Welcome to my first post which will go through my current financial situation, goals and plans. I’ve already been saving for a couple of years. But have decided to take this more seriously and have created a blog for me to track my own progress. Feel free to come along for the ride!
I didnt start my working career into my mid / late twenties due to personal issues.
I’m currently on between £35,000 to £45,000 a year in the North West. I sometimes get a bonus but not guaranteed. I claim some expenses and mileage.
As of today 2nd of June 2025, my current finances are as follows;
| Cash (Current Account, S&S Cash, Savings) | £10,786 |
| Investments (S&S ISA) | £10,729 |
| Liabilities (0% Credit Card) | -£993 |
| Total “Liquid” | £20,251 |
| Pension | £21,749 |
| Total | £42,270 |
I’m making it my aim to post every month an update on the finances and an explanation of why it’s gone up or down. My goal is to start putting at least £800 a month consistently into investments hopefully, I will end up being able to save more by blogging and breaking down each spending category.
I’m also looking forward to seeing how my investments do.
I use firefly and Moneyhub to track my finances. With firefly I only use the Reconciliation feature by entering the ending balance for each account and posting a Reconciliation transaction to bring it to the correct value. This allows me to track my net-worth without having to enter each transaction.
Moneyhub on the other hand is linked directly to most of my accounts and does pull transations for me to look at.
Firefly currently goes back to November 22 where my networth excluding pension was £143 It has thus grown around £20,000 over the last couple of years.
If you have any feedback on how I could make this more interesting I would love to hear it.
Till next time!
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