Summary Our first full month of lockdown has had a huge impact on our April spending. Our total spend for the month was £1,559. This is well within our £2,000 target. It's actually our second lowest month since we started tracking. Beaten only by August 2019 when we were in Africa and most of our accommodation …
Category: Money
Monthly Spending – March 2020
Summary What a strange month!! Our March spending is slightly different to normal to reflect the current situation we find ourselves in. As we’ve detailed in our recent posts, our lives have changed massively. We’re hoping the lockdown will help us to reduce our expenses even further, especially as our income looks more unreliable by the …
Monthly Spending – February 2020
Summary Our February spending went slightly over our target of £2,000 with a total spend of £2,391 because of a few big expenses. Most of these were annual amounts so should average out through the year. See the sections below for a breakdown! We break our main expenses down into broad categories starting with the …
Monthly Spending – January 2020
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 …
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 …