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Lost change: Part II

I have been on the look out for further lost change all week and managed to add another couple of pounds to the total.

Highlights included finding £4.65 in my gym bag which I seem to remember putting there just in case I got hungry whilst visiting the gym. Seeing as one of my other new year’s resolutions is to lose weight, removing temptation seemed like a good idea.

I then found another £1.70 scattered around my flat which would probably have found its way to my penny jar next time I tidy the flat but that could be months with it just sitting there doing nothing.

So I didn’t find a fortune but it’s £6.35 towards my target!

Beckham hits jackpot at L.A. Galaxy

Looks like David Beckham has sorted his pension out by signing a 5 year deal with L.A. Galaxy worth £128m.

That works out to be £25.6m per year or for those paid by the hour, assuming a 37 hour week, he will be earning £13,306 per hour (less tax of course!). So if he was to undertake the millionaire adventure challenge he would achieve it in just under 75 hours.

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Great news for millionaires, interest rates increase!

The Bank of England shocked everyone today by increasing the base rate to a 5 year high of 5.25 per cent. That now means a millionaire would earn an extra £2500 per year in interest if their money was invested at the base rate bring their annual return to £52,500. (more…)

Lost change

To kick start my adventure to become a millionaire I decided to finally make use of all the lost change that is sitting around my flat. Like many people I have a penny jar where I throw all my change after a night out etc. This money just sits there earning no interest and doing nothing so I have counted it up, taken it to the bank and now have £49.44 to get my adventure started. (more…)

Let the adventure begin

Today I embark on an adventure to become a millionaire. I have no idea where this journey will take me or what challenges lay ahead.

If you are an early adopter of my blog then I hope you enjoy reading millionaire adventure and I wish you a happy new year!