2019 has all but gone. Years pass and go all the time, but there is something about the turning of a new year that allows reflection and contemplation. In my previous post ‘Rudolph, Overthrower of Titans’, we discussed that the new replacing the old is a core idea that goes back as far as time itself, even back to the idea of Zeus overthrowing Cronus for rule of Olympus.
Now the new year is almost here, this could be seen as time for reflection. There is some credit in this (as long as it doesn’t become rumination) but this has to be coupled with the acceptance that this time has gone and cannot be retrieved. In my eyes this period of time is better used in deciding to move with purpose into the new year. The very fact that you are reading an early retirement lifestyle blog means that you at least want to start making a change in your life. A new year is typically a time to set goals, but there are so many more goals to aim for than the long game of financial independence. I’ll be thinking of some in the coming months.
I hope you all had a restful break, with plenty of quality time spent with the people you love. The winter break was busy for me, with lots of travelling and seeing loved ones.
Onto the December and end of year report. The first announcement is that my ISA value crested £50k in the third week in December, largely due to a last minute market rally. This means I hit my target without having to add any additional funds, and I have reached 25% of the target otium fund.
As most are probably aware, I’m currently using matched betting as a way to bring in some extra side income. If you haven’t yet tried matched betting, take a look at my article ‘14 Months of Matched Betting‘ to see if it might be for you. I use Profit Accumulator* to help find offers and I also make use of their tools quite regularly.
I made £311 in December – on reflection I am happy with this, considering I stopped for the last week or two. It was initially a lot higher but a particular casino offer dragged it down. The total was comprised of £221 from casino offers and £137 from sports offers.
In total the matched betting profits reached £9,267 for the year. This is short of my £10k target, but my indifference to not hitting this target has never been greater. I’m pleased with the progress this year and fate permitting I will come back just as strong in 2020.
I started this blog in the Autumn of this year, as a way of chronicling my progress. This was a big step forward from an idea that started many years ago. I’ve followed many blogs in my life and as far as I can remember I’ve always wanted to start one. Maybe it’s because I’m naturally reserved, I enjoyed writing and I wanted a voice.
I only really started reading personal finance blogs about 12 years ago. This started with the blog ‘The Richest Man in Atherstone’ by Arkad. His concept was to double his way to riches. I’m not sure whether Arkad ever made it to be the richest man (this blog is no longer live), but it certainly influenced me. At this point I was in my mid-twenties, but I hadn’t really converted.
For some reason the message didn’t really sink in until I came across the blogs of the usual suspects in the FI/RE space around mid 2015, and thereafter I subscribed to the doctrine immediately.
Even for the awakened, there is normally a long period of time to wait for complete financial freedom. There will be many contortions in the path, some of which will create more joy than you can imagine and some of which may appear to blacken the view entirely. In this blog I can combine the two areas of thought which I enjoy the most: philosophy and personal finance.
Ancient thought can lend a lot more to modern day life than most people acknowledge. My aim for the upcoming year is to expose some of these ideas and how they apply to those who are on the path to seeking a better life.
Let Me Know Your Thoughts!
This blog is in it’s infancy, and I’d love to hear your thoughts. Please use the comments form below to give feedback, or let me know how your year has been.
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