Savings Report #27 – Has it Only Been a Month?

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.

Click here to see all of my past Savings Reports and view my interactive net worth chart

Man, I’m exhausted.

I feel like it’s been an absolute age since I wrote my last savings report.

So much has been changing that my brain is having a hard time keeping up, and I feel tired.

I just want to go home and cook a meal in my nice kitchen, have a bath in my nice bathroom, and then go to sleep in my Simba bed, but I can’t, this is my home now. It’s going to take a long while before I feel as comfortable as I did in the UK.

I didn’t think that I would feel this way; displaced. I thought the thrill of traveling would override all else, but after the thrill has died down, your body will inevitably miss the comfort and seek it out. Undoubtedly I will settle, but it will take time.

There is no point in focusing on savings, even though this is a savings report. I’m still recalibrating after my move to Sweden. I’m unsure when I’ll be saving regularly again, probably not until well into 2021.

The Move

We moved out of our corporate housing and into a more permeant lease a little outside of Stockholm this month. The rent is astronomical at around £1,400 per month, this is the highest we’ve ever paid. Although we plan on staying here for only 6-12 months until we can purchase a place; we’ll end up spending a lot less on mortgage interest even if we get an apartment which costs over £300k.

I’m feeling a little better at the new apartment as we were able to unpack all of our boxes from the UK, the cat is feeling more settled too!

Our Rental

We’ve found tenants for our house back in England. We managed to get a 12 month contract at £1,000 per month, although they can’t move in until the end of October. I still don’t know how much we’ll end up actually making from the rental, if anything, I’m waiting until the tenants have been in for a couple of months before I do the maths and write a post to collect my thoughts.

How did your month go?


5 thoughts on “Savings Report #27 – Has it Only Been a Month?

  1. Hi SN

    I’m sure you will settle in soon – at least you’ll be in your apartment a while longer than the corporate housing until you get your own place but no moving for at least 6 months though?

    That’s great news that you have tenants so hopefully the numbers will work out for you – I seem to recall your mortgage was a lot less than the £1000 rent you will be receiving so I’d have thought you would be making profits, even after all the agency fees/costs.

    1. Hey Weenie,

      Yeah, we’ll be staying here for at least 6 months! So we can try and settle a bit 🙂

      My mortgage was about 3 times cheaper before as I had an employee mortgage, not anymore unfortunately. We may earn some money, but the margin is so low after mortgage interest, fees, and taxes, that if anything went wrong, we’d probably be in the red! We’ll see 🙂 I just want them to move in so I can start doing some analysis.

  2. There will be a long period of adjustment I’m sure, just try to roll with it and enjoy the new adventures as much as you can and don’t worry about the savings right now. No point in living in a totally new country then not doing or seeing any of it just to save a bit of cash. Good job booking up the snowboarding, that’s a good start 🙂

    All the best mate

    1. Yeah, I wish I could come to the pub and have a chat with you! I always had ups and downs, and with this huge up, I should know by now that there was going to be a down. Our pub chats normally re-aligned me 😛

      I’ve made a couple of spending life improvements already revolving around special occasions, and we’re super excited to go snowboarding! There are actually 7 slopes all within an hours’ train ride away from where we live, really hoping to buy our own snowboards when the Mrs gets a job to make the most out of them.

      I hope all is well with you and the little ones.

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