Quarterly Returns – Q4 and 2019 in Review

Quarterly return posts supplement my monthly Financial Dashboard, covering investments in detail and looking at my yearly targets. Here I track purchases and sales, document progress against my (in progress) investment strategy, and discuss re-balancing and changes over time.

Year two of tracking down, time for another review. After the tumult of 2018, 2019 has been a year of consolidation. There were no house moves, no big projects or events, and only one foreign holiday. It’s been a year focusing on finances and career, steadying and preparing for some big bills and life changes in 2020. But how did I get on for my 2019 goals?

Q4 Returns:

Net Worth

  • Cash Savings Accounts £7,600 (+3,200)
  • Investments £2,990 (+£1,440)
  • Property £40,500 (+£6,100)
  • Cars £2500 (£0)

My net worth now sits at £~49,700, a significant increase of £20k over the course of the year. I set a goal as part of my yearly targets to save 25% of my income in 2019. I narrowly missed out when you look at raw saved cash and investments, saving only 23.53% (15.59% pre-pension).

Yearly Targets:

Goal 1: Build an emergency fund

My first 2019 goal was to build an emergency fund, as per the r/UKpersonalfinance flow chart (1). My goal emergency fund is three months total household expenses (£6k) in my name, plus a further three months (£6k) held jointly.

I now currently hold £6,700 in my name, and £1,800 held jointly. I reached the £6k figure as I’d hoped, but I’m not going to rest on my laurels. I currently hold over half of my emergency fund in high interest current accounts, and I’ve found it irritating to meet the requirements of my FlexDirect account (certain amount of transactions, certain amount in/out). The FlexDirect bonus rate is up fairly soon, and most of the high interest current accounts have dried up with rates falling back to those matching regular savings accounts (2, 3). When the interest period is up I’ll move it over to somewhere like Marcus. I also have £1.5k in my Starling account. Some of that is saved for a new car rather than a simple emergency fund, and in anticipation of that expense I’m going to be paying into my 3% Monmouthshire Regular Saver for the next ten months. Our joint account also pays into a regular saver, and I need to have a think about how I’m going to increase our joint emergency fund alongside paying for some property renovation work in the next few months. This will therefore remain a goal for 2020.

Goal 2: Pay off short-term debts

Debt

This was achieved in Q3, but I may yet make a dip into short-term borrowing to buy a replacement car or to pay for building costs. Some of you may be screeching ‘lifestyle inflation’, and I take the criticism. My reasoning is this: as described in the Bangernomics 2019 post, my current car is due some a serious amount of repair work and pro-active maintenance. This will cost more than it is worth. Rather than spending this money for no gain, the temptation is to trade in for the next cheap and cheerful daily. I am as yet undecided, and while I am deciding I accrue further savings to purchase outright. As for the property matter, we have renovated six of the eight rooms in our house. One of the final two needs some structural work, and is generally vile. The work is going to cost maximum £8-10k. With that done we will have a finished home in a sought-after area, which will be readily marketable if we ever had to sell quickly. Getting the work done ASAP will give us a generally nicer life, and increase our liquidity. We’ll use a combination of savings, 0% interest credit cards and possibly borrow again from family. Not ideal, but it fits our joint choices.

Goal 3: Save 25% of my earnings

Savings Rate

I calculate my savings rate using this formula:

Savings rate as % = ((Income – spend) + Cash savings + Investments + Pension contributions) / (Income + Pension contributions)

So I sort of missed this goal. Remember how I said my raw saved cash and investments, for 2019 was only 23.53% (15.59% pre-pension). It’s always bugged me that my savings rate doesn’t include my mortgage payments. The increase in equity from the principle payment is a form of savings, right? So I changed my formula…

Savings rate as % = ((Income – spend) + Cash savings + Investments + Pension contributions + (half of principle mortgage payment)) / (Income + Pension contributions)

This makes more sense to me, as it means my savings rate comes closer to my absolute increase in net worth. Based on those numbers, my average savings rate for 2019 was 29.61%. My net worth saw a tasty 69% increase over the year, helped in part by increased equity as our property value went up. With this new formula, and a plan for incremental improvements, I aim to save 30% of my income in 2020.

