Tuesday, October 9, 2018

How to calculate economic return on loft insulation? Projected vs. Actual.


      At the time I spent about 750 GBP and 5 days to put the insulation up in the loft (including cleaning it and teak oil application to the beams and joists to protect them). I also estimated that 20% of the heat loses were going through the roof.
     The actual natural gas consumption in 2016-2017 was 24,500 kWh (at 4.28p per kWh + 14.80p standing charge a day) or 1,104 GBP a year. 
Since I installed the loft insulation 2017-2018 consumption was 16,400 kWh (at 4,46p per kWh + 19.18p per day) or 8,100 kWh less (30% reduction) at the cost of 760 GBP.  This is a saving of 344 GBP a year.
    This means that I will get my money back in just over 2 years.  I overpaid my  utility company by 500 GBP so far. Only after I contacted them, they bothered to cancel couple of the monthly payments to reduce their debt to me.
    The natural gas prices went by 5% up in the UK last year, making them among the most expensive in western europe. No wonder that the propaganda encourages people do not heat their homes, including leaving some of the rooms unheated and keeping others at 61F (16C) in the winter.  

Friday, October 5, 2018

September 2018 update ($496,946 -$4,717 or -0.9%)


↑ US 500 Stock Index Fund is up by $626 or 0.5%%
↑ Vanguard FTSE U.K. All Share Index is up by $70 or 0.5%
Grand total additions: $696

↓ Emerging Markets Stock Index Fund is down by $1,052 or 0.9%
↓ Eurozone Stock Index Fund is down by $509 or 0.4%
↓ Global Small Cap Index is up by $1,752 or 1.5%
↓ EUR is down to USD by 1.0% or $2,086
Grand total losses: $5,399

Tuesday, October 2, 2018

Family budget 2018 – Family budget over last 10 years

This is 10th year we are keeping our family budget formally, recording every expense and trying to make sense of it all at the end of the year. I am glad that we started running the budget and has kept it for 10 years. This provides a lot of wonderful insights and I wish there would be more sharing on the web, information like this.
My open wallet - family budget - expenses. Honest view.

Saturday, September 8, 2018

August 2018 update ($501,663 +$25 or +0%)



US 500 Stock Index Fund is up by $3,781 or 3.2%
Global Small Cap Index is up by $2,639 or 2.2%
Grand total additions: $6,420

Emerging Markets Stock Index Fund is down by $2,781 or 2.2%
Eurozone Stock Index Fund is down by $3,314 or 2.7%
GBP is down to USD by 1.7% or $215
Vanguard FTSE is down by 0.6% or $83
Grand total losses: $6,393
Real life updates to the financial independence - monthly updates
Monthly update on financial independence - tru real life story

Saturday, August 4, 2018

July 2018 update ($501,637 +$10,825 or +2.2%)


Emerging Markets Stock Index Fund is up by $3,197 or 2.6%
Eurozone Stock Index Fund is up by $4,302 or 3.6%
US 500 Stock Index Fund is up by $4,234 or 3.7%
Global Small Cap Index is up by $1,394 or 1.2%
Grand total additions: $13,127

EUR is down to USD by 1% or $2,087
GBP is down to USD by 1.5% or $217
Grand total losses: $2,304
Road to Financial independence July 2018

Friday, July 13, 2018

June 2018 update ($490,812 -$9,090 or -1.8%)


US 500 Stock Index Fund is up by $582 or 0.5%
Grand total additions: $582

Emerging Markets Stock Index Fund is down by $5,547 or 4.5%
Eurozone Stock Index Fund is down by $1,031 0r 0.9%
Global Small Cap Index is down by $490 or 0.4%
FTSE U.K. All Share Index accumulation is down by $241 or 1.7%
EUR is down to USD by 1% or $2,087
GBP is down to USD by 1.5% or $217
Grand total losses: $9,613

Financial Independence update June 2018

Monday, June 4, 2018

May 2018 update ($499,902 +$304 or +0.1%)

US 500 Stock Index Fund is down by $2,598 or 2.3%
Global Small Cap Index is up by $3,038 or 2.7%
FTSE U.K. All Share Index accumulation is up by $561 or 4.5%
GBP is up to USD by 0.7% or $106
Grand total additions: $6,303

Emerging Markets Stock Index Fund is down by $205 or 0.2%
Eurozone Stock Index Fund is down by $1,482 0r 1.2%
EUR is down to USD by 2.0% or $4,286

Grand total losses: $5,973
Getting to Financial Independence - May 2018 update