I thought I would preface this with some figures. I have been tracking my income / savings rate since June 2018. This was when I started my first proper job (I had one before but saved nothing from it!).
It’s all very well tracking income, but the only thing that really matters is net income. Once the taxman comes this is what you are left with. Total net income is about to pass the £100k mark and that is a milestone for me. But the real reason for tracking this, is to work out the savings rate.
I’ve managed to stay around the 50% mark for a longtime, peaking at the high 50s. Below is my net income vs net worth. As you will see my savings has stayed consistent, I’ve tried not to inflate my lifestyle. The pandemic has obviously helped this!
Finally, here is the total net worth in by itself. For a simple look at my progress.
I’ll right away grasp your rss feed as I can’t in finding your email subscription hyperlink or e-newsletter service.
Do you’ve any? Please allow me recognize in order that I may subscribe.
My blog post – Concrete Lincoln NE
Thanks so much! Yes I will build one this weekend (I’m new to blogging!)
Heya great website! Does running a blog like this require a large amount of work?
I have absolutely no expertise in computer programming however I had been hoping
to start my own blog in the near future. Anyhow, should
you have any ideas or techniques for new blog owners please share.
I know this is off topic nevertheless I just had to ask.
Sorry for the late reply! It depends on how you operate it. I tend to be quite hands-off with this website. Although I would like to start challenging myself to blog daily just to see what happens. Good to have an outlet for your thoughts. Happy to chat about this if that’d be helpful.
Hi there, just became aware of your blog through Google, and found that it is really informative.
I’m gonna watch out for brussels. I’ll be grateful if you continue this
in future. Numerous people will be benefited from your writing.