Goal 4: Live more sustainably

Way back in January I took the WWF Carbon Footprint calculator, and we had a whopping 169% of our target footprint. At the end of the year, the calculator estimates we’re now down to 108% of the UK Average.

Carbon Footprint

Percentages

The main improvement has been from reducing my travel footprint through fewer flights. Our diet is more healthy, more local and seasonal. We lose points for the new furniture we’ve bought, our meat consumption (I have many thoughts challenging this, but for another time), and my work car commute. I refuse to damage my cavity walls with insulation. I think the loose top line goal has helped with all the simple changes we can make, so now it’s time to look in a little more in depth way. First, I want to know how much I’m saving by growing my own. Second, I want to look at changes I can make to reduce my carbon footprint.

Goal 5: Commence investing

As a yearly goal, this is a win. I’ve gone from nought to £2,990 in investment accounts and seen a healthy return on my invested capital. I’m aware this is pretty small potatoes for most FIRE bloggers, but this is not a pension or a SIPP. The NHS pension provides me with (theoretically) something better (supposedly) than either. This is me breaking the psychological initiation barrier on a good old ISA. The next step will be to reduce cognitive drag, and automate.

Diversification

My investments remain solely in Crowdfunding and my Vanguard ISA. I have a small amount in my FreeTrade account, mainly there to be available for the free share offer. If you want a free share for joining FreeTrade, drop me an email.

Global

In the passive core of my investments, I paid irregular sums into my existing holdings (Developed World ex-UK and FTSE Global All Cap). Automating my investments should regulate the amounts, and following my incremental plan, I’m going to increase the amount I try to put in every month by £50. Looking at the graphs would suggest I’m US-heavy, as the market would expect. This visual representation bothers me, because although it’s true of my ‘portfolio’, it’s not true of my net worth. The vast majority of my that is in the UK housing market. I find myself talking across purposes, with goals and targets that differ depending on whether I’m talking about the ‘portfolio’ or total net worth. This is something I’ll be looking at in 2020, as I try to build my investments to diversify away from UK savings and property equity.

All this talk leaves me with the following 2020 Goals:

  • Goal 1: Build an emergency fund
  • Goal 2: Save 30% of my income
  • Goal 3: Calculate savings made by growing my own food
  • Goal 4: Make changes to reduce carbon footprint
  • Goal 5: Automate investments and savings

Good luck to everyone with their own 2020 targets,

The Shrink

References:

  1. https://www.reddit.com/r/UKPersonalFinance/
  2. https://www.bankaccountsavings.co.uk/calculator
  3. https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/
  4. https://footprint.wwf.org.uk/#/

Bangernomics 2019

I preach, but do not devoutly practice, Bangernomics; do as I say not as I do being a common mantra among the medical profession as they down their sixth pint surrounded by a cloud of cigarette smoke. For the past five years I’ve kept spreadsheets tracking every cost from my motley parade of shonky motors. Inspired by a recent JL Collins post, I thought I would share my yearly running costs here (1).

The current fleet stands at the 15-year old daily driver, and the classic, which MrsShrink never tires of telling me is older than her. There’s also MrsShrink’s car, but I don’t include that in the numbers as it’s entirely her property. This fleet is much reduced compared to recent years, generally more reliable and responsible, and less of an environmental waste hazard. At one point I had vehicles and parts scattered across several counties, and inhabited by a surprising variety of flora and fauna.

The reduction in general tat has come with the realisation that owning said tat is less a joy, and more a millstone. My head hung heavy with the weight of untouched projects. I can only physically drive one car at a time, so better to make it one really good one, than lots of good-ish ones.

