August Update

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

  • 0.85%
  • £1,259

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

My first ever blog post….argh

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.