My salary this month was a little higher than usual as it included the £360 Health Rebate from work for my gym membership.
Instead of just saving half of it, I’ve invested all of it, which has enabled me to get an all time high savings rate of 56.3%
! Woo hoo!
The amount saved was also boosted by £20.07 from Inboxpounds*, £1.25 win from Searchlotto, £33.37 mortgage protection premium refund I mentioned earlier in the month, £6.13 reviewing music on Slicethepie* and £100 rent received.
My average savings rate is now at 46.19%
– I’m not going to hit my target average of 50% as I’m unlikely to save over 80% in December but I think I’ve made a good attempt in my first year of saving/investing. I’m quite confident I’ll hit that target next year!
Speaking of goals, one of my goals for 2014 was for the value of my investments portfolio to reach £22,000. As of today, the value of my investments was £23,902.56! Sorted :-)!
So I’ve set myself a budget of £25
per week for my food/grocery shopping as this is one expense which I feel that I have the most control over. Here’s how I did this month:
7th Nov – £20.03
14th Nov – £30.93
21st Nov – £23.99
28th Nov – £21.79
Total Nov – £96.74
Average per week – £24.19
25% was spent on meat or fish and 25% was spent on fruit and veg, so better on the fruit/veg front compared to last month. Still spent 11% on snacks so need to continue to work on that!
Splurge next Month
I’ve already been spending more than usual (on my credit card) as is typical for this time of year. While I’m being quite generous buying things for friends and family, I’ve resisted the urge to buy a single thing for myself…so far! I’m not going to abstain completely, but whatever I buy, it’s not going to be anything expensive, unlike some gifts I’ve bought for myself in the past!
Black Friday came and went without me buying a thing, I just didn’t feel like getting caught in all the hype and madness. Perhaps I’ve missed some great deals, but perhaps I haven’t.
I’ve got a day off work tomorrow to do some actual shopping in the high street – I reckon I won’t last very long before I get fed up and go home!