Tuesday, 31 March 2020

End of the month report - April 2020

Total portfolio: £31248 (-1985)
Debt: 800 (-82)
External funds: ZERO
Car: No
Net Worth: £30448 (-1863)

Investments UK: £24406(-2257)
Investments overseas : £3934 (same)
Cash: £2789(+337)
Pension: £12092(-2283)

Total Income: £1534 (main job)+0 (second job) + 1519 = 3053
Passive income: £1519 (49.75%)
Savings rate: 6.55%

Side hustle 2 profit: £3.38
Side hustle 3 profit: £ 1508 (Betting in March)
Side hustle 4 value: £2451 (Funds spent in crypto:5067)
Side hustle 5 profit: £7.37

March was a very eventful month, with a full blown financial crisis on the top. I got almost 2k wiped out from my net worth, mainly due to the £2283 decrease on my pensions. The shares also got a hit, so overall most of the investments slightly decreased, even the cryptocurrencies lost around 4% of their value.

But, and happily by pure chance there is a but, i was very lucky with my betting on Cheltenham, right before everything (football, racing etc) got cancelled, having a nice 1500 made on the horses. Now everything else seems to stop, even the timeline. I am working to get the money i paid on the July holiday back, as i do not think that this will happen anytime soon.

And i was stuck in the home most of the time, with not much to do. I did a deep clean of the house, i did everything that i was supposed to do in the garden.

Hope everybody is well!


Sunday, 29 March 2020

March 2020

What a month!

So many changes to my actual lifestyle, and so many unknown factors added to the equation. I will do my monthly report very soon.

See you. Take care.

Saturday, 21 March 2020

Coronavirus self-isolation journal

I have always wondered how retirement early could feel, in terms of doing different things and having all the time in the world. Apparently, my wish was granted, under stranger than life circumstances. I was sent home for 12 weeks, and i am being paid, so this can be like a test for my future early retirement plans.

The conditions are not optimal, the market seems to sink faster than Titanic, but i have 3 months to fill up. We will see what is next.

The link for my journal is here.

And if you, like me, hate the fact that the gym is closed, this is my alternative for training at home (link). The website is quite good, and they also got phone apps for weight training, training at home, running and nutrition. I started 64 months ago to train with them, and they keep improving.

See you soon.

Monday, 2 March 2020

Monthly report - February 2020

Total portfolio: £33233 (+2085)
Debt: 882
External funds: ZERO
Car: No
Net Worth: £32351 (+1203)

Investments UK: £26663 (+1549)
Investments overseas : £3934 (same)
Cash: £2452 (+352)
Pension: £14375 (+226)

Total Income: £1556.38 (main job)+0 (second job) + 404 = 1960.38
Passive income: £404 (20.61%)
Savings rate: 10.20%

Side hustle 2 profit: £0.43
Side hustle 3 profit: £ 385 (Betting in January-February)
Side hustle 4 value: £2557 (Funds spent in crypto:5067)
Side hustle 5 profit: £18.84 

This is looking a bit better, but i am still far from what i want to do. The debt is a holiday that i need to pay before 3rd of June 2020. I had few expenses related to Valentine's Day (wink-wink), but otherwise last month was quite uneventful. Slightly increasing on every mark (even if everything took a fall lately in relation with the Coronavirus scare).

Healthwise, i am a bit cranky, as i try to eliminate all the sugar and the caffeine from my diet. I started slowly with only one week at the time. I will see how it will go. My focus this year is on saving enough for a deposit to get a studio or a flat for rent before next year wedding. If i manage to do this by the end of the year, i will be pleased.

See you all next time!

Friday, 28 February 2020

How to get cryptocurrency using your old blog posts

I just found something interesting, if you know what cryptocurrencies are and you already have a blog with plenty of posts. Quite easy in fact, the only thing that you need to know is that you can copy/paste your old articles from your blog, if they are original and made by you. They are checking that, but if you own them, then there is no problem.

The website is called Publish0x, a blogging platform, and the easiest way to get crypto is to select BAT (Basic Attention Coin) to be paid and to  send them at the end of every month to a Coinbase account. You will need to select the specific BAT wallet address from your Coinbase account and to sent them manually at the end of every month. You can publish up to 5 blog posts every 24 hours.