The daily driver is a good-ish one, bought at 11 years old on 80,000 miles for £2,000. Four and a half years later it’s ticked round 135,000. Here’s the vitals for 2019:

  • Completed 14,000 miles
  • Required £1,052 in repairs and pro-active maintenance
  • Cost 16.54p/ mile in petrol, for a total of £2,316 (I use the fuelly app to track my fill-ups and spending (2))
  • Plus ~£300/year in tax
  • And £350/year in insurance
  • £0 depreciation – it’s old!

For a total annual cost of £4,020, or 28.7p/mile.

It’s been an expensive year for repairs, with a new clutch costing £650. Beyond servicing and perishable parts there was nothing else out of the ordinary. Unfortunately the old girl is starting to reach the age where lots of things go wrong every year, and it’s time to evaluate the trade-off of ‘better the devil you know’ versus ‘shiny new thing’.

Now I would never buy a shiny new car. My favoured choice is buying something ten years old and running it for five years, hitting my own personal sweet spot of depreciation vs reliability. As for data to back that up, well the clever spreadsheet jockeys over at r/UKPersonalFinance have come up trumps.

Seven months ago, /u/tirboki posted this thread (3). They wrote a python script which scraped data from Autotrader on price, age and mileage, and then compared it to data the DVLA publishes on MOT failure rate. This produced some fantastic results:

But was also largely based on summary data, and therefore wasn’t nuanced. Their suggestion was that:

If you want to own a car for 1 year, buy a 5 year old car. If you want to own a car for 3 years, buy a 4 year old car. If you want to own a car for 8 years, but a 2 year old car. If you want to own a car for more than 8 years, wait for the right month (August, February) and buy a brand new car. (3)

Now I’m not going to buy a brand new car. Nor am I going to buy a base model car. /u/tirboki went on to publish a further analysis thread recently, breaking down the DVLA MOT statistics further (4). This looked at the time it took for cars to go from peak volume (i.e. the most number of the road), to 5% of peak volume, as a marker of life expectancy. There’s a great variety here, a bimodal distribution where high end marques outlast lower quality manufacturers by five years (4). Top spec models also outlast base models.

So where does your car fit? /u/adam-a has the answer for you, developing a website rate my ride which produces MOT survival curves for popular car models (5, 6). It allows you to navigate MOT pass rates as a proxy for reliability (but actually for maintenance and quality, but close enough).

My buying criteria have been <£2,000, around ten years old, high end manufacturer, high spec model, regular servicing and few failed MOTs, moderate mileage (aiming for 6-8,000/year). Cars that spend years inactive tend to come with their own problems, and are often a worse bet than something high mileage but cared for. Ten year old models of my current daily have 80% MOT pass rates, compared to 72% for a Vauxhall Astra. At 15 years the daily is still 68%, the Astra 62%. Worse when mileage is factored in.

So is it time to buy something new(er)?

Bangernomics says it’s time to get rid when the cars value is less than remedial work. I’m anticipating another £1,000 year of maintenance, and with that the cars value will be £750. Being averse to debt, I’m planning to save up for the replacement. When it comes round to it I’ll document the sums here with reasoning (like Mr & Miss Way) (7). I’ll also make use of the excellent UK vehicle stats website (8). For the time being the old girl will continue to see service, but the chop beckons.
References:

  1. https://jlcollinsnh.com/2019/11/10/what-does-buying-a-new-car-really-cost-over-the-years/
  2. http://www.fuelly.com/
  3. https://www.reddit.com/r/UKPersonalFinance/comments/bv4wwc/faq_on_car_ownership_answered/
  4. https://www.reddit.com/r/UKPersonalFinance/comments/czk6ps/life_expectancy_of_cars_an_analysis_using_dvla/
  5. https://www.reddit.com/r/UKPersonalFinance/comments/cz4x5v/inspired_by_a_post_here_a_few_months_ago_i/
  6. http://ratemyride.info/about
  7. https://awaytoless.com/how-to-buy-a-car/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-buy-a-car
  8. https://www.vehiclestats.co.uk/

The FIRE Cemetery (January 2020 Edition)

Here lies a list of blogs now deceased, moved on to fairer lands…

On life support (>3 months since last post)

