This month marks THREE years since I started blogging about my journey to financial independence/Retiring Early!
Happy 3rd birthday to Quietly Saving! 🙂
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.
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!
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!