Getting FIREd up 😀

South_coast

Morning all, happy new year!

Is it wrong that I'm excited about doing a financial round-up today? Need BF to wake up and make me breakfast so I can go home first 🤣!

themadvix

Happy New Year SC! Not in the slightest weird (at least not in this corner of the internet) - we were disappointed that Santander didn’t instantly update our OP allowance at midnight last night so we could make the overpayment! 😂 Enjoy your breakfast!

SuperSecretSquirrel

Happy new year!

You're far from the only one SC 😁

Surely what's worse is looking forward to reading everyone else's updates 🤣 Jan 1st is the highlight of my MSE year 😳

South_coast

Phew 😅!

Right, I have breakfasted (with grateful thanks to BF), politely declined the cheese and Christmas cake he tried to send me home with, come home, put some clean washing away, put another load on, hung it up to dry and done the washing up (AKA boring grown-up jobs 🥱🙄) - now on to the fun stuff 😀😀😀!!!

South_coast

First of the month round-up....
(Last month's percentages in brackets)

Pensions: 75.1% (76.5%) 😳
ISA: 3.5% (3.6%) 😳
LISA: 23.2% (23.2%)
Cash for retirement: 0% (0%)
Cash for refurb: 13.1% (12.8%)

OK, not a great month!

South_coast

2022 round-up....

Pensions: -£4,434.12

ISA: +£4,218.71

LISA: +£5,079.03

Total: +£4,863.62

Deary me, that is not a good result on the year - I have paid in more than that 😱! 2021 was much more of a success - where's the guaranteed outcome of paying down a mortgage when you need it 🤦‍♀️?

Er, OK, 2022 financial successes 🤔
* I paid back all the money I'd taken out of the EF at the end of 2021
* I spent just under £3k getting some work done on the flat
* I filled the LISA (good job too, or I might have been in minus numbers 😮!)
* I put a chunk of money into the ISA at the start of the year when the markets crashed. It's not recovered, but the units are there now ready for when it does
* I moved my savings for a 5500% increase in the interest rate (think I've worked that out right!)
* I experienced high inflation for the first time as an adult - and coped
* I started actually saving money towards the refurb 🥳
* I paid a large bill upfront instead of the usual instalments, removing my biggest monthly commitment and taking my bills to <£200/month (until electricity kicks back in). I'll now be saving money towards this every month instead, so I'm earning interest on that money in the meantime (and if the SHTF I have a much lower cost base to cover)

There, that makes that headline figure look a little better 😅!

Onwards and upwards, have a great 2023 all 😀

savingholmes

Having such a low bills amount is impressive. 

Well done on your achievement in 2022 - I'm sure that long term the stock market will pick up and you will benefit from buying low this year - that's what I keep telling myself too.

Happy New Year. Good luck with your goals.

Merlin's_Beard

I think least said about the whole stock market situation, soonest mended!

I try and think of it as buying when the market is on offer rather than making a loss. Happy new year and may 2023 provide a bit of stability for some growth!

Jessy103

All the best for 2023, SC x

South_coast

Thanks all 😀 And just for you Jessy....

....Christopher Eccleston in Morse 🤣!