  • The Finance Zombie – Last post in February 2019, infrequent prior
  • Early Retirement Guy – First post 2014, most recent June 2019, and that was a six month update – Guy posted an update the day this went out. He’s had a very eventful year, so I recommend a read.
  • Make Save Invest Money – Leon was posting from December 2017 to January 2019, and then appears to run out of steam
  • Formerly Skint – Weekly money diaries started in January 2018 and dried up in January 2019
  • Frugal Student – Lewys started in August 2016, last post in April 2019
  • Big Blue Money – Last post by Russell was in Jun 2019
  • Disease Called Debt – Seems to have started around 2013, with last post about July 2019. Ad-tastic
  • FIREthe9to5 – Genuinely sad to see this up here, last post in July 2019, by which time they had retired early.
  • UK girl on fire – Posted from April to July of 2019 (with a lot of apparent inspiration from indeedably)
  • Finance Your Fire – Marc participated in lots of the FIRE blogging scenes Thought Experiments etc, but last posted in August 2019
  • Left FI – Blogged from May to August of 2019
  • The English Investor – Last post at the end of August 2019
  • Pursue Fire – Dan started in July 2018, last post September 2019 – Dan also posted an update just after this blogpost came out.

 

In the morgue (dormant for >1 year)

  • Fire in London – First post in Nov 2016, last in December 2018
  • Deliberate Living UK – First post 2017, last from Wephway was in January 2019
  • Sex Health Money Death – Jim first posted in August 2015, and the last post was August 2018. At that point he was close to retiring, so he may well have blogged his last.
  • Under The Money Tree – One of the original few, now dormant since December 2017

 

Dead and buried

 

The Lazarus circuit

These are bloggers who have returned from the edge, touched the void, etc:

  • Sparklebee – After a six month hiatus returned to posting with the news they quit their job and were truly on countdown to FIRE!
  • 3652 Days – Fairly infrequently updated.
  • Rockstar Finance – Is now back under new management.

 

If you can think of any more please leave a comment below, and I’ll periodically return to update.

I am indebted to /u/reckless-saving over on /r/FIREUK, who makes this post so much easier.

The Financial Dashboard – December 2019

The goals for December were:

  • Continue to exercise 4x a week
  • Keep a record of all dietary intake (what gets measured gets managed)
  • Sell 5 items (need to get back on my de-clutter)
  • Save 30% of my salary

Checking the assets and liabilities:

Dec 2019 AssetsDec 2019 Liabilities

These are taken, as always, from my Beast Budget spreadsheet. This month my net worth grew by 14.42%, though not due to any stonking savings rate. Instead it was down to a house revaluation, which brought our equity up in our home up by £20k. My savings rate missed my goal at a measly 23.85%, leaving my average for the 12 months at 23.52%.

Goals:

Goal failed: Continue to exercise 4x a week

Work, Christmas parties and a break away to stay with family meant that I only managed three times a week. There’s a recurring theme this month…

Goal failed: Keep a record of all dietary intake

Failed at this too. I’ve downloaded an app to try for January.

Goal failed: Sell 5 items

Nope. Next…

Goal failed: Save 30% of my salary

Not even close. Should and could have been, however we had a plumbing emergency the week before Christmas, requiring a dip into the emergency fund. A couple of years ago this would have gone on a credit card, and hung around my head like a noose for the following year. Now the £2k could be paid immediately, without breaking a sweat, and the emergency fund topped straight back up at the end of the month.

Budgets

  • Groceries – Budget £200, spent £195.46, last month £157.76 – This probably should have been more, but we ate out a lot and didn’t host for Christmas
  • Entertainment – Budget £100, spent £242.95, last month £119 – Christmas parties, breaks away, beers, beers and prosecco!
  • Transport – Budget £460, spent £406.16, last month £394.05 – More work to the daily, and it needs further if I’m not to replace it soon
  • Holiday – £150, spent £0, last month £0
  • Personal – £100/ £56.99/ £102.90
  • Loans/ Credit – £0/ £0/ £0
  • Misc – £50/ £25.50/ £109.16
  • Fees – £70 /£109.49/ £135.40

In the garden:

Harvesting root veg, and now tidying up in preparation for planting next year.

