What a difference a month makes!!!
Whilst I was enjoying family bliss away from the world, the world was going to pot! Stock markets were crashing and all sorts of scares were about. I didn’t pay much attention to it, although I did see it as a buying opportunity. But mostly my focus was on family – but since you wouldn’t put a price on your kids, I’ll leave them out of the equation. So, here’s how the month went for us:
Spending totaled just under £3000 for the month. Not frugal but a good improvement:
41% was childcare
28% was household costs and car depreciation
30% was spending and in absolute figures that’s a drop from over £2000 (last 12 month average) to less than £1000 for the month.
Savings rate was 56% based on an average of 36% over the last 6 months.
On the assets front:
The markets gods did not look favourable on us. We lost over £11k (which is only -1.3% but it’s a lot of money!).
Our pre-pension funds were down by about £9,000 which is disappointing – but it just puts us back to where we were in August and I wasn’t upset then with life.
My final point to make is that our finances are relatively self-managing. I don’t think that it makes much sense to waste time worry about anything especially money and my monthly spreadsheet update is already pretty slick – easy to update and works for me. It allows me to get on with the more important things in life.