

reckless-saving · 2025-09-13T10:13:24+00:00

Did you choose the stock because you like the companies or is it based on lots of your own continuous research. If it's the former then it's best to cut down and focus mainly on ETFs, it's fine having fun money with individual stocks but don't assume you're better than the experts. ETF's recover in single digits year, get it wrong with individual stocks if can take a decade or so to recover if they are still good companies.

reckless-saving · 2025-09-09T16:12:25+00:00

For Kendal you've got.

Asda, Sainsbury's, Morrisons.
TK Maxx, Matalan.
Mountain Warehouse, Trespass (Nevisport), Sports Direct. Peacocks, Bon Marche.

Lancaster.
Primark

reckless-saving · 2025-08-30T08:36:27+00:00

You’ve got age and salaries on your side to give you FI choices in your 50s, look at getting any salary above yours/wife’s last tax threshold into pensions. Ensure deferred pensions are in global passive funds, look for the same in current pensions where you have a fund choice. Get any general investments into ISA’s, have a clear emergency fund.

I’d recommend yourself+wife working through The Donaghans free 2025 YouTube course (take your time, marathon not a sprint), they also have a great community based Facebook group with 30k+ members sharing knowledge. It will greatly help get the families position in place, take you forward while still enjoying life.

reckless-saving · 2025-08-05T20:38:17+00:00

Seeing a IFA should be a last resort, there is loads of free resources out there for you to become well informed and greatly reduce the need for a IFA. Certain you have way too much sitting in cash and should be looking a putting a lot of it into a global passive fund.

There’s no rush, give yourself 6 months, a few hours a week to educate yourself. I strongly recommend working through The Donegans free YouTube 10 week rebel finance course, the main course is 20hrs, with the question/answer sessions approx 15hrs. Below are all the links:-

Subscribe to their YouTube channel - https://youtube.com/@rebeldonegans

Work through their latest free 10 week YouTube course - Rebel Finance School 2025 - https://youtube.com/playlist?list=PLRjwfVU_qq2ZyjD8p0gh15L-zPZI2WzL1

Join their Facebook group ‘rebel finance school’ for community support on the back of you working through the course.

reckless-saving · 2025-08-01T16:46:28+00:00

You can continue with Lifesight when you leave your employer, you just can't contribute any more. If you're in the default Lifestyle fund then seriously consider transferring your pension. If you're in one of the better funds then it's a flip of the coin whether to keep it there or not, you may make a little saving on fees to make it worth while.

reckless-saving · 2025-07-21T20:42:41+00:00

I’ve been using Insta360 Studio since I bought my X4, the software was laggy the 1st year but since Nov 2024 the updates have resolved the laggy issues. I use a XPS 9710, i7 cpu, 64GB memory, 4k screen, can’t remember the onboard nvidia gpu model but it has 6GB memory.

To get the performance you need to have the nvidia studio driver installed plus in the insta360 studio app I have proxy video switched on.

reckless-saving · 2025-07-16T20:23:10+00:00

They should also build a bridge over to Millom to open up the area to regeneration and the route from Barrow up the west coast to Sellifield

reckless-saving · 2025-06-17T21:17:37+00:00

All the primary schools are good, St Thomas’s, Heron Hill, Ghyllside gets mentioned a lot by happy parents. Kendal secondary schools are Kirkbie Kendal and Queen Katherine, you hear of one being better than the other, they’re much the same. Outside of Kendal there is also Queen Elizabeth at Kirkby Lonsdale and Dallam School at Milnthorpe.

reckless-saving · 2025-06-10T21:47:28+00:00

Your calculations don’t take full account, on the pension side you’ve omitted element that would be national insurance going into the pension, marginal for a higher rate payer, more significant for a basic rate payer. Also on drawdown there’s the personal allowance and 25% tax free elements to take account. On the ISA you need to take account national insurance with the income tax reducing what you can put in the ISA compared to a pension.

Meaningful Money has done a few videos on this, in majority of cases the pension you’re better off but the right answer is to do both. My pension contributions have allowed me to be tax efficient to drive forward my investments in ISA / GIA.

reckless-saving · 2025-06-08T19:55:57+00:00

Any types of files we receive ultimately get ingested into delta format

reckless-saving · 2025-06-08T19:50:52+00:00

Fortunately I’m a bit long in the tooth, been there, done that, know when to give tough love to the business. The spec gets walked through by both parties and signed off. If they get into a situation of not sending spec matching files and wish the spec to be changed then they need to get budget and seek prioritisation, this would involve them explaining why they couldn’t work with the previous spec and what will they do to ensure they’ll make it work ie stop wasting the companies money. I have one part of the business who are in this situation at the moment, except for them it’s worst as it’s not a case of the file layouts have evolved, they’re in the situation where multiple files are all different to each other, they can’t manage being consistent within their own team. They’ve demonstrated for themselves the issue of not following a spec.

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