Giddy with excitement and having not managed to give away the Readers Fund, The Money Mountain momentarily lost touch with reality when the Euromillions lottery came around last week. With an estimated jackpot of around £143million, every last penny of it tax free, we did something irrational. We took £25 of our funds and bought […]
Is recession coming?
Is there are storm brewing? At the time of writing Germany is on the cusp of recession which would have obvious consequences for the rest of Europe; America and China are still tit-for-tatting their tariffs; Australia, largely unscathed during the GFC of 10 years ago is now showing signs of finally cracking; Japan is Japan, […]
Monthly Update – July & Aug 19 – Summer Recess
It’s time for our monthly update where we review what we’ve been up to, what, if anything we’ve made, and what our plans are right now. This update covers July and August. Yes, it’s a double-month roundup in this article. We were too lazy (or busy on our summer holidays) to do a July roundup […]
How We DIDN’T Manage To Spend The Full Reader Fund in 2019
As you hopefully know by now, a portion of our entire fund is set aside for our readers. We inventively call this the ‘reader’s fund’. At the beginning of this project, we promised that we were going to set aside 10% of our fund for the readers. And since we made £3,435.26 in our first […]
5 Important Lessons We’ve Learned in Our First Year
Hello there! As you probably already know, out venture here at the money mountain is now 1 year old. In that time, we’ve had some ups and downs, but overall it has been a pretty decent year. We’ve managed to make a decent chunk of money, help some people with charitable donations, and learn a […]