Typical Day

In a recent comment, @Playing with Fire mentioned that it might be interesting to know what a typical day looks like during my ‘unplanned practice retirement’.

I’m not sure it would make a very interesting post but here goes!

Also, I would love to treat it as ‘retirement’ but feel a little uneasy about enjoying myself too much!

Anyway, three of my days in the week are pretty much the same so I guess they’re ‘typical’:

My alarm wakes me up at 7.30am. I know this isn’t actually that early but considering I don’t really need to wake up at that time, it’s still quite early (for me, especially as I’m not a morning person!). I need to set the alarm as I don’t want to end up treating every day like the weekend. Also, when I get a job, the transition won’t be so painful!

I’m up and about, have a simple breakfast, read the news online, check my emails and by 9am, I will sit down to do my matched betting.

This can take between 1-1.5 hours, depending on the number of offers on and if I can get any decent matches.

Matched betting done, I do my job hunting – this can take between 1 – 3 hours depending on whether there are any vacancies worth investigating, what job matches I have in my inbox, if I make any applications etc.

I probably get 1 or 2 agencies calling me each week, some just to go over my CV and experience; other times, I end up having a mini telephone interview.

I’ll have my lunch anytime between noon and 2pm, depending on the above activities. I used to take my own salad box for work but for some reason, I can’t face eating salad at home. It would be so easy to just nip out and buy lunch but keeping costs down in mind, I just make a light lunch at home.

If it’s sunny, I’ll then potter around the garden. If the weather’s crap, I’ll catch up on some blog reading, read my book, occasionally practise my ukulele or listen to some podcasts or the radio.

At around 4pm, to avoid traffic, I’ll set off for the gym. I catch up with my friends in the club area and then do my own training in the gym (weights and punchbag). After this session, I rejoin my friends for the aerobics class. Shower, change, drive home – by this time, it’s nearly 8.30 pm.

I never have much of an appetite after a workout so I’ll make a small evening meal, perhaps have a couple of snacks.

Anyway, it’s then back online to check how my matched bets have gone and I update my spreadsheets, cheering at the profits/free bets and grimacing at qualifying losses!

The TV is finally switched on and I’ll watch 2 or 3 episodes of some show I’m currently in the middle of watching or catch up on iPlayer.

Around midnight, time for bed but I’ll read for up to an hour before my head hits the pillow.

And that’s pretty much it – the days don’t seem to drag but I’ve noticed they certainly don’t go by as fast as they did when I was working.

I’ve still been keeping to my drinking-only-at-weekends rule – it’s feels important to me to distinguish the weekdays from the weekends so yes, I still look forward to the weekends. In this, I think I’d probably practice something similar when I am finally retired.

My social life hasn’t changed but I actually turned down a couple of recent ‘unplanned’ outings, (“Champagne afternoon tea? Sorry, count me out!”) which I would have probably accepted when I was working.

I’m spending a lot of time at home, which would drive some people mad but the other alternative is to go out and going out often means the opportunity to spend money. On the few days when it’s been sunny and I’ve decided to walk into the local village, I’ve deliberately not taken my purse.

I still do my one supermarket shop a week, keeping to my usual routine. My grocery bill hasn’t changed too much but I might start planning my meals better again, cook in batches etc.

Resistance was futile…

As mentioned in discussions with @FIREin’ London, I was trying to not buy any alcohol for home consumption this year – I lasted until April – ended up wandering down the ‘wrong’ aisle in the supermarket and left with a few bottles of Brewdog! I’ll see how long I can resist again – really need to get another homebrew on but struggling to find the motivation to do so.

Positive

I think I’ve retained a positive outlook by keeping to routines, maintaining my fitness and continuing to network. My friends and family seem more concerned that I’m not working, when in the back of my mind, I don’t think I’d be too upset if I was free to enjoy the summer! However, my preference of course would be to get back to working sooner rather than later.

My ex-boss has been calling me every other week to see how I’m getting on and to provide support and advice. I’m actually very grateful he does this as we had a great working relationship.  His calls help keep me focused on the job hunting, plus he has a lot of contacts in the industry.

Today

Today would have been one of the above ‘typical days’ only it wasn’t because I had an interview so spent the entire morning prepping for it (all of yesterday too). It was probably one of the toughest interviews I’ve had and I very much feel like breaking that no-alcohol-in-the-week rule, haha! Fingers crossed for this one!

3 Years!

This month marks THREE years since I started blogging about my journey to financial independence/Retiring Early!

Happy 3rd birthday to Quietly Saving! 🙂

Back Then

Although my first post on this blog was in April 2014, I had made a note of my finances in March – my starting or pre-FI plan numbers!

Here’s the comparison between my starting numbers and my most recent update:

  • March 2014 – Future Fund: £30,075
    March 2017 – Future Fund: £100,442
  • March 2014 – Net Worth: £74,595
    March 2017 – Net Worth: £171,208

The increases are largely due to new capital being chucked in every month, although I have also been lucky with investment gains from the favourable stock markets these past three years. My property has also seen a surprising 26% increase in value (I know…outside London!), which has helped bump up my net worth.

