Why Series: Why Track Your Networth

So, we have already considered the questions Why Save and Why Invest.  Now that you are saving hard and investing those savings, like some kind of Investment Mage, let’s have a look at the question: “Why track your Networth?”. But whoa! Easy there, pilgrim.  Before we gallivant off into the Networth sunset, we need to first figure out what in… Read more »

October 2016 – NetWorth and Savings Rate Update – It Continues

Why hello, Savings Diary… Thank you all for the love on my September update 😀 The first goal for 2016 is to try and hit an average savings rate of 60% across the year.  A lofty goal, indeed.  Like most of you, the majority of my savings each month are made up from pension contributions and monthly ISA contributions.  I also contribute… Read more »

Safe Withdrawal Rate Experiment – Month 21 – September 2016

Once again, the month has flown by at a scarily rapid pace.  Let’s have a look at where our little experiment got to. The standard recap We are now 21 months into this experiment, where Mr Z in Parallel Universe Number 1 pulled the trigger on early retirement.  This is a completely fictitious portfolio. It will hopefully give some insight into what it would be… Read more »

September 2016 – NetWorth and Savings Rate Update – Cashflow Diaries

Dear Savings Diary… Another month rolls by and another wedge of my earnings was piled into savings.  Earn.  Save.  Repeat.  That’s the cycle of the FI seeker in the accumulation phase. I’ve set myself some financial goals around NetWorth growth and a targeted Savings Rate, the idea being they will be the carrot to ease me towards financial independence.  That’s… Read more »

Safe Withdrawal Rate Experiment – Month 20 – August 2016

Well hello there dear reader.  Time has sure been flying by recently, so much that I am only just sneaking this in before the end of the month! The standard recap We are now 20 months into my experiment, where Mr Z in Parallel Universe Number 1 pulled the trigger on early retirement.  This is a completely fictitious portfolio. It will hopefully give some insight… Read more »

August 2016 – NetWorth and Savings Rate Update – Habits

Dear Savings Diary… Work has ramped back up again and it’s been another month of 12 hour days working for that bastard, the SalaryMaster. Got to keep your priorities, though. I’ve still been getting to gym nearly every work day.  The one-handed handstand edges ever closer. Across the bank holiday weekend this zombie spent his time ripping up carpets and… Read more »

Salary – the most addictive drug?

Look around you, nearly everyone is addicted.  Your co-workers, your friends, your family, hot-fucking-dam maybe even you are.  Addicted to that monthly high. Most are going through the same monthly pattern, an oscillation determined by the corporate diary.  Towards the end of the month the Horde show restraint shown out of necessity and spending is curbed.  But there’s something fizzing… Read more »

Safe Withdrawal Rate Experiment – Month 19 – July 2016

It’s been a busy July for poor old Mr Zombie at work in this universe, but Mr Zombie in parallel universe number one just continues to live off his portfolio;  The standard recap We are now 19 months into my experiment, where Mr Z in Parallel Universe Number 1 pulled the trigger on early retirement.  This is a completely fictitious portfolio. It will hopefully give… Read more »

July 2016 – NetWorth and Savings Rate Update – Habits

Dear Savings Diary… As I hinted at in an earlier post I’ve been crazily busy with work which has left precious little time for anything other than my normal half hour spent at the weekends updating my NetWorth spreadsheet. I must apologise for not responding to any comments that people have left on this blog, but alas when free time… Read more »

So…What Next?

Blimey, it’s been a busy few weeks at Work.  Work in the mornings before going into Work.  Work in the evening before climbing into bed to get some rest for getting up for Work.  Work at the weekends, that traditional break from Work. I don’t mind busy periods at work, but this one is stretching out towards a month and… Read more »