Goals for next month… take 2:

  • Continue to exercise 4x a week
  • Keep a record of all dietary intake
  • Sell 5 items 
  • Fix my car

Happy New Year everyone,

The Shrink

The Financial Dashboard – November 2019

The goals for November were:

  • Exercise at least 4x a week
  • Automate investments
  • Repair pushbike
  • Look at new emergency fund accounts

Checking the assets and liabilities:

November AssetsNovember Liabilities

These are taken, as always, from my Beast Budget spreadsheet. This month my net worth grew by 3.46%, as my good run came to an end. My savings rate was also a paltry 21.86%, dragging my yearly average down to 23.64%. My payroll is still incorrect, so I’m paying PAYE tax, pension and student loan contributions incorrectly. Despite hounding the payroll departments they continue to get it wrong every month. We also bought some furniture for the house which dragged the savings down.

Goals:

Goal achieved: Exercise at least 4x a week

I actually managed this, surprisingly myself. Self-motivation must be improving; like a muscle the more you exercise it the stronger it gets. I’ve yet to decide if paying for the extra local gym is worth the added cost for the convenience, but it has meant I can squeeze in early morning workouts with ease. Need to focus on diet now to achieve some of my goals.

Goal achieved: Automate investments

Going back to the investing basics, I decided I needed to make my investments automatic and also use the paying myself first approach (1. 2, 3). As such I’ve set up a standing order to my regular investment platform, and another to my new emergency fund account. These will go out on the day I get paid, and I can use the spare cash for discretionary spending.

Goal achieved(ish): Repair pushbike

Took it to the local charity workshop for a quote, likely to be £150+, may get it fixed, may buy a crappy skip bike to replace it. Most importantly it’s no longer sat in my garage.

Goal achieved: Look at new emergency fund accounts

After a few months of poor cash savings, I decided to set up a new emergency fund account. I had been using a savings pot as an emergency fund in the Starling bank account I use for my day to day spending. This returns 0.5% and is generally a bit naff. I also found myself dipping into it for discretionary spending. I have a high interest current account with a further £2.5k sitting returning 5%, but I find moving money every month to satisfy the requirements of the account a bit of a faff. Therefore the new plan was to set up another regular saver. The local Monmouthshire Building Society offers a 3% regular saver, so I popped down to the local store to set one up. This was like stepping back in time thirty years, and I take some re-assurance from their old-fashioned safety procedures. This is how my income savings structure now looks:

Savings breakdown.JPG

Budgets

  • Groceries – Budget £200, spent £157.76, last month £176.39 – We ate out more and spent less thanks to weekly meal planning
  • Entertainment – Budget £100, spent £119, last month £101
  • Transport – Budget £460, spent £394.05, last month £301.82 – Daily car passed it’s MOT with only minor work. Not bad for an old snotter.
  • Holiday – £150, spent £0, last month £336.40
  • Personal – £100/ £102.90/ £46.56 – Black Friday wardrobe updates
  • Loans/ Credit – £0/ £0/ £140
  • Misc – £50/ £100/ £215.15 – Christmas gifts now!
  • Fees – £70 /£135.40/ £177.91

In the garden:

Everything quiet now apart from some overwintering veg settled in the ground

Goals for next month:

  • Continue to exercise 4x a week
  • Keep a record of all dietary intake (what gets measured gets managed)
  • Sell 5 items (need to get back on my de-clutter)
  • Save 30% of my salary

Happy December everyone,

The Shrink

References:

  1. https://monevator.com/the-investing-basics/
  2. https://monevator.com/no-time-to-invest/
  3. https://www.investopedia.com/terms/p/payyourselffirst.asp

The Financial Dashboard – October 2019

The goals for October were:

  • Adopt a weekly meal plan
  • Exercise 4x a week
  • Get six blogposts out across the month
  • Repair pushbike
  • De-clutter spare room for the charity shop

Checking the assets and liabilities:

October AssetsOctober Liabilities

These are taken, as always, from my Beast Budget spreadsheet. This month my net worth grew by 4.35%, continuing a good run. My savings rate, not including mortgage repayment, was 45.13%, making my average for the year now 23.82%. I’m taking this with a pinch of salt, as HR continue to make a mess of my pension contributions, tax and student loans. I’m paying all three, but my tax code has been wrong for the last three months. The pension contributions are even more of a mess, as I continue to pay into DB schemes, but HR/ Payroll disagree which. Tiresome.

