Well I’m back after an excellent holiday, still a little jet-lagged but I’ve got lots of blog reading to catch up on and thought I’d best get my own update out there as soon as I can.
June had its fair share of expenses – a couple of birthdays (including my own!), plus my various insurance policies all needed renewing at the same time. I’ve managed to spread the cost of the latter but have still paid out a chunk to ensure that instalments are manageable over the next 6 months or so. I’ve also been participating in some frugal dating…;-)
Anyway, I resisted buying a load of stuff for myself to take on holiday (I only bought two vest tops @£4 each!), but I still spent quite a bit on presents for the family – considering that I stay with them for free, it’s a small price to pay but a heavy suitcase to lug around!
So, how did I do?
Better than I did last month, still short of my 50% target but I’m happy with 46.9% as I thought I was going to struggle more this month. Compared to June 2014 though, I did really well as I only saved 32.1% that month, so it’s good to know I’m making progress!
Average is now bang-on 50%. We’re nearly halfway through July already so only two weeks to see what I can shove into my savings/investments, although I have to deal with the aftermath of my holiday spending too when the credit card bill arrives.
This month’s savings was topped up with £8.98 gambling winnings and £50 from rent received.
The situation with Greece made the market rather wobbly which affected my Future Fund. This now stands at £41,894.23, pretty much the same as last month but a teeny-weeny increase in the right direction. Am I still on track for my goal of £50,000 by the end of the year? Still doable I reckon, although the road ahead is looking a little rocky and will depend on what the markets do for the rest of the year.
Well, my Net Worth passed the magic £100k milestone this month – woo hoo! This represents an 12.3% increase so far from the start of the year.
(a) Figure based on August 2014 statement
(b) Monthly payment of £147.95, final payment of £3,166.25 in Aug 2015
(c) Estimated value of property based on similar property sold in area
(d) Statement as at June 15
Not a bad month: I received £17 from Vanguard All World High Div Yield ETF, £4.50 from BP and £8.57 from Centrica, so a total of £30.07.
Dividends received in 2015 now total £130.87, only around £14 short of my total dividends goal with six months still to go! Looking at the dividends I’m likely to receive in July, I will surpass my goal next month. My average is now £21.81 per month, which more than covers my TV licence!
Shares and Investment Trusts
This month, by a roll of the dice, I invested in City of London Investment Trust, another investment that pays out quarterly dividends.
Non-Financial Goals Update
Food/Groceries Budget – As it was a short month for me, I only spent £60.07 over 3 weeks, averaging £20.02 per week – I needed to make sure I had an empty fridge before I went away. My average weekly spend so far is now £23.49 so still on target.
Cooking Recipes – I learned 1 new recipe this month – Beef and Ale Cottage Pie – and I used my own home brew beer for this too!
Online Earnings – A few steps forward were made on this one recently but am still massively behind in total, though not quite prepared to give up on it yet so I’ll soldier on. My recent insurance renewals should add quite a bit to this – I will add once the referrals have been paid out.
Library books – Two books borrowed and read this month, am now at 9 books borrowed so far, so I reckon I’m still just on track for my goal of 20 library books for the year. I need to be averaging 2 library books a month but I should be able to keep this up. In 2014, I borrowed 10-12 books in total.
Here’s how I’m doing against my goals in brief:
Aside from the online activities goal, most others are still more or less on track.
Hope everyone’s been keeping calm whilst the Greeks continue to rock their little fishing boat!