I hope everyone had a great Christmas and good break from work. I had a lovely dinner on Christmas Day with close friends and a generally relaxing time, catching up on reading (books and internet) and tv. Was back in work on 29th – that was a bit of a shock to the system!
So how did I do in December savings-wise and how have I done versus the goals I set at the start of the year?
I saved 31.5%. Not quite as bad as I thought in the end. This has meant that my average savings for 2015 was therefore 43.7% so goal failed! I’m a little bit disappointed that I’ve missed my target again but well, I gave it a good go and will continue at it!
The amount saved was boosted by £58 from TopCashback*, £25 premium bond winnings and £50 rent received.
Future Fund and Net Worth
My Future Fund now stands at £57,530.57. If I don’t take into account the private pension transfer, it stands at £46,144, so goal failed. However, I’m very happy with how it is progressing, although any growth has mostly been attributed to money I’ve put in rather than growth from investments.
(b) Personal Emergency Fund
(c) Emergency Fund for stuff related to BTL property
(d) On a 0% rate
(e) Zoopla estimated value of property as at 30/12/15
Net Worth is now £117,595.83, an increase of just over 31% from the start of the year so goal achieved. A seemingly big jump, mostly I’d say due to the increase in valuation of my rental property – it seems even properties ‘up north’ can go up in value!
Dividends and other Income
I received £2.15 from Scottish Mortgage IT, £4.57 from BP, £27.14 from Lancashire Holdings Ltd, £14.65 from Vanguard World High Dividend ETF, £2.15 from Vanguard Government Bond, £13.88 from Vanguard FTSE 100 ETF, £20.46 from Vanguard All World ETF and finally, £0.71 from Temple Bar IT.
The big payouts from the Vanguard ETFs (resulting from the transfer of my private pension into a SIPP) means a total of £85 of income, my highest month ever! This time last year, my dividend income for December was just £11.99, so a massive year on year increase! 🙂
This brings my total 2015 dividend income to £356.36, with my average being £29.70 per month, which I’m very pleased with, considering I had originally been aiming for just over £12 per month (goal achieved!)
Shares and Investment Trusts
I topped up on City of London Investment Trust and also acquired some more Standard Chartered shares in the recent Rights Issue. As I want to increase my dividend income, I intend to make more purchases/top ups, but need to ensure I don’t deviate too much from my main investing strategy so will continue to invest in index tracker funds and also ETFs (which will help with dividends too).
Check out my current portfolio here.
Non Financial Goals
Food/Groceries Budget – I spent £101.69 this month, only slightly over my budget, averaging £25.42 per week.
My average weekly spend this year was £23.45 so goal achieved, am pleased with this one as this was where my spending can easily spiral out of control without me noticing.
Cooking Recipes – goal failed! I actually thought I was going to bag this one but I lost a weekend when I was unwell (and didn’t eat anything) and realised that I’d run out of weekends to try something new! 11 out of 12 isn’t too bad I guess but how annoying!
Online Earnings – Another payout from TopCashback as listed above but with a 2015 total of £313.18 earned, goal failed. Still, that’s over £300 that went towards my savings/investments via very little effort and I think that was probably the issue – I expended too little effort towards this goal.
Here’s how I did against all my goals in brief:
I’ve put ‘achieved’ against the ‘learn how to play poker’ goal – I do know how to play now, just not very well or to any high standard, haha! Anyway, on the whole, it’s been a good year
I won’t be setting so many goals for 2016, I think I ended up a little distracted and sidetracked, and I certainly won’t just throw in another goal just because I’d achieved one goal rather quicker than I thought I would (eg the Rubik’s Cube one).
And thanks very much to all who have taken the time to read and to post comments on my blog this past year – your support, encouragement and ideas have been very much appreciated, thank you!
Wishing you all a happy and prosperous 2016!