Let’s talk numbers. This month I saved the usual 38% of my gross salary as usual with around 17% into cash and S&S ISA, and increased my net worth (exc DB pension) by
My S&S ISA did OK with growth of 0.85% excluding my regular monthly investment. Am still hanging on to my Royal Mail shares hoping for them to crawl back up to the purchase price, so the £68 increase is good but I know I should sell and cut my losses. No growth in my DC pot despite investing £241, looking on the positive side – buying low(er).
Actions for next month
Reinvest the RMG dividend due in Sept
Monitor my spending to see if I can increase my savings and investment
Increase investing and reduce saving. Invest the £225 of the £250 I usually save
Hello my name is the squirreler and I love personal finance. I love that it provides me with tools, techniques and a mindset to achieve my goals – but I love reading about it, listening to podcasts and messing about with spreadsheets just for the fun of it!
I think about it as like my love of maps, again I love that they help me understand where I am, visualise where I want to be and how to get there, but actually I just love maps, the beauty and utility of them.
So why am I starting a blog, what do I want to get out of it and why do I think you might be interested?!
I’ve been quietly getting on with my financial independence journey before I had even heard of FIRE, and now I am ready to start talking about it. No-one likes to talk about money do they? It is seen as boring, something personal (akin to talking about your sex life), self centred or braggy, a touchy subject… take your pick.
Well I am outing myself (slowly!).
I want to
Document my journey – have a record for myself at least
Understand myself more, my biases, world views and challenge myself – there is nothing like writing it down, trying to create coherence from fragments of ideas to really understand what you think and why
Explore ideas, reflect on my journey and the journey of others, learn and take action to improve
Get feedback and challenge from others
Engage and network with other bloggers
Why should you be interested?
I have no idea, I do hope people find it interesting and useful and I will always challenge myself to suggest actionable tips and take aways’ (if just for myself).
But please bear in mind, I have no financial qualifications or credentials and nothing I write constitutes advice – I am just an ordinary person trying to do something which I, at least, think is extraordinary – be financially independent and live my best life.