Its been a while….

Its been a while….

Its been nearly 18 months since ive updated the blog, yikes! i have still been plugging away at my debt and my FIRE goal i just forgot to keep the blog up to date with all the things going on lately, but heres my latest update….

Current Debt

My last debt update was standing at eye watering £14487, ouch, its now currently down to £8752, so thats around £6k paid off in 18 months which im very happy with considering im saving for a house deposit and a wedding (whilst paying bills) which is all happening this year.

Investments

After leaving my old job i transferred over my old pension to my private SIPP i have on Hargreaves Lansdown and my current investment standing is below

Screenshot 2019-03-12 at 14.30.50

The Bahamas Petroleum Company was my ‘rookie mistake’ investment which i made in 2017. My current investments into the L&G (placed on the 22nd Feb 2019) were much more researched and i tried to diversify as much as i could.

Aswell as a SIPP i currently have a very small invest in a Stocks and Shares ISA which i funded to get it off the ground.

Screenshot 2019-03-12 at 14.33.47

Future Goals for 2019

With a wedding and house deposit coming up my investments have basically come to a stand still, i have also decided to start paying off my debt before i look to invest in the market again as it makes no sense to invest and earn 4-6% whilst my debts rack up at 18.9% interest.

With the way things are headed i should hopefully be down to under £2k debt by the end of the year *crosses fingers* as im currently saving 60%+ of my income each month and will continue to do this until the debt is cleared.

 

 

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