Net Worth & Freedom Fund – January 2015


Freedom Fund

The accounts below generate income for me, and my long term goal is for that income to increase to a level that covers my expenses on an annual basis. The amounts display the current value, not the cost. 
  • My expenses are currently approximately £10,000 per year (£833 per month). 
  • The average yield from my dividends is currently over 5%. To be conservative, I’ve based my Freedom Fund’s yield on 4%. 

In order to cover my expenses, I will need a portfolio worth £250,000. This will generate £10,000 a year of income. My goal is to achieve all of this by my 40th birthday which is 5/11/22

The numbers in the tables below were accurate as of 31st January 2015. 


Freedom Fund
Stocks & Shares NISA £23,528.54
Taxable Shares Account £6,447.37
Peer to Peer Lending £106.75
Freedom Fund £30,082.66
% of Goal 12.03


My 2015 Freedom Fund Goal is £50,000 (20% of Target)

Net Worth

My Net Worth includes the Freedom Fund, Company Pension, Cash Savings, and my Home Equity*. It doesn’t include valuables within the house, my car, joint accounts or any of Miss FFBF’s possessions and home equity. My Net Worth is funded solely by me.

My only liability outside of my mortgage is the Student Loan. 

*My Home equity is calculated by an estimate of our house price (reviewed monthly), minus the size of the mortgage (also reviewed monthly), and dividing my share of the home equity.

Net Worth
Freedom Fund £30,082.66
Company Pension £7,295.46
Cash Saving £2,700.40
Home Equity £20,264.68
Student Loan -£5,528.07
Net Worth £54,815.13
My 2015 Net Worth Goal is £80,000 


Freedom Fund / Net Worth Tracker 

2014 Freedom Fund Net Worth
November £24,538.41 £51,113.76
December £25,030.75 £52,315.10
2015 Freedom Fund Net Worth
January £30,082.66 £54,815.13
February
March
April
May
June
July
August
September
October
November
December
2015 Goals £50,000 £80,000


How did you start 2015? Are you on your way to hitting your goals this year?

0 Comments

  • Mr Zombie

    Reply Reply 3rd February 2015

    Hi Huw,
    That is a stellar increase to your Freedom Fund from December to January. And a good increase in overall NW too. Positive start to the year. 2015 goals will be easy 🙂
    Mr Z

  • Tawcan

    Reply Reply 3rd February 2015

    Looks like you are having a great start to the year. It's awesome that your freedom fund increased by almost £5,000. Congrats!

  • weenie

    Reply Reply 4th February 2015

    Great start to the year Huw and I echo the zombie guy, what an increase in your Freedom Fund from December – great stuff!

  • Huw Davies

    Reply Reply 4th February 2015

    Hi Mr Z,

    I appreciate your positivity and kind words!

    I had a payout from an annual regular saver I had in cash. It totalled £3,700, which I reinvested into Shares. Next month will be a little tougher as my salary is due to be fairly average. I won't be able to hit my annual target unless I earn more money ultimately.

    Thanks for stopping by
    Huw

  • Huw Davies

    Reply Reply 4th February 2015

    Thanks Tawcan!

    My Regular saver payout (£3,700) helped a great deal, as I reinvested the lot. My NW took a slight hit because I took the cash out of it, but I'd prefer it that way around.

  • Huw Davies

    Reply Reply 4th February 2015

    Thanks Weenie!

    January was a one off month for me, as I had a nice payout fro First Directs Regular Saver. I had £3,700, plus some extra capital to deploy, and that I did! February will be back down to normal levels, so I'll need to make more money to keep these types of increases going.

    All the best
    Huw

  • Laura

    Reply Reply 7th February 2015

    How nice to start the year with a big bump Huw! 🙂

  • Huw Davies

    Reply Reply 7th February 2015

    Hi Laura,

    I couldn't agree more. Who doesn't like a Big Bump at any time of year?!

    The start of the year is nice to get some momentum going though. Thanks for stopping by!

    Huw

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