Covid hits the FU household again, with FU#4 falling ill with the virus just days after his 15th birthday.
He hasn’t been too badly affected though, only feeling poorly for a couple of days with a temperature and now slowly recovering. He must have felt ill as he didn’t even play on his Xbox.
We had a couple of family days out , including a trip to Malham cove, finishing the day with a well-deserved meal in Skipton.
We also attended the October Manchester FIRE meet-up, where we had a great night meeting both the regulars and new attendees.
Me and Mrs Fu have decided to have a dry November as our weekly date nights degenerated into twice-weekly date nights. That’s lifestyle inflation in action right there, along with the resultant waistline inflation.
Another fantastic month on the net worth front. I wonder how long this good run will last.
Original FI Target – £1.25m – to give £50k/year income @ 4% withdrawal rate.
Current FI value – £796k networth+ £466k (2xState pen £18.6k x 25) + £88k (DB pen £3.5k x 25)) = £1.351m
% to Target FI – 108.1% (105.2% last month)
Time to FI = Achieved! (achieved-April 21)
MONTHLY UPDATE AND GOALS
Last months figures in brackets
Net Worth Oct ’21 – £796,840 (Sep ’21 £760,644) +4.8% +£36,196
Assets – £988,146 (£967,802) +2.1% +£20,344
Cash/bank £7881 (£6526)
Main Home Q3 £477,066 (Q3 £477,066) +0.0% +£0
Rental Properties Q3 £196,790 (Q3 £196,790) +0.0% +£0
Pension SIPP £306,408 (£287,420) +6.6% +£20,344
Liabilities – £191,306 (£207,158) -7.7% -£15,852
Main Home Mortgage £81,150 (£81,500)
Loans, Debts and credit cards £110,156 (£125,658)
Overall Net Worth in October increased by £36k, due to a big rebound in my SIPP and lower liabilities as I paid off another loan.
Rolling year on year change in net worth from October ’20 is +£195,364 (assets +£167,510 , liabilities -£27,854)
Since we began tracking our net worth in June ’18, our net worth has increased by £382k, at an average of £9.5k per month.
My house price YOY change +11.4%. (Q3 2020 – Q3 2021 NW England)
The Equity in my main home is £395,916.
Main home and rental property values are calculated using the Nationwide House price index.
The UK annual % change in house prices is +9.9%, with a UK average house price of £250k.
SIPP Dividends paid in October were £589.
Dividends Oct 21 YTD total £5924, Av. £592m (Oct 20 ytd £4830, Oct 19 ytd £1752)
(Yearly totals – 2016 £425, 2017 £911, 2018 £1306, 2019 £2319, 2020 £5942)
Other Monthly/weekly goals
Matched Betting +£141 this month (+£160 last month)
We are still mainly doing casino offers with a little normal match betting.
Total to date since starting 47m ago £13275 Av. £277/m (£13134 to last month Av. 279/m), broken down as follows.
Casino/slot offers to date £6570(6474) = +£96 this month
Each way sniping to date £625 (£625) = £0 this month
Normal match betting offers £45 this month
Diet and Fitness
Stayed 74kg and 19% body fat. (74kg, 19% body fat last month).
Still training 3 times a week and 5 a side football.
My target is to get to 70kg and/or under 15% body fat.
I didn’t manage any longer fasts this month, so will try and get a couple of 3 day fasts in before Christmas.
eBay/selling – Nothing done this month.
Any comments/questions always welcome
Monthly Net worth since started tracking