Category: finance

I need to sort out my finances

Sorry this is not the goal for the blog, it’s just where I can write, break things down and really think. I have subscriptions coming out of my account which I don’t even know what it’s for.

I have made £11,000 this year and I only have around £100 in savings, mostly from wreckless spending, alcohol and being forced to pay off close friends debts they got gambling with loan sharks.

This blog cost around £4.85 a month in total. I then other costs totalling to £563.85 a month on a £1400 paycheck leaving me with around £871 left over.

So if I throw £100 in commodities, £100 into ETFs, £550 into high interest savings that will leave me with £95.85 left over to do what I like whilst saving £750.

I should be fine as long as I don’t waste it on wrecklessness, drugs and alcohol.

I want to buy a new laptop as this one is old and very slow, but I think it’ll have to wait, i’m going to throw Zorin OS on it and hope it speeds up.

I’m no longer investing in crypto

After years of investing in crypto currencies I have finally decided to pull the operation, with so many scams, pulls, scary fluctuating prices, it’s not worth it anymore, I think i’d be better of playing roulette at an online casino.

Instead I will be investing in commodities such as Gold & Silver, because it’s safer, it helps protect me against inflation and it’s a garaunteed rise in price. