Savings Report #30 – Goodbye 2020

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

We had another good month of stock market growth, with my funds increasing by roughly 2.5%.

I wonder if we’ll see this growth rise further as the world starts to gets back to normal?

The stock markets levels are already above what they were when we crashed back in March.

I just missed my 200k net worth goal for 2020, boo! But back in July I did sell £8,224 of my Tesla stocks. This cash is still waiting to be reinvested (as part of our Swedish house purchase,) so we will see this re-enter the SavingNinja portfolio as ‘House Equity’ very soon. So maybe I kind of did hit it?

I’m still unsure if I should have a cash section in the spreadsheet, as normally I wouldn’t like to hold very much of it above my normal emergency fund, I also don’t want my normal spending to effect my investment savings reports.

Other News

The SavingNinja family finally got back on the snow over Christmas in northern Sweden. We had fun snowboarding on our new boards, the weather was pretty cold and windy, but Åre really was a winter wonderland.

We’re hoping to get our again in early March!

The trip cost us £763 each for an 8 night stay with 8 days on the slopes, which I think was a pretty good deal as Åre is notorious for being expensive. Here are the cost breakdowns:

  • £850 for 8 nights in an AirBnB with a kitchen, it was right next to the slope (ski in, ski out.)
  • £215 for two return train tickets in first-class (we treated ourselves as it was a 7 hour journey!)
  • £462 for two 8-day lift passes.
  • We cooked and bought booze as we normally would have at home, with one restaurant visit as a treat. (There is nothing like bringing a hip flask of peppermint schnapps up the mountain with you!)

Even though I think that we got a good deal, this was still £1,526 between us which we could have invested in the stock market. It’s still a hard pill to swallow. The cost of lift passes are just crazy, maybe we’ll have to start hiking up the mountain. Although, maybe we should be making the most of it now before we have kids?


The site seems to be working pretty well on the Google Developer Console free-tier. I’ll continue to monitor it for a couple more months and if it is still free, I’ll write a guide on how to set up your blogs as well.

I’ve been meaning to update my theme for the last couple of years, I hope 2021 will finally be the year that I get that done!


We’ve been here now for 5 months, it is still not really feeling like home. We have committed to staying here for a minimum of 3 years though! And we’re still looking for our first Swedish house to purchase, maybe we’ll start to feel a little more comfortable when we move out of a flat?

I’m also still on my probation at work for 1 more month, even though I’m sure that I’ll pass, there is always a thought at the back of your head whispering that you won’t, so it will be a relief when the first 6 months are over.

It’s still like COVID isn’t really happening over here, although we’ve never experienced life in Sweden pre-pandemic. We still got to go on holiday, everything is still open, the only thing which is frustrating is that my workplace office is still shut.

It helps that we don’t have live TV either, there isn’t much COVID coverage on Netflix 🙂

2020 reviewed is coming up soon! As well as a new set of graphs, the savings spreadsheet will also become international to support my new multi-currency portfolio. I’m planning to have the option to input an array of different currencies and have the spreadsheet automatically look up the exchange rate and convert it into dollars.

How was your Christmas?


10 thoughts on “Savings Report #30 – Goodbye 2020

  1. Glad you’re settling into life in Sweden – the snowboarding trip looks great! Pretty jealous of you at the moment, especially as it sounds as though Sweden is fairly open – things are getting worse and worse in the UK!

    All the best for 2021, looking forward to seeing you smash your goals. £250,000 net worth up soon?!

    1. Yeah, I’m hearing pretty bad things from our family back in the UK, I think no matter how bad it gets in Sweden, they’ll still be ‘lagom’ about it.

      Here’s to hoping for 1/4 of a million in 2021! I’ll be cheating a little as soon (hopefully,) we’ll be dropping around £45k into a new Swedish house so my ‘home equity’ will shoot up increasing my net worth as I include that like a savings account. But I’ll still need to get my ass into gear and start saving monthly again if I want to invest the other 20 odd thousand to make it to £250k.

  2. Great to see your progress. I was literally going through your older savings reports yesterday and re-reading your “boggy marsh” 2-part article is giving me the motivation to make 2021 a big year financially.

    Thanks for the great content (I’m upping my pension contributions in 2021 thanks to your article about bridging/pensions)

  3. Happy new year, SN!

    Looks like Sweden is a much more fun place to live at the moment. As AWTL said above, the UK appears to be inching closer and closer to a full lockdown.

    Looking forward to seeing your guide to the Google Developer Console. My hosting plan is due to come to an end later this year, so I may be tempted to give it a go.

    Hope you have a great 2021!

  4. Happy New Year to you both!

    Loved the snowboarding pics – wow!

    Costly yes, but aren’t all such trips, or perhaps it was just mine going to a resort in Japan? But yeah, may as well enjoy things like this in Sweden while you can, especially as you are only committing to being there for 3 years and as you say, do these things before you have kids (although GFF seems to drag his kids along to his ski-ing trips?).

    I’m sure all will go well with the probation (though do understand the stress because I worried over mine too needlessly!) and you’ll be a ‘permie’ before youi know it!

    Interesting to read how relaxed it still is in Sweden; here, it looks like we’re going back to the strictest lockdowns we experienced back in March – at least we know what to expect this time round!

    All the best for the year!

    1. Happy new year Weenie!

      Yeah, the cost of the lift pass seems to drag it higher, now we’ve got our own boards at least we won’t have to pay for rentals.

      I wish you all of the best and hope that you get through this next UK lockdown!!

  5. Hej hej,

    A blog post on the process of getting a mortgage and buying a property in Stockholm would be interesting. You mentioned it was cheaper than renting and looking at the 2nd hand market that seems to be the case!

    1. I’ll be sure to write down our experience. We actually just made an offer and was accepted yesterday! But it’s a 53 minute commute outside of Stockholm, in the municipality with the lowest tax in Sweden; Österåker. That 1% cheaper tax will make a huge difference when selling company stock.

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