dull numbers journal

Where are you and where are you going?
10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Mon Oct 30, 2017 1:02 pm

End of October numbers:
Assets: 316,245
Liabilities : 219,058
NW : 97,187
Saving/time ratio : 97,2%

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Thu Nov 30, 2017 1:44 pm

This month is a dual fete. My first anniversary on this forum and my targets for 2017 are completed one month earlier.
This 12 months has been the best in my live (in a financial way).
Hurray for me !!!!
End of november number:
Liabilities: 218,009
Assets: 320,480
NW: 102,471
Saving/time ratio: 96,78
Well, there is a drop in saving/time ratio due to high dental expenses this month, but healthy teeth are worth every money.

SavingWithBabies
Posts: 322
Joined: Mon Aug 31, 2015 2:50 pm

Re: dull numbers journal

Post by SavingWithBabies » Thu Nov 30, 2017 2:44 pm

Congratulations! In terms of the RE part of FIRE, I realized what I wanted was FI and with it, I don't wish to retire in the conventional sense but rather work on my own ideas/businesses and/or help my family (by which I mean both my children, my siblings, my parents and those of my wife). I do want the freedom to just go on say a camping trip as I wish or spend the day reflecting. I expect with FI and leaving the day job, to be more free.

The funny thing though is that as I go along this path, I realize that much of this is mindset. In every journal, I read about people realizing they can change things now instead of waiting. I too am doing the same. So I am left wondering what exactly FI will give me and I think it is the safety net to live without the fear my family will become destitute. I see that as a wonderful thing (particularly with American healthcare) so I continue to pursue it however I also pursue a life well lived now too.

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sat Dec 02, 2017 3:49 am

I couldn't agree more @SavingWithBabies. Month after month it is more clear that FI part is more important for me than RE part. This also affect my medium/long term targets. I have so much mental energy that just leaving a job to retire wouldn't make me happy. Nomad lifestyle also is not a good for a father of two school aged kids. My dreams/plans are evoluting towards separating work from money. I follow to work just for fun, not for money, to remove money-related stress from my life.
My plans/dreams I had 1 year age are obsolate now so next year looks to be a time of constant targets improvements.

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Mon Dec 04, 2017 1:10 pm

Below my current asset allocations:

Image

Most of 2017 portfolio increase was due to savings, my bonds part give me only 1,7% income while stock ~ 5%.
Stock market in Poland is very moody, we are still 30% below 2008 tops.

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sat Dec 30, 2017 10:44 am

Great year 2017, I wish 2018 will be similar.
I don't have any particular financial plans for next 12 months. Low interest rates period slowly ends but my mortgage is still high. I still benefit from differences between mortgage Interest (lower) than bonds interest (higher) - this is weird and this is holding me from overpaid my liability, but any interest rates rise can change everything - so I need to prepare. On the other hand stock market in Poland is still bullish and far away from 2007 records so I don't want to cash my portfolio. How to connect these both targets? I need to increase my liquid (bonds) portfolio part as a must. For the next 12 months I will invest all my savings in easy-cashable assets and track the mortgage/bonds profitability.
End of 2017 numbers
------------
Liabilities: 217,062
Cashable assets : 88,650
Stock assets : 236,770
NW : 108,458
Cashable/liabiilities ratio : 40,8%
NW/future expenses ratio : 19,9%
I did a great job this year, but there is a long way ahead of me.

Image

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Wed Jan 31, 2018 12:43 pm

Hello 2018 year, welcome to subsequent frugal month in my life.
Nothing really important happened in my life, end of January numbers:
--------------
Liabilities: 216,283
Cashable assets : 93,750
Stock assets : 237,070
NW : 114,537
Cashable/liabiilities ratio : 43,3%
NW/future expenses ratio : 21,1%

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Wed Feb 28, 2018 11:39 am

February the worst month in every year for me. I hate the end of a winter, I have some sort of depressive incident there. I crave for sun, warm and long day. Fortunately Feb is over. March is so-so, it is a time to plan summer holidays, summer leave.
The only one positive thing of Feb is my wife annual bonus. This year it was quite nice ~ 14% of yearly income.
I decide to divide that money into 2 heaps - saving and emergency&holidays founds. Feb numbers are as follow:
------------
LIabilities: 216,242
Cashable assets: 101,540
Stock assets: 238,020
NW: 123,318
Cashable/liabiilities ratio : 44.8%
----------