Goals:

Goal achieved: Adopt a weekly meal plan

We’ve been planning our weeks meals every Sunday, and it’s already having an impact on some of my time available during the week. By setting out a list of what we’re making I’m not having to think when I get home what I can make, and often MrsShrink has been helping to cook and prepare lunches on busier days. A bit of preparatory planning is having a huge effect.

Goal failed: Exercise at least 4x a week

Too busy to manage this, as I managed to keep to the three from last month, but struggled to consistently get a fourth session in. One to carry over for next month, as I’m noticing the difference consistent exercise is making.

Goal failed: Get six blogposts out across the month

I think I managed five in October, but this goal has really highlighted a problem for me. I enjoy writing content and still have a lot more to say, but I’m currently struggling to find the time to write. Winter pressures on the NHS are here, I’m working 60+ hours a week and I’m squeezing exercise and other activities that keep me sane and relaxed into my spare time. As the amount of hours I’m having to work has ramped up it’s decreased my time to work on posts. If I’m writing content I want it to be of a high standard and well-referenced, and that isn’t quick to knock out. The last few months I have pressured myself to maintain content flow here, but it’s taking the joy out of blogging. I’ve therefore decided to take a sabbatical until the New Year from the majority of my blogging. I will still update monthly and quarterly figures, but the Full English and other content is on hold until I can give it the time it deserves.

Goal failed: Repair Pushbike

Found a shop to do it. Closed all the time I’m not working. Will take some time off to do this.

Goal achieved: De-clutter spare room for charity shop

Looking much tidier, and will be working towards the loft in the New Year.

Budgets

  • Groceries – Budget £200, spent £176.39, last month £144.75
  • Entertainment – Budget £100, spent £101, last month £101
  • Transport – Budget £460, spent £301.82, last month £257.49 – Got an expensive month coming up with an MOT
  • Holiday – £150, spent £336.40, last month £0 – Had a short break away
  • Personal – £100/ £46.56/ £87.75
  • Loans/ Credit – £0/ £140/ £152.25
  • Misc – £50/ £215.15/ £75.65 – Lots of birthday gifts
  • Fees – £70 /£177.91/ £110.40 – The GMC have taken some of their pound of flesh

In the garden:

The winter crops are starting to come through, but otherwise it’s been mainly clearing away and making ready for winter.

Goals for next month:

  • Exercise at least 4x a week
  • Automate investments
  • Repair pushbike
  • Look at new emergency fund accounts

Happy November everyone,

The Shrink

The Full English Accompaniment – Pensions problems show societal flaws

I’ve whinged about the NHS Pension situation before, so this week I’ve been following Dr Kate Lovett’s threads on Twitter with interest. The Dean of the Royal College of Psychiatrists, this year she was the recipient of an incremental increase in salary due to experience and an excellence in practice award. This has resulted in a tax bill 120% of her annual salary. How?

As an unfunded DC scheme that has been raided multiple times by the Government, the whole situation is ludicrously punitive. There is no pot of cash which grows, it is all dependent on the pension scheme remaining the same by the time you retire, plus the calculations for tax being correct (1). If you’ve ever dealt with public sector HR you’ll have your own thoughts about this. The taper cap doesn’t work when applied to DC schemes, and in the medical profession it’s demoralising. There’s a whiff that the intention was to drive people out of the NHS scheme and into SIPPs or similar. A drive for a smaller government.

