November 2022 Update
Hello everyone! It is my birthday month this month - I turned 31 (boo - getting old). Is it me or did this year go by in a flash? I am not sure I am enjoying the cold weather being back and the joyful sing of Christmas (I am a little bit of a bah humbug).
Living Life
As it was my birthday month, I have done a fair bit along with going on quite a few work trips. Annoyingly I didn’t take many pictures. My brothers and a few friends came down and we went to the horse racing and had a lads night out. It got really messy with one of my brothers getting completely drunk and dancing with middle aged women - it was funny.
Apart from drinking and playing hard, most of my time has been taken up by wedding planning. We are almost getting there! Mainly just finishing touches to get booked.
Work has been quite stressful recently as well. Quite a bit of churn within my company with a lot of people leaving. This has meant those who are left have had to pick up the slack. No rest for the wicked!
Spending
This month was another killer. I have to say, I think we can safely say that we have blown the budget out of the park. I suppose buying Christmas gear (e.g. Christmas tree) and going out with friends is a big part to blame.
The tables below show the spending for the month. As you can see, we are a whopping 44% over budget.
The budget is also shown in graphical format below to make it easier on your eye ;).
FI Fund
This month the portfolio is in the green (well compared to last month). But how long will it last? I have to be realistic, I think we are not out of the woods yet and are probably more likely to see more downside in the months to come. I continue to buy government bonds long side global equity.
The FI fund includes our full net worth. At the moment, it is sitting at £327,825.15 which is up £9,049.56 (or 2.8%) from last month.
As usual, we track the FI fund against our FI target of £800,000. We track it by splitting our FI number into equal bars where each bar represents achieving financial freedom for each respective month of the year. Therefore, this months suggests we have reached just over 4.9 months of financial independence each year.
