Money Mage

Dispelling money making, investment and early retirement myths

Make more money. Mortgage Freedom. Retire early.

Money Mage provides straight talking information about growing your wealth, using your money wisely, and working towards retiring early.

  • How to save money with DIY

    Homeownership amongst 25 to 34-year-olds has collapsed.

    The buy-to-let boom and symbiotic soaring house prices have forced most of the age group out of the market. Homeownership across England amongst 25 to 34-year-olds has almost halved since 1991[]. Down from 65% to 35%. In the 16-24 bracket’s homeownership is down fivefold, from 46% in 1991 to 9% today. Millennial fruggles,... [[continue reading]]

  • What is a Mortgage?

    A mortgage is a loan taken out to buy property or land.

    Most mortgages are long term loans, usually 25 years, but the length can vary. The length of a mortgage is called the term.

    The mortgage is ‘secured’ against the property or land bought. If you fail to meet repayments your property could be repossessed. If this happens the... [[continue reading]]