I have two sets of friends with whom I socialise on a regular basis so I ended up celebrating my birthday twice on the town this month!
Why not celebrate with both sets of friends together to save time and money? It has been considered several times in the past but dealing with potential clashes of characters and personalities (with alcohol involved!) really won’t be worth the money saved and is not my idea of fun!
I had a couple of great nights out, and inevitably suffered the consequences afterwards! However, I think I was more worried about my liver/kidneys, rather than my finances!
A Bit About Work
Am pretty settled in now, the days are flying by as I continue to get to grips with different processes, procedures and people.
At the last place I worked, there were quite a lot of folk who were in their 40s or older. At my new place, I’m definitely one of the few ‘oldies’, with most people sitting around me in their early to mid-twenties.
In the run-up to pay day, talk was just of what they were going to spend all their money on – mostly socialising and buying ‘stuff’, with one young chap ordering a pair of shoes costing over £500 (some ‘must-have’ brand I’d never heard of). I didn’t join in when the others had a go at him for wasting his money, for fear I would go into ‘FIRE mode’ haha! Ah to be young and so care
lessfree with money!
With both my boss and the rest of the team not being based in the same office apart from on the odd occasion, I’m working pretty autonomously, more so than in my previous job. I think I will appreciate this more as time goes by, although I have to admit that I am actually starting to enjoy my work – not so clueless any more!
I still think it’s bloody hard – coming from a highly regulated environment to one that is not so (yet) regulated isn’t easy and my boss warned me that it could get a little frustrating but to be patient as things were moving towards more regulations and controls. I look at their processes and see so many things which would fail an audit.
I think I’m one of the few people who actually abides by the clear desk policy, which isn’t enforced but it’s how I’ve been working for the past ten years so I continue to do so. Still, it’s far too soon for me to be making major suggestions of improvements but I’ve been making notes for the future, ideas for projects and such like.
The lifts weren’t working the other day so I had to take the stairs. I realised that walking up to the 5th floor isn’t too bad and is a great workout, so from now on, I will climb the stairs every day.
Anyway, I got paid in full this month so how much of my net salary did I save? (no £500 shoes for me!)
I saved 54.6%! My average for the year is now 47.8% so slowly creeping up to my goal of an average 50%.
The above savings includes £100 from matched betting profits, £25 from my Premium Bonds win, £20 lotto win and £57.08 affiliate income from OddsMonkey (thanks to all those who joined via my link – much appreciated!).
When I saw the my wage hitting my bank account, I was pleasantly surprised. Until I realised that this is my pay without any corporate benefits deducted – I’ve yet to join the company pension scheme (although the contribution will be low) and I no longer have the ‘premium benefits’ I used to enjoy, namely medical, life insurance and critical illness cover. Oh and my corporate gym membership was also deducted via salary sacrifice.
Another birthday celebrated, another year older – although I keep myself pretty fit and healthy and have a fairly balanced diet, age will catch up at some point so perhaps I need to consider my own medical cover seeing as I no longer have it. I was given a quote by the insurers who used to provide my company medical cover but it was nearly 4 times what I used to pay! What a rip off! I’ll do a bit of research, methinks.
I have now shifted what’s left of my severance pay into my Future Fund, giving it a decent boost and it now stands at £119,717. A good step towards reaching my next big milestone!
Dividends and Other Income