Summary Welcome to our first 2020 spending post! Our January spending was quite good, totalling £1,789. We’re aiming to stay below £2,000 on average throughout 2020 which should be achievable if we carry on like this! We break our main expenses down into broad categories starting with the big 3; housing, food and transport. Everything else …
Category: Money
Monthly Spending – December 2019
Summary December was yet another expensive month for us. Our kitchen was the last room in our house left to overhaul, having moved in nearly 5 years ago. The update was much needed and we’re really happy with the result. It doesn’t make the spending any easier to stomach though! As we head into 2020 we’re looking to …
Monthly Spending – November 2019
Summary Not a good month for the savings rate!! In fact we’ve spent much more than we earnt this month. This was almost entirely caused by having to buy a new car – see the Transport section below for more detail. Ignoring the car for a second, we spent £2,040 which is very close to our target …
6 Steps to Financial Success as a Graduate
Top Financial Tips for New Graduates In my place of work I come across a lot of new graduates joining our company, fresh from University. This is such an exciting time in their life, as they finally start to earn their own money and create their own lifestyle. It can really be a make or break time in their financial journey. I’m writing this post …
Misunderstanding the FIRE Movement
There has been a steady increase in the mainstream media coverage for Financial Independence Retire Early (FIRE), especially here in the UK. While it’s a really good thing that our message is being spread to more people, this also brings a lot of frustration with it. Almost every time I have seen FIRE covered in the press, …
Monthly Spending – October 2019
Summary Our spending was almost spot on our target monthly amount in October! We aim for around £2,000 so this was a good result for us. A very low month in the transport category helped us balance out some big items elsewhere. We break our main expenses down into broad categories starting with the big …
Monthly Spending – September 2019
Summary Back to reality this month as we tried to settle back into our routine. If you didn’t know, we went to East Africa for all of August and got engaged in July, so it has been all change!! We break our main expenses down into broad categories starting with the big 3; housing, food and …
Monthly Spending – August 2019
Summary This was a strange month for spending because we were in Africa for almost the whole month! We had already paid for the vast majority of the trip in advance. You can see the damage in previous spending posts! We break our main expenses down into broad categories starting with the big 3; housing, food …
Inheritance
A Divisive Subject Do you plan to leave an inheritance? What about receiving one – do you factor this in to your financial plans? Inheritance is a divisive subject and people have very strong opinions on what ‘should’ be done. In this post we will explore what inheritance means to us and how we plan …
Monthly Spending – July 2019
Summary There was a lot going on this month – we even got engaged!!! Excluding the engagement ring and the £500 spend on US dollars for our Africa trip this month’s underlying spending was very much in line with our monthly averages. An annual insurance premium increased our usual housing spend slightly but we were broadly in line with our expected totals. We …