Thursday, 12 January 2017

"Work is better when you don't need the money" - quote of the day

"Work is better when you don't need the money"
Mr. Money Mustache

No comments on it, just a little video for all to enjoy.

Click here to see it.

Friday, 6 January 2017

2016 - yearly report

While in 2015 i earned 16506 with only 114 passive income ( 0.7%), in the year 2016 the total income was 35073 with 19202 passive income (54.7%), coming from 8 different sources of income (one being plain old work in a full time job and few part time ones - 15871). I started several side hustle projects, 5 worthy to mention, one with 10950 profit, one with 1023 profit in the last three months of 2016, still ongoing, one with 1 pound profit from interest (still on the paper), one with 700 spent and only 45 returned and one with a loss of approx. 600. Overall, was fine, and i have at least one side hustle to continue in 2017, with an possible profit of 4-5000.

I paid 500 for a car in December 2016, with additional expenses of 74 for road tax, 20 for petrol and 57 per month for insurance. MOT due in September. I used only once and i will probably sell it, as my other half already got a car and she use it every day. Or I will start to use it. Whichever of tow happen first.

I met James Altucher and Tony Robbins (also walked on fire and trained for 4 days for 649, but these were money well spent). I paid 1500 for three holidays in Dublin/Ireland, Mallorca/Spain and Herculane/Romania.

I implemented a 12 month health plan, and I improved my health every month, managing even to get out of my daily thyroid medication at the moment.

I paid all my debts in December 2016.

So, it was a fruitful and beneficial year for me, i just with that 2017 will be at least that good, if not even better for me and you.

Take care and keep saving, because in terms of business, it is totally worth it to invest 5 years of your life working hard if the result is close to 20-22 years worry free before your retirements ( return on investment higher that 400%, you cannot get that nowhere in real life financial investment, and we talk about time, a resource much valuable than money.)


Thursday, 5 January 2017

December 2016 - Monthly report

December 2016 - Monthly report
My Overview

Total portfolio: £20437(+10233)
Debt: £0 (-2870)
Car: £500
Net Worth: £18287(+10863)

Investments UK: £8117(+6211)
Investments overseas : £2772( +808)
Cash: £3761(+2843)
Pension: £5669(+253)

Total Income: £12386 (+10239)
Passive income: £11131(89.9%)
Savings rate: 92%%

Side hustle 1 value: £392
Side hustle 2 value: £118 ( Profit December £10950)
Side hustle 3 value: £191 (Profit December £154)

December was awesome. I managed to cash in one of the many side hustles started in Spring 2016. Not so bad. Almost 11 grands to go to my portfolio. Half of it i invested in website, to try something different than my usual partners. My portfolio value doubled up, debt erased completely and the net worth just bumped  out with the already mentioned 11k. 20% of the profit i will also invest it in overseas instruments, just in case. I keep some cash in my TSB account for the 5% interest (was good while it lasted, i think it will go from 5% on £2000 to 3% on £1500 from January). The double record, savings rate of 92% and passive income of almost 90% for this month, was astounding, I hope i will manage to reach a better one in 2017. I will do some fact checks and statistics for the entire year very soon.

Have a perfect week,

Saturday, 24 December 2016

Achievement 2016: Done

I do not like to brag usually about what I do and how, but today is a very important day on my Financial Independence journey.

I HAVE NO DEBTS. I paid all my debts.


Next of the list: The annual review. I can't wait to finish it.

Saturday, 17 December 2016

November 2016 - Monthly report

November 2016 - Monthly report
My Overview

Total portfolio: £9291 10204(+913)
Debt: £2780 (+120)
Net Worth: £7424 (+793)

Investments UK: £1906(+162)
Investments overseas : £1964 ( same)
Cash: £918(+597)
Pension: £5416(+272)

Total Income: £2147 (+862)
Passive income: £838 (39%)
Savings rate: 8.16%

Side hustle 1 value: £392
Side hustle 2 value: £11128
Side hustle 3 value: £70 (Profit November £826)

November was a good month. All that i need is a glorious December to end the year in greatness. Side hustle 3 exceeded my expectations, and soon i will resume my side hustle number 2. A whooping 39% in (almost) passive income, i think this is the best of all time. And i have every parameter increasing in November (sadly even the debts increased slightly). What i can say, a good month, with a steady influx of cash. Big changes in view.

Have a perfect week,

Sunday, 4 December 2016

One year health plan - month 6

Motto: All the wealth in the world worth nothing for you, if you are not healthy.
(Financial freedom wizards manual)

Weight: 81.80 kg (2.2 kg less than 30 days before - 85 kg) at 1.80 m (5'9'') Aiming for 81 kg and 19% body fat on 1st of January.
Body fat: 20%  (4% less)
BMR (basic metabolic rate) = 1818 kcal
PAL (physical activity level) = 1.375
Energy requirement daily = 2499 kcal
BMI = 25.8

So, a decrease of 500 kcal per day should be sustainable if i eat enough fruit and veg.

1. Body
- Yoga techniques (postures, breathing and meditation) 25 sessions - 83%
- Running or other kind of training - 12 sessions -100%

2. Diet
- A 70% plant based diet (with a twist of 70% alkaline food daily), no chemicals, less sugar, better hydration (300 ml water every 3 hours when possible) - I achieve this 80% of the time, i would say.
- One day a week - 24 hour fasting - did it 4 times in November. I was slightly decreased the sugary and caffeine rich foods and drinks this monh

3. Mind
- Mindfulness techniques aka meditation: 27 times - 90%
- Brain boosting supplements - For the this month i tried: Omega 3, Magnesium, Ginseng and Ginkgo biloba solution, My herbal remedies (but for the herbal treatments i did it completely only 25% of the time).

Physical training - I did some serious running, but not much of other kind of training. I injured my food in the last day of the month, probably when I was running, so i stopped training in the first week of December
Diet - Was better than November, with less caffeine and maybe slightly less sugar.
Mind - I am getting better, but one mold infested wall will somehow phase me out creating problems to my breathing and rest. Sleep was better in November.

Wednesday, 30 November 2016

Last call - Life is beautiful

I am planning and looking and searching once again. It is time for me to reap the rewards, and this year is looking good, reported to the past five years. Second high income, the healthy weight plan implemented nicely, not too much training this month, mostly due to some injury to my feet. But the starts are aligned nicely, and everything is going according to the plan. Which made me think about that quote: "You want to make God laugh, start to make a plan.". How true is this one? No idea. I will start to do the checks for my end of the month health and financial report.

See you soon.