Image

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sat Mar 31, 2018 3:59 am

March brought some minor changes in my finance. On a positive side I had got a pay rise. 7%. It was my first pay rise in current job. They have also paid me an annual bonus!!! 13% of yearly income. Great !!! On the negative side stock market in Poland went down ~ 6% this month and my portfolio suffered alike. My financial independence plans are so distant that I decide to increase my stock portfolio by 4%.
I took up gardening in my house. Last winter I ordered some kind of hothouse attached to my house to place my flowers here. Now it is time to set up everything. I have some doubts if it was FIRE rules break, am I still on my RE track? My march numbers:
---------
Liabilities: 215,673
Cashable assets : 108,000
Stock assets : 237,870
NW : 131,067
Cashable/liabiilities ratio : 50%
---------------

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Mon Apr 30, 2018 12:39 am

End of april numbers:
----------
Liabilities: 213,322
Cashable assets : 108,400
Stock assets : 241,925
NW : 137,003
Cashable/liabiilities ratio : 50,8%


Image

2Birds1Stone
Posts: 238
Joined: Thu Nov 19, 2015 11:20 am

Re: dull numbers journal

Post by 2Birds1Stone » Mon Apr 30, 2018 9:37 am

What does an average month of spending look like for you these days?

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Mon Apr 30, 2018 12:24 pm

Monthly spending (in Polish currency 1 EURO = 4,2 PLN)
----
House bills: (water = 80, electric = 200, gas = 150, local taxes = 50, internet connection = 50, taxes + insurance = 50)
total = 580 PLN
car: fuel = 150, (yearly insurance + maintenance)/12 = 250
total = 400 PLN
2 x commute combined ticket = 250
food = 1100 PLN
one offs: (dental service, medicine, kids expenses e.g. orthodontic, clothes) = 250 PLN
Emergency & holidays & home improvement found = 500-700 PLN (this found cover all unexpected expenses)
So, average monthly expenses are ~ 3300 PLN + 800 PLN mortgage
Salary : 5600 PLN + 3700 PLN = 9300 PLN,
average monthly savings increase (including mortgage balance reduction) = 6000 PLN
I try to keep off life style inflation but it is not easy having 10 & 15 y.o. kids.

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Thu May 31, 2018 6:04 am

End of may numbers:
-----------------
Liabilities: 212,051
Cashable assets : 110,500
Stock assets : 243,524
NW : 141,975
Cashable/liabiilities ratio : 52,1%

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sat Jun 30, 2018 1:19 am

Just next month of "rolling stone on the hill". Something changed in my workplace and I enjoy my work more.
Is it my attitude of being more FI with every month?
I feel good not having pressure to earn money. Separating work from earning money is great!!!!
On the negative side, main stock index went down again and my stock portfolio didnt perform good.
So, end of june numbers:
---------------
Liabilities: 211,456
Cashable assets : 114,000
Stock assets : 244,333
NW : 146,876
Cashable/liabiilities ratio : 53,9%

wolf
Posts: 588
Joined: Fri Jan 06, 2017 5:09 pm
Location: Germany

Re: dull numbers journal

Post by wolf » Sat Jun 30, 2018 2:11 am

10cents wrote:
Sat Jun 30, 2018 1:19 am
Just next month of "rolling stone on the hill". Something changed in my workplace and I enjoy my work more.
Is it my attitude of being more FI with every month?
First of all, congrats to the increase of your NW. A change of +3,5% from month to month is not bad. You are making good progress!

Secondly, I feel similiar. Nowadays I enjoy work even more compared to the last few years. I think it has to do with the "monthly saving for FI"-attitude. That's for sure a positive influence. You can almost see it as you have increased your FI-feeling by 3,5% compared to last month. ;)

Thirdly, I think that someone with FI-money is more confident to "craft the job". With that I mean, that it is possible to negiotiate job-related terms in your favour. For example, last year I asked my bosses to work more from home and to work more flexible times. I was confident enough to ask for such things. And guess what, they said yes. So that increased my satisfaction with work even more.

What changed in your workplace? Why do you enjoy work more? Is it just your attitude or something more?

10cents
Posts: 20
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sat Jun 30, 2018 3:23 am

@wolf
I can't name what changed in my workplace but it mostly happened to me, not by any changes in the company.
In work I rejected all corporate bull*t and focused on problem solving. In a way I'm the best employee in a team because I can tell the truth, ask uncomfortable questions and warn about problems everybody doesnt want to see.
I can be honest with myself and not pretending who I'm not.
I can take up with difficult tasks without fear of defeat.
I can ask for help without a hesitation. World changes so fast that it is normal that i don't know everything. Asking for help doesn't make me weaker. I also willingly help to other because I don't worry of being redundant.
I dont have to "hide" my knowledge. I'm trying to regard my work as solving jigsaw puzzles, don't look at money and treat as intellectual exercises with friendly fellow coworkers.

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