Spending
Total spend: £1,070.64
| Category | Amount | Notes |
|---|---|---|
| Entertainment (fun money, Spotify, TV licence, the lottery) | £87.72 | Two small (£1) bets on the football – both lost. Three lottery tickets – no wins. Tickets for three tribute bands – Noel Gallagher, Gerry Cinnamon, and Bruce Springsteen. The return of live music after COVID restrictions has been brilliant for my happiness. Overall, a very cheap month with COVID restrictions and things being quiet after Christmas and new year. |
| Groceries | £143.37 | Budget of £40/week = £160 for the month. |
| Health | £84.99 | CrossFit (2 x week membership) £40, PureGym (unlimited) £19.99. £25 with Gruum, mainly on shampoo bars. Gruum is an ethical skincare company based in the UK. Used a £5 voucher, and also got free delivery. |
| Housing | £588.08 | Mortgage, council tax (reduced due to having overpaid previously), gas and electric, broadband. |
| Investment fees | £51.94 | Vanguard fees. |
| Mobile phone | £6.95 | SIM only deal with Lebara. |
| Personal | £19.99 | Haircut and over-the-counter medicine. |
| Transport | £87.60 | Petrol, except £1 for parking (after 6 pm leisure rate). |
| Total | £1,070.64 |
Savings Rate
Percentage of net pay saved:
| Savings rate excluding pension | 60.21% |
| Savings rate including pension | 70.05% |
Net Worth
Starting in 2022, I’ve got more data to work with and can paint a richer picture. Last year, I wasn’t checking what my pension value was monthly, so I couldn’t include it. This year, I’m reviewing the value at the end of each month when I total my numbers.
Here’s a reminder of how finished 2021:
| Month | Excluding Pension, Including Primary Residence | Excluding Pension and Primary Residence |
|---|---|---|
| Dec | £342,913.64 | £234,378.63 |
Now, on to 2022:
| Month | Including Pension and Primary Residence | Including Pension, Excluding Primary Residence | Excluding Pension, Including Primary Residence | Excluding Pension and Primary Residence |
|---|---|---|---|---|
| Jan | £626,103.58 | £517,231.54 | £337,731.83 (-£5181.81) | £228,859.79 (-£5518.84) |
Almost all of the drop compared to December was accounted for by the decrease in my Vanguard account, with my small crypto holding dropping by around £300. When I include my primary residence, the loss is reduced because of the mortgage payment I made.
Not a great start to the year, but I’m relaxed because I’m in it for the long haul.
