Money Mages' Personal Finance Grimoire

What is a Share Option?

Share Options are the Option to buy Shares in a company for a particular price, the strike price.

Share Options are often provided as an incentive when working at non-public companies. They are especially common in technology firms. They often form part of your package you negotiate when you join a private company, depending on the company and your seniority.

Ultimate Batch Cook Chilli Con Carne

The other-MM and I love to batch cook. We batch cook on a Sunday once every month or so. It creates healthy meals we can enjoy all week.

Not only that, they are cheap to prepare. With portions less than a £1

I recently posted about how we batch cook, and a few of you asked for recipes -... [[continue reading]]

September 2020 Savings Report

Welcome to our September Savings Report.

This report marks 12 months since the first-ever Money Mage Savings Report. If you’re a regular reader of these reports you know they are average. Trite. Maybe even a bit boring.

I don’t apologise for that.

Our net worth has increased over 25% since last September, and that is the lesson you... [[continue reading]]

Should I overpay my Mortgage?

With cash saving rates so low, everyone is asking: Where do I put my savings? Should I overpay the mortgage instead?

Keeping in cash is less and less attractive as inflation erodes your cash’s buying power as the years go by.

One obvious answer is to overpay your mortgage. If your mortgage interest rate is greater than your savings... [[continue reading]]

6 Reasons to Batch Cook

The other-MM and I love our food.

We’ve been together for 19 years this October and every single one of those years we’ve loved. A little too much!

But food is also a social activity for us. Whether it be eating out, or cooking together. We talk. We help solve each other’s problems. We have fun.

So cooking for us... [[continue reading]]