Remote Work
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Sinking Funds – How To Calculate Them
I live by sinking funds and use them for absolutely everything possible – I’m talking holidays, Christmas, birthdays, graduation, pre-planned events – you get it! They are honestly one of the most valuable budgeting tool out there. However, when you are starting out, understanding how to calculate your sinking fund goals can be hard. Enter this blog post!! What the hell is a Sinking Fund? A sinking fund is a budgeting tool that allows you to cash flow an expense, by putting money aside in advance. You essentially add money into a “pot” each month running up to when you need the money so when the time comes you have…
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How I Made £16,446 from Side Hustles
There is only so much you can reduce and cut from your budget! Eventually you will reach a certain point where to save more you need to make more. Entering the side hustle!! What is a side hustle? There are many different definitions out there but I class a “side hustle” as anything I do to make money beyond my primary source of income. Currently, my primary source of income is my student maintenance loan, paid to me by the UK government to cover all living costs. I started on my side hustle journey exactly 2 years ago, which was just after I had been made redundant from my job…
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April Money Round Up
New month means it’s time to reflect on last month’s spending and earnings! Like all of my monthly money round ups – I will go through every penny out and in of my accounts this month. As well as my net worth progress – spoiler this was a BIG month for my net worth 🤩 Why do I share this? I know it might seem weird to share this on the internet but I truly believe in creating the type of content that I love and I am currently obsessed with seeing what people spend and earn. I also believe that the best way to break the money taboo is…
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March 2022 Money Round Up
Another month can only mean one thing – it is time to reflect in a March money review! In this post I will break down every single penny I spent in March as well as everything I was paid. I will then share what happened to my net worth which was unbelievable this month!! Why do I share this? I know it might seem weird to share this on the internet but I truly believe in creating the type of content that I love and I am obsessed with seeing what people spend and earn. Hopefully you enjoy this type of content too 🤗 Context I am a full-time student…
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February 2022 Money Breakdown
2022 is flying by! I feel like the older I get the faster the years go by. A new month only means one thing… it’s time to reflect on last month’s spending! So let’s get into my February money review. February felt like a very busy month for me, both socially and academically. I literally have four weeks left of my degree – how is that possible!! – so I currently spend most of my time in the library writing essays 😅 What is a money breakdown? I started sharing my monthly money breakdowns last month because to be honest this is the type of content I like reading. Within it,…
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5 Things I Cut From My Budget
I’m lucky that currently I am able to save over 50% of my total income. I have six streams of income but live solely off one. Meaning, I am able to save a decent amount and could live off more. But I choose to live frugally to work towards my FIRE goals. So since I started budgeting, I have cut lots of things from my budget. Mostly because they don’t bring enough value to make it worth spending that money! Here are five of them – plus how much I have saved since cutting them 😉 A car Having a car was the single biggest drain on my finances! They are…
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January Money Breakdown – How I Spent £1,789.22
2022 is now way underfoot, one month down, eleven left!! I have decided to start sharing my monthly financial reviews in long format content rather than just on my instagram as I would find this complete breakdown more valuable than a pie chart! So without further ado here is my January money review. A complete breakdown of how I spent £1,789.22 – I do also share my income at the end 😉 Spending #1 Essential = £1370.84 My essential spending in January can be split two separate categories – groceries and rent. I pay my rent at the start of each term, instead of monthly or weekly. In my case,…
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What is the FIRE Movement? – The Basics
“FIRE – what the hell is that?” This is the question a close friend of mine messaged me after I made a post sharing my FIRE numbers on my instagram. So I thought it would be the perfect time to make a post all about the fire movement, the most common types and how I’m approaching it. So first of all….. what is the FIRE movement? Related Content: Financial Independence Retire Early FIRE is an acronym for the personal finance movement that is seeing people living extra frugally in their 20s and 30s, investing as much money as possible so the interest is enough for them to be able leave…
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2021 Financial Review – How I Saved 50% of my Income
In the past 12 months I have moved house 3 times, opened 7 new bank accounts, crushed my little finger, started credit card hacking, read 140 books, drove the NC500, eaten my bodyweight in crisps, zip lined off a quarry in Wales, learnt to like rosé, went to my first comedy show, threw an epic halloween party, taken countless lateral flow tests and so so much more….a hell of a year! But it’s over so now its time to dive into my 2021 financial review. It feels like moments ago that I was writing my 2020 overview… seriously where has this year gone! I can’t get over the fact that…
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How I am Budgeting for Christmas
In this post, I will be breaking down my Christmas budget for 2021 and sharing all the details! At the start of every year, I start a christmas sinking fund – where I consistently add money into it so when christmas comes around I’m not scrambling to find the money to cover all christmas related expenses. This also ensures that I won’t start the new year owing myself money – I can start January fresh and ready to take on 2022 headfirst! This year, I am giving myself a £450 budget for all things christmas. We’re talking gifts, transportation home, christmas market trips, housemas (mini christmas with my uni family),…
