August update - FIN
Target FI number - £1,000,000 (≈$1,206,905) Current Net wealth - £292,113 (≈$352,552)Change: +£11,465.13 total month to month change in net wealth. Pension, Salary and reduction in outstanding balances of loans. STUDENT LOAN IS THE ONLY DEBT OUTSTANDING OTHER THAN MORTGAGE!!!! Wealth allocation: Updated net wealth graph: S&P continues downward spiral. Year to date the S&P … Continue reading 2022 – July update
Target FI number - £1,000,000 (≈$1,258,000) Current Net wealth - £280,647 (≈$353,327)Change: +£8,112.9 total month to month change in net wealth. Pension, Salary and reduction in outstanding balances of loans. Wealth allocation: Updated net wealth graph: Crypto crashes and dividend payments. Stablecoins are a core part of the financial plumbing when it comes to cryptocurrency … Continue reading 2022 – June update
Target FI number - £1,000,000 (≈$1,256,000)*Number updated to 3% safe withdraw rate for 40-60 time horizon withdraw* Current Net wealth - £272,535 (≈$342,000)Change: -£60,177 total month to month change in net wealth. Added balance of money owed which was borrowed to fund equity in house to settle and the inclusion of the outstanding student loans … Continue reading 2022 – May update
last updated 1st May 2022. 1,000k+ GBP.Text placeholder for update on expenses and calculations* type of expensemonthlyyearlypercentage of total spendMortgage£1,000£12,00035.93%isa£00.00%car upgrade alnce£200£2,4007.19%MOT/Service£20£2400.72%Breakdown£7£840.25%home improvements£25£3000.90%takeaway£60£7202.16%food£120£1,4404.31%clothing£15£1800.54%life insurance£13£1560.47%water£17£2040.61%water filter£200.06%christmas cards£300.09%stamps£200.06%floor cleaner£200.06%repeat perscriptions£9£1080.32%Investment acc fees£3£360.11%razors£30.01%flowers£300.09%dentist£1250.37%health insurance£00.00%lottery/gamble£5£00.00%Vitamins£600.18%glasses£500.15%Window cleaning£0£00.00%fuel£150£1,8005.39%Garden waste£3£360.11%phone upgrade allowwance£5£600.18%Phone contract£3£360.11%gas/elect£120£1,4404.31%distrokid£0£400.12%council tax£115£1,3804.13%toilet roll£0£360.11%haircut£16£1920.57%spotify£0£00.00%netflix£0£00.00%gifts£5001.50%Charity£0£00.00%Road Tax£15£1800.54%car insurance£25£3000.90%house insurance£0£00.00%accountant£0£00.00%internet£25£3000.90%gig£15£1800.54%tv license£0£00.00%paper£0£00.00%contact lenses£25£3000.90%shoe repair£400.12%spending£428£5,13615.38%unforseen£0£00.00%books£8£960.29%garden stuff£5£600.18%gym£55£6601.98%cleaner£0£00.00%Holiday£100£1,2003.59%hobbies£100£1,2003.59%Monthly, Yearly and total pot required (3% SWR).£2,783£33,398£1,001,94012k par time job … Continue reading What are the FIRE Numbers?
Target FI number - £800,000 (≈$1,000,000) Current Net wealth - £332,712 (≈$437,596)Change: -£22,088 total month to month change. Sale of Bonds, payment of equity in house to EX + fees to solicitors etc to settle. Wealth allocation: Updated net wealth graph: Markets, Love and life: Markets have rallied somewhat on the outlook of a resolution … Continue reading 2022 – April update
Target FI number - £800,000 (≈$1,000,000) Current Net wealth - £354,800 (≈$468,761)Change: +£5,100 total month to month change. Wealth allocation: Updated net wealth graph: Markets summary: With the tragic invasion of Ukraine - the threat of war, instability and political challenges has rocked markets. The temptation after yesterday 4th March UK FTSE 100 down 3% … Continue reading 2022 – March update