This post is about very early retirement and financial freedom, with a pinch of stoic minimalism and just the right amount of frugality. I started this journey in December 2014. You can join me and see when I will reach my goal. You can learn from my mistakes or give me tips and tricks. Good luck and a good journey!
Total portfolio: £113862 (-633)
Debt:1115 (-275)
External funds: ZERO
Car: No
Net Worth: £112747 (-358)
Investments UK: £68927 (-1248)
Investments overseas: £1415 (0)
Cash: £10390 (+590)
Pension: £32507 (+25)
Passive income: £792 (53%)
Savings rate: 16.80%
Side hustle 2 profit (Royalties): £ 3
Side hustle 3 profit (Match betting): £0
Side hustle 4 value (Crypto): £741(All my funds invested in crypto were recovered)
Side hustle 5 profit (Focus groups): £0Side hustle 6 profit (Internet):£0
Projects to follow up in 2024:
Hive - 14.72% completed (generated $226 this month)
Across - 37% completed (generated $257 this month)
Shares Account no.1 AJ Bell 10K - 17.40% completed
Shares Account no.2 Freetrade 10K- 10.80% completed
Cash 10K - 90% completed
A moderate drop of around £2K due to the crypto value drop. Besides that, the worst month in terms of profits, after January, shows that the economic crisis is not over yet. Royalties are down to almost nothing lately. But we must go on, again and again. I am very close to reaching the 10K savings for the emergency cash fund. In the next two months, it may be done. Then I go for some shares. 2 accounts of 10K each, until the end of 2025, as the plan goes for now.
I wish you a good year too!
G.