I’ve aimed to save/invest as much of my net salary as possible (averaging around 40-45%), and also put away income generated from extra curricular activities, such as cashback, gambling winnings, matched betting and other online activities.

As I’m currently unemployed, the income from these extra curricular activities or side hustles will play a vital part in keeping the investment ‘snowball‘ rolling as it were. I’ll also continue to reinvest any dividends/interest I receive.

Courtesy of http://www.gocomics.com/calvinandhobbes

Thank You

A big thanks to all who take the time to read this humble little blog – it’s a great incentive to me to know that people have a passing interest in what I have to say about my little journey and I love to read your comments and private emails. Thank you very much for helping me remain accountable, giving me encouragement and ideas, and helping me stick to my plan and aim for my goals!

Next Chapter

The last three years documented what I was able to achieve on an average salary, working for a company I’d been with for over 20 years. Anything I write now will be part of the next chapter of my life, including how I’ll get on whilst not employed and what happens with my next job.

I can say that my plan for FIRE is still very much on, just suffering from a slight hiccup but certainly not dead and buried!  🙂

And on that note, I hope you all have a great Easter!

Procrastination

As mentioned in my February update, I can’t say that I’ve been doing my utmost with my job hunting and I guess that as well as enjoying my free time too much, I’ve been suffering badly from procrastination.

I even borrowed a book from the library to help me focus but I haven’t gotten round to reading it yet…ahem!

What have I been doing instead of job hunting?

  • Sleep – Upon my return from my hols, the last two weeks of January were spent sleeping a lot as I was initially jet-lagged and then poorly with a virus.
  • Binge watching TV – I’ve been watching stuff like ‘The Man in the High Castle’, ‘Blacklist’ and ‘Homeland’. No daytime TV – I’d not stoop that low!
  • Reading blogs/tweets – I didn’t read any blogs while I was away so caught up on my reading. I also culled my Twitter feed to a more manageable level – following too many is just distracting and tweets that I may actually want to read end up getting lost in the noise/spam.
  • Practising my ukulele – Still getting used to the simple chords but I can ‘play’ a couple of tunes now. A great way to relax, though I need to learn how to ‘sing’ AND play at the same time – note sing in inverted commas as I can’t hold a proper tune!
  • Painting and decorating – I’ve been glossing the doors in the house, but got bored after a few so still have more to do at some point.
  • Matched betting (MB) – I started to do a bit of horse racing MB during the day, to help boost my profits. I still very much prefer MB on football but thought I’d see if I could tap into the much-touted riches of the Cheltenham Festival which are taking place this week.
  • Bird watching – It’s not very often that I get to sit around and enjoy the wildlife/birds in my garden. The grey squirrels have been keeping me entertained with their antics and with winter over, a variety of birds have returned to the garden.  However, I never expected to see a hapless pigeon being caught and plucked alive by a sparrowhawk…I’d seen a mass of feathers on my lawn previously but had thought it was the work of the neighbours’ cats!
  • Hunter looks smaller than the prey and yes, those bits scattered about are feathers!

I’m glad that I haven’t resorted to playing games on my PC or tablet as I would end up losing hours/days. As a former gamer, I can’t say that the thought hasn’t crossed my mind, however. The only game I have going is Pokemon Go, which really only means that I park a little further away from the supermarket so I can do an extra bit of walking (to ‘hatch’ eggs and ‘catch’ Pokemon!).

I’ve been maintaining a routine of sorts, so still attend my gym classes and work out, plus of course, I’m now playing netball too. I’ve continued to wake up to my alarm as if I’m going to work every day and going to bed at my usual time. This way, my weekends remain different and are something to look forward to, ie drinking and having lie ins! 😉

A Little Progress

Anyway, since I started drafting this post just over a week or so ago, I ramped up my job hunting efforts and I have had two job interviews – just goes to show what a little effort can achieve, I guess.  I hope I make it through to the next stages of interviews but realistically acknowledge that nothing is guaranteed (even though I thought the interviews went quite well) and that I could well be job hunting for a while yet.

Just need to make sure that I don’t fall back into a routine of procrastination!

February 2017 Savings, plus other Updates

Time for another update!

Again, my ‘income’ this month has been derived from my pay-in-lieu-of-notice (PILON) from my last job.

So, how have I done in February?

Well, I achieved my highest ever savings rate –  79.8%! Woo hoo! 🙂

Rather incredible but most certainly a one-off, largely due to the work bonus which I used to purchase my Dogs of the FTSE portfolio earlier in the month.

This pushes my average savings rate so far to 66.7% but as mentioned before, if I’m still jobless in April, my savings rate is going to be at or around 0%….

February’s savings was boosted by £50 from rent received, £229.75 Jobseekers Allowance (ahem, gotta make the most of ALL my income while I can), £63.10 affiliate income from OddsMonkey* and I had a £10 lotto win which I’ve chucked into the pot too.

Future Fund 

The big extra capital injection and the stock markets still being favourable to my portfolios despite political shenanigans means that my Future Fund is now up to £98,642, which is getting rather close to that big milestone!

Dividends and Other Income

Dividends received this month (which will be reinvested): Continue reading