In this video, we’re diving into the details of our Early Retirement Budget and explaining why "Cash is King" when it comes to managing our day to day finances.
We’ll walk you through how we’ve structured our budget, why we prioritize cash on a weekly basis, and how we fund our travel adventures in Early Retirement. You’ll learn the ins and outs of our budgeting for a lifestyle that focuses on living within our means, staying debt-free, and enjoying financial freedom.
Whether you're considering early retirement, financial independence, or just looking for smart budgeting tips, this video is packed with valuable insights of what has worked for us!
We are Richard and Jackie and we live in the UK. We retired from teaching at the age of 51 in the summer of 2022. Our plans for early requirement include relocating to the Yorkshire Dales, developing our forever home and travelling the UK, Europe and eventually the world in our VW campervan Nelson.
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Many thanks,
Richard & Jackie
Timeline:
00:00 Back on our Early Retirement Budget in January
00:41 Our Early Retirement Story
01:05 Budget Basics
03:09 Our Monthly Early Retirement Budget
06:05 What is Cash is King?
08:46 Our Weekly Spend in Early Retirement
12:58 Our Travel Funds and how we make it work in Early Retirement
18:26 Final Round Up