It’s been a busy month for us; the kids keep us busy along with work. Horrendous spending but solid income from work and modest asset growth leads to another record for our wealth.
i’ve managed to get my blog up and running again in the last few weeks and post some more posts. Fewer links and the like – but it’s maybe better to read a post instead of getting distracted with clickbait?
The Lady has been feeling a bit unimpressed with her work recently and there’s been touches of the imposter syndrome sneaking in… Not ideal and when I’m forever telling her of how rich we are, it’s hard for her to square that with having to do a job where she suffers from indifference/inertia from some of her team. So imagine the surprise when her boss tells her that she’s been doing great and will get a raise!
Great news!!! Let’s hope it’s enough to offset the coffin dodger tax grab (2.5%) and inflation (4%) – otherwise she’s getting less.
My work has been really busy and that means lots of billable hours. My engineering manager has started calling me up to chat, whereas last year he called me up to shout at me. That’s progress! (except there’s no booking code for “non-work related chat”.) I’m so not disliked that I’ve been asked to work for a few days during the upcoming 2-week tattie-fortnight school holidays. It’s nice to be needed.
Turning Down A Job
I recently came across a job that looked really interesting and 2 years ago (when I left the old sales job) I’d have jumped at the chance to apply for it but would have lacked the experience to get it. Now, I have the experience and was tempted to apply but decided against it.
Whilst it would have been an enjoyable job, it would have been full-time, highly involved and required a lot of networking, committees, steering groups, delegations, client-facing discussions and trade-shows, conferences and symposiums. That all sounds good but requires a level of commitment that I cannot give right now. I’ve been watching Mad Men (half way season 3) and I wouldn’t want to be a Peter Campbell Accounts Man again.
The job also was staff, full-time and paid about half of what I get at present (if full time). Not that the money was a big factor – I’m just a bit too old/idle to bust a gut for a job.
£5,349 for the month. Thank goodness I spent years saving money – because that level of spend is hardly sustainable and would require a salary of around £100,000 a year to finance. That amount does cover some “one-offs” and will settle-down in the following few months but the 6 month average is £4,800 – so it’s hardly a good excuse for being so anti-frugal.
Net worth was up about 0.9% month on month and 19% year on year.
Our pensions have topped £600,000 and housing equity is over £100,000 for the first time ever – the housing market here has gone crazy and since we bought our house, where we live has seen some of the strongest inflation (the good time) in Scotland. Ironically, we believed that our house was to just be a home/money pit when we bought it and I had factored that it wouldn’t become the third breadwinner in the family contributing £35,000 over the last 12 months. Hooray for house price inflation!
Whilst I do say that we are “work optional”, we are both secure in our jobs and I’ve even been promoted (of sorts). I expect that I’ll keep working for the time being and the Lady too. The transition to school for the Master was less severe that had expected and the Little Lady is turning 3 soon and growing up fast. We have their birthdays soon and we’re organising parties including a big Hallowe’en bash.
We’ve had a few parties and get togethers for friends over the last few months and it’s nice to socialise again. Unfortunately, I think that many of our friends don’t have houses large enough for entertaining lots of people and those who do probably look at me with pity and think that we’re poor (I’m going for the undercover millionaire / hobo-chic look with a wardrobe that could do with an overhaul).
The idea of being looked down upon by peers because of my appearance doesn’t bother me, but when it comes to my kids – I feel very differently. But that’s another story for another day.
Thanks for reading. GFF