Money Mages' Personal Finance Grimoire

October 2020 Savings Report

Welcome to our October Savings Report.

The end of October was a little volatile with the US election hammering the markets. But never the less, October was another good month for the MM household.

I’ve had a 6% raise and another pretty significant stock grant which will kick in this time next year. A 9-5 can work out just... [[continue reading]]

Where should I keep my Emergency Fund?

With interest rates on cash savings accounts now tending towards 0%, it’s becoming more difficult to decide where to keep your Emergency Fund.

There are competing concerns - keeping up with inflation, but also as close to instant access as possible.

An Emergency Fund is a critical tool in keeping your finances healthy. But if you don’t look after... [[continue reading]]

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]]