The Algorithm of Wealth
I remember my first paycheck, free money I thought! Then the bills arrived, and suddenly that freedom felt a lot more constrained. I graduated university with £50k in student loans, and almost little to no savings. This project was created from my journey from financial chaos to clarity.
I stumbled upon the r/UKPersonalFinance reddit community, a treasure trove of practical advice on managing money in the UK. They advocate a structured approach to personal finance, breaking it down into clear, actionable steps. Some of the resources I found particularly useful were:
I had started using the spreadsheet to track my finances, however I found that it kept breaking as I used it month by month. This was mostly due to my user error, however I kept thinking there must be a better way. This frustration led me to create Networth, a tool to automate and visualize my financial data.
The following are the the principles I have used over the years to build a solid financial foundation, inspired by the UKPF flowchart.