These pushes towards self-invested pensions are important for the self-employed. Despite continuous suggestions and prompting, most self-employed people are not paying into a pension (2). In previous times, a decent state pension could cover you, however our state pension has fallen to one of the lowest in Europe, again evidence of a smaller government dogma. Couple this with the expectation from some parties that the state pension/ national insurance should operate like a DC pension, not an insurance policy, and we see how people have become more ‘me first’ (3). I can understand the drive for a small government, but there will always be some who slip through the cracks or don’t understand. Encouraging everyone just to think about themselves risks leaving those individuals behind. How long can the state pension last in the face of dogma?

Have a great week,

The Shrink

Other News

Opinion/ blogs:

The kitchen garden:

What I’m reading:

Food Of The Gods: The Search for the Original Tree of Knowledge: A Radical History of Plants, Drugs and Human Evolution – Terence McKenna – An ethnobotanist explores humanitys’ fascination with hallucinogenics, and the role of altered states of consciousness on the development of human society.

References:

  1. https://www.hsj.co.uk/workforce/top-doctor-reveals-huge-tax-bill/7026227.article
  2. https://www.thisismoney.co.uk/money/pensions/article-7554943/Self-employed-nudged-save-2-50-day-pensions.html
  3. https://www.thisismoney.co.uk/money/pensions/article-7538347/Im-terminally-ill-60-state-pension-just-lost.html
  4. https://www.independent.co.uk/voices/brexit-pound-sterling-fall-no-deal-boris-johnson-trade-a9145701.html
  5. https://www.bbc.co.uk/news/business-49959237
  6. https://www.theguardian.com/artanddesign/2019/oct/08/stirling-prize-architecture-goldsmith-street-norwich-council-houses
  7. https://www.theguardian.com/environment/2019/oct/09/revealed-20-firms-third-carbon-emissions
  8. https://www.theguardian.com/environment/2019/oct/12/top-three-asset-managers-fossil-fuel-investments
  9. https://www.bbc.co.uk/news/business-49998074
  10. https://www.thisismoney.co.uk/money/saving/article-7558523/Three-quirky-savings-accounts-better-rate.html
  11. https://www.independent.co.uk/life-style/gadgets-and-tech/news/spider-robot-moon-uk-lunar-mission-space-spacebit-nasa-a9150641.html
  12. https://www.bloomberg.com/news/articles/2019-10-12/is-the-world-economy-sliding-into-first-recession-since-2009
  13. https://www.theguardian.com/business/2019/oct/14/renewable-electricity-overtakes-fossil-fuels-in-uk-for-first-time
  14. https://www.theguardian.com/environment/2019/oct/13/firms-ignoring-climate-crisis-bankrupt-mark-carney-bank-england-governor
  15. https://www.theguardian.com/business/2019/oct/13/entrepreneurs-seek-venture-capital-despite-high-profile-tech-flops
  16. https://www.bbc.co.uk/news/business-50052375
  17. https://www.thisismoney.co.uk/money/news/article-7578721/Woodfords-empire-collapses-loses-three-funds-shuts-firm.html
  18. https://www.theguardian.com/business/2019/oct/16/global-economy-faces-19tn-corporate-debt-timebomb-warns-imf
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  24. https://www.foxbusiness.com/personal-finance/millennials-fire-saving-retirement
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  27. https://www.lifehack.org/340263/aware-these-cognitive-biases-and-youll-much-more-successful
  28. https://www.theguardian.com/science/2019/oct/15/diy-drugs-should-hospitals-make-their-own-medicine
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  31. https://www.ft.com/content/6dff9670-cf26-11e9-b018-ca4456540ea6?shareType=nongift
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  36. http://quietlysaving.co.uk/2019/10/24/dogs-nightmare-and-random-shares-update/
  37. https://firevlondon.com/2019/10/24/angel-investing-2-what-happens-next/
  38. https://www.reddit.com/r/FIREUK/comments/dn3opn/weekly_fireuk_blog_posts/
  39. https://lovelygreens.com/spicy-green-tomato-chutney/
  40. https://agentsoffield.com/2019/10/13/an-autumn-special/