Savings Report #16 – Time for a new Saving Ninja?

This is a Saving Ninja savings report. Go to How To Track Your Savings to check out the Saving Ninja Super Spreadsheet. Please note that I split my expenses equally with my partner and the savings rate, house equity and house value represent my share only. The spreadsheet calculates my savings rate based off £12,000 worth of expenses per year, even though my expenses are actually Less Than 10k Per Year. This is to create a buffer; I’m aiming for at least 12k to reach financial independence.

The losses continue coming from last month; I lost a total of £1657 from depreciating assets in my pension and ISA.

This actually lines up quite nicely as I’ve upped my ISA contributions for November so I’ll be getting stocks whilst they’re cheap!

However, it doesn’t bode well for hitting my 100k invested target by the end of 2019. Even with my increased ISA contributions for the next couple of months, I’ll need some serious stock growth to hit that target, and at this rate, it’s looking to drop further – but fingers crossed for growth.

My alt-investments actually grew this month! Not thanks to Property Partner, but thanks to TESLA. As I’m sure a lot of you read in the news, when Elon announced a very profitable quarter, TESLA stock rose by almost 20%! Half of my alt-investments are held in TESLA stock so I saw a nice 10% growth.

Other News

After my wedding and honeymoon, I’ve really just got the long slog down the road to FI ahead of me. The numbers are growing quickly, and there is a lot to look forward to in the coming years, I just want to get to where I’m going now.

I want to work on my own projects, I want to live on a Ranch in a different country, or at least be in a different country, I really don’t want to be stuck in my current work routine for the next 5 odd years.

A lot of people would argue that I should stop deferring and do some of the things that make me happy now, but it’s hard. A lot of my passion projects require tons of learning and dedication, like building a video game.

As I’m finding out with trying to deeply study for upcoming interviews, there’s only so much brain time you can commit to when you’re working full time. I’m struggling to even contribute a few hours a week to my studying; if I tried to make a video game as well (or instead of), I just wouldn’t enjoy it.

I keep saying to myself that I’ll just get to the next goal, then reevaluate. At least all of this saving will give me options in the future, whichever route I go down.


Relating to my previous rant, I also have a lot I want to change about SavingNinja. It was actually one of my goals for 2019 to re-build the website but I just haven’t had enough time!

To remedy this I’ve had a chat with Mrs SavingNinja, and she’s got a few post ideas that would be a great addition to the blog. So I’ll be handing the reins over to her at some point to entertain you guys whilst I focus on restructuring the theme of SavingNinja. I’ll also be working on a dedicated email series to give a little something back to my subscribers.

Mrs SavingNinja’s passion is actually English Literature (it’s also her profession), I have her to thank for my love of reading and writing. She also reviews every single SavingNinja post! So you’ll be in good hands 🙂

Interview training

Wow, I was full of such invigoration whilst writing my last post about my studious journey. Unfortunately, I’m not learning as quickly as I thought I would be. I’ve not yet had a go at any complicated algorithms (although I have a whiteboard up in my living room) and I’ve not learned much about data structures.

I have learned a lot about Big O Notation as it’s the first section of the book I’m reading. I made flashcards and did some external investigation. I think I have a pretty good grasp of the concept, so I guess I’ve made some progress.

I really would like to drastically improve the rate at which I’m learning. I have only got until June-ish until I said I’d be applying to these big hitters, which isn’t all of the time in the world, it’s just so hard to get the motivation after I’ve spent the whole day programming.-must try harder.


12 thoughts on “Savings Report #16 – Time for a new Saving Ninja?

  1. I still can’t believe that you can work in London and still spend less than £12k a year!
    Now, I have been reading a bit about you getting married and going on honeymoon – I don’t suppose the £12k covers but for some people £12k would only cover half the wedding and non of the honeymoon.

    Regarding your dreams of living on a ranch – have a watch (or read) of O’Mice and Men with John Malkovich – and work out if you are George or Lennie. Are you just chasing a rainbow?

  2. Have you heard of the book ultralearning by Scott Young? It gives very helpful information and tips on learning really difficult things in a short space of time. He self taught an MIT computer science degree in one year based on their published material online and buying the textbooks

    1. Hey Claudia,

      Yeah I’ve read his book although I couldn’t get on with his writing style, I took on some useful tips though – like focusing on a single thing 🙂

  3. Good luck with the learning/training – it’s got to be really hard, with the distraction of work, life and all those projects which you want to get on with. I have things which I want to learn too but as they’re not things I need for my job or to progress my career, I can put them off a lot longer.

    Good to hear you are doing well with Tesla 🙂 I didn’t set a particular portfolio value goal but mine went backwards in October too. Perhaps there will be a ‘Santa Rally’ which will lift the markets so you hit your £100k goal.

    Anyway, looking forward to reading some posts by Mrs SavingNinja!

    1. I really hope there is a Santa Rally! 🙂 Last year there was a ‘festive correction’ hehe.

      I need to make sure she actually checks and responds to comments too, she seems determined to remain a recluse when it comes to communicating online (other than certain sub-Reddits!)

  4. Good luck with the learning and changes ahead. Looking forward to reading Miss Ninja’s posts!

    Will there still be a Thought Experiment while you are away? We were gutted to miss the last one while on our big trip and we’re hoping to join back in!

    Well done on another solid month of saving.

    1. Hey, thank you 🙂

      Yeah they’ll definitely still be TE’s and Savings Reports that I’ll probably still write myself.

      I hope you had a good trip!

  5. Wow, at Mrs. SN reading all your posts! I’m pretty sure Mr Flte hasn’t sneaked a peak at any of my blog, but I don’t mind.

    Lol at GFF’s reference to Of Mice and Men! Dream what you wanna dream! Poetic license fully allowed too.

    I totally x10000 know what you mean by moving abroad. Hubby has no desire though. Hope to spend 6 months a year abroad once we’re conventional retirement age.

    Well done on your saving! Persistence and perseverance, it’s what we know.

  6. I can definitely relate to the struggle of finding time for side projects alongside managing a full time job. But it sounds like you’re persevering, and I’m sure writing about your projects and goals each month helps to keep you on track and accountable somewhat (unlike my own monthly updates that have gone by the wayside!!). Look forward to hearing from Mrs SN!

    1. It definitely does make me stick to my goals more! Although saying that, there have been a lot of things that I’ve started and not followed through (project happiness for one)

      It’s so much easier to start something when it’s new and exciting, but when the freshness falls away, it’s really hard to stick with it when you’re tired from work and all you want to do is flump on the sofa with a glass of wine.

  7. I found an app called “Pomodoro” very useful whilst studying. The philosophy is you study for 25mins then have a 5min break and repeat. The app times it all and lets you know when to stop and start. You then track your total time.

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