As a side hustle, using Brave Browser you can also gain free BAT, via little adds. I found this browser alright, working quite fine, and i often use it in conjunction with DuckDuckgo search engine to find some results that are different than Google (unbiased, i mean).

In a month you can make anything between 30 and 300 BAT (BAT value today 28/2/2020 is 0.21USD, so it is like £5-50). I have the maximum ads setting on Brave Browser and i got around 60 ads in the last month. You will not get instantly rich, but you will learn about cryptocurrency alternatives to Bitcoin and there are few interesting trends at the moment. Publish0x is at the moment the second rated blog platform at the profit value after Medium, and they will keep your posts in the game forever (at least this is what they claim), so if you have very interesting articles, they will potentially get you paid for years to come.  The thing is that once you uploaded 100-200 blog posts, the payments go up quite nicely. So it is like 30 days = 150 posts and then you can forget about it. Real passive investment. Just check monthly to transfer the coins from Uphold wallet to Coinbase.

If you don't understand any detail, ask me, I will gladly help.

Disclaimer, some links are referral (so we will both get a small bonus, like £5-6 each for Coinbase, for example).

Tuesday, 14 January 2020

2019 - end of the year report

                                       January 2019               January 2020

Total portfolio:                 £24643                           £31148
Debt:                                £806                                  No
External funds:                 ZERO                            ZERO
Car:                                     No                                  No
Net Worth:                       £23839                           £31148

Investments UK:             £19152                           £25114
Investments overseas :    £3606                             £3996
Cash:                               £1267                             £2100
Pension                          :£10465                           £14149

Total Income: £15260 (main job) + 783 (agency) + 1724 (match betting) + 600 (miscellaneouss) = 18367 (total gained)
Passive income: £2324 (12.69%)
Savings rate: 39%

I was feeling that it was not an excellent year, but the numbers seems to contradict my opinion. I got a net worth increase of more than 7 thousand, so must be good, and surprisingly my savings rate was almost 40% (i know, 39% but nevertheless...). If i am too be pedantic, out of seven thousands increase, almost four thousands were on the pension (mandatory and optional) and just 3000 added to my investments. The cash overseas changed slightly, only because the pound is losing value. If I am to add that i had 3 nice holidays abroad this year, if was a good one. Next year i try to see if i can manage only with 2 holidays, and i am try to pay most of the wedding stuff for the incoming year.

Until then, best of luck and keep working towards your financial independence!


Thursday, 2 January 2020

December - end of the month report

Total portfolio: £31148(+1752)
Debt: No
External funds: ZERO
Car: No
Net Worth: £31148(-1802)

Investments UK: £25114(+775)
Investments overseas : £3934 (-457)
Cash: £2100 (+1100)
Pension: £14149(+582)

Total Income: £1281.12 (main job)+0 (second job) + 300.09(probably) = 1581
Passive income: £300.09 (19.87%)
Savings rate: 12.65%

Side hustle 2 value: £0.23
Side hustle 3 value: £ 288.86 (December)
Side hustle 4 value: £1693 (Funds spent:5067)
Side hustle 5 value: £11

2020 started with a Bang. I was reaching my initial target and went over 30k. Again. Next year should be at least 35k, hopefully. But lately i lost focus, and i did neglect almost all of the side hustles, which seems to not work without any input from me. No passive income there, i would say. This year i have big plans. A bit more training, i want to achieve 15% body fat. At the moment is 30%. I know, i know that it is quite high. That's the reason that made me to start train again. We need to aim for health span, not for life span to increase, right? So, out of all my side hustles, i was just doing some match betting now and then. I prepare myself for a big move. At the end of this year, i want to make a mortgage for a rental property. I am thinking to buy a flat, semms to provide better income that a house in my area. My first buy ISA is set from more than 2 years ago, and ready to provide. I did got a promotion and a better hourly rate, but the work increased. I am a bit more tired now after work. I have also a wedding to prepare for May 2021. It will be interesting. And this year i will go in holiday twice only, as opposed to my usual 4 times a year. We need to save more.

I will compare soon my numbers with the end of 2019 and see how it was then and now.

Have a nice day!