January 2017 Savings, plus other Updates

Ok, the first savings/investment update of the year and things don’t look too different from much of last year.

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

Previously, my savings rate calculation was based on my net income from my main salaried job, ie net of tax, NI and company pension contribution.  The PILON is net of tax and NI.

So, how have I done in January?

My savings rate was 53.6%, a great start to the year!

That said, if I’m still jobless in April, my savings rate is going to be at or around 0%….

However, next month’s number should get a very big boost as it’ll include my bonus. My highest ever savings rate so far is 70.4%, achieved in March 2015. It’s possible I could better this…watch this space!

January’s savings was boosted by £70.84 from TopCashback* and £50 from rent received.

Future Fund 

With the crippled £ sterling doing a creditable impression of a bottom-feeder, my Future Fund continues to ignore other political shenanigans and is now up to £92.321.

Dividends and Other Income

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

December 2016 Savings, plus other Updates

Hi all, I’m back! 🙂

I’ll talk about my hols in a later post but right now, I need to get my final 2016 numbers out, plus an update on how I did against my goals.

Apologies in advance for this long post but here goes…

My savings rate in December was 40.6%, resulting in an overall average in 2016 of 44.9%. Although it meant that I failed in my goal, I’m pretty satisfied as I was able to beat 2015’s savings rate of 43.7%!

December’s savings was boosted by £122.25 affiliate income from Siteground* and Oddsmonkey*, £100 from rent received and £100 from matched betting winnings.

Future Fund 

With the crippled £ sterling continuing its slide, my Future Fund got a big boost, up to £91,101. The number looks good on paper/online and I’m a bit giddy that it’s getting closer and closer to that coveted £100k milestone. However, I’m not kidding myself that things are all rosy – the UK is poorer as a result of this currency slide and of course, at some point, the stock market will come crashing down again.

Net Worth

I’ve not mentioned my net worth in a while, only because it’s not something I regularly track. Anyway, my net worth is now £163,004, an increase of 39% from the start of 2016.

I have no idea what a ‘good’ net worth number should be so I’ll just say that I think that’s a pretty good increase!

Dividends and Other Income

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

November 2016 Savings, plus other Updates

Have finally recovered from work’s Christmas party/leaving do! Hangovers get so much worse as you get older!

Anyway, it was probably one of the best parties I’ve been to – lots of mixed emotions but what I do recall was a lot of fun and laughter.

Work for me is winding down a little as I begin to hand over the rest of my responsibilities. Not long to go now.

Anyway, how do things look on the numbers front?

nov16saved

So I managed a savings rate of 38.1% – gift-buying has taken its toll a little here but still not too bad. I’ve only a few more items to get now so for me to be able to have a decent savings rate is still a big achievement for this time of year.

My average savings rate however continues its downward trend  –  it’s now at 45.2%. If I can get it to be at least 45% by the end of the year, I’ll be well happy.

This month’s income was boosted by £50 from rent received and £10.36 from TopCashback*.

Future Fund 

Markets went a little wobbly this month, so my overall portfolio dropped a little and now stands at £86,188.

Dividends and Other Income

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

October 2016 Savings, plus other Updates

I was a little distracted last month and this continued to be the case this month. With various social outings, the weeks have just gone by in a haze.

Work has continued to be chaotic and also very weird, as my boss has now been laid off and I have a new boss, someone I had a dotted line report to previously. Whilst I get on with my interim boss, I miss my old boss already!

On a personal front, I actually secured a date the old fashioned way! That is, there wasn’t a Tinder-swipe or online dating profile in sight! I got dancing with someone at my friend’s wedding, we swapped numbers, we went out on a date. Ok, so there was to be no 2nd date (sorry, he had too many young children to support!) but hey, it’s good to see that old-school ways can still work in today’s dating environment! 😉

Anyway, how do things look on the numbers front?

oct16saved

So I managed a savings rate of 40.7%, not quite as good as last month but not bad considering the social events.

My average savings rate continues its downward trend  –  it’s now at 46%.  I accept that it’ll be impossible for me to achieve my end of year target of 50% – even 45% might be a stretch with the festive season coming up. I’ll keep going anyway.

This month’s income was boosted by £50 from rent received and £39.97 from TopCashback*.

I also chucked some more of my matched betting profits into some property crowdfunding via Property Moose*. The website has now introduced a secondary market so it is now possible to sell or buy ‘shares’ if you wish, although of course, if selling, these need to be purchased by other members of Property Moose.

Future Fund 

The falling sterling and buoyant markets continue to be good for my portfolio, which now stands at £86,509, a gain of 4.3% from last month.

Dividends and Other Income

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