As I didn’t start my blog until April 2014, this is my first January savings update.
However…not quite the best of starts:
Yes, I’ve fallen at the first hurdle, managed a savings rate of 48.9%, which is still a good attempt but not quite getting to my 50%! I’m still suffering a little from the over-spending in December, have really tightened the purse-strings this month (not a single social outing!) but still fell a little short. Still, 11 more months to go to bump up the average!
The above saved was boosted by £44.12 from TopCashback*, £54 boiler service cashback, £20 football predictions winnings, £7.37 Orange mobile refund and £100 rent received.
Future Fund and Net Worth
I’ll still be detailing my Future Fund and Net Worth on a quarterly basis but here are the basic numbers.
Future Fund is now standing at £34,952.16, a decent jump from the end of the year due to favourable markets.
Net Worth is £91,019.25, an increase of 2% from last month.
I received £5.31
from De La Rue and £3.80
So the £9.11 received this month is already close to the total dividends from shares I received for 2014 (£9.59)!
Shares and Investment Trusts
No new shares purchased this month but I’ve updated my portfolio here.
Some readers may recall that I discovered an investment trust
, that I’d forgotten all about, which I’d originally invested in back in 1997. Investment trusts haven’t really been a part of my investment strategy, but then again, neither were individual shares until recently.
I’ve decided to add a couple more investment trusts (including some exposure to real estate investment trusts, or REITs) into the mix for more diversification. I shall be reporting dividends paid along with the dividends I receive from my shares. ITs invested in updated here, a
long with my shares.
Last year, I received a dividend of £9.38 from my Aberdeen Japan Investment Trust.
As with shares, investment trusts will just make a small part of my investment portfolio, the bulk of my money still remaining in mostly index trackers.
Non-Financial Goals Update
Food/Groceries Budget – I spent £92.31 this month, averaging £23.08 per week, so comfortably under my budget.
Cooking Recipes – I learned 1 new recipe this month, making my own low-carb pizza. Can I just state here (since my friends have berated me!) that a ‘recipe’ in my eyes is something I’ve gotten out of a cook book and yes, low carb pizza was in there! Ok, not exactly gourmet but it’s something I can add to my easy-to-cook list! I’m going to be adding some really ‘simple’ recipes – there are some things that I just don’t normally cook!
Yoga/Pilates classes – I’ve been carrying a slight muscle injury to my right leg so have been unable to stretch it properly and consequently, not done anything here, so an epic fail, but I’m going to try to play catch up over the coming months…
– I’ve been doing the puzzle most nights and am now able to complete it with
instructions, which in itself is progress! I’ve probably learned about 2/3s of the sequences (or algorithms as they are known) off by heart – that last lot may take a bit longer!
My progress so far!
Library Books – I borrowed and read one library book this month.
So in a nutshell, this is how I’m doing against my goals:
A mixed month, with successes and failures but at least some progress!
Hope everyone else had a good January!
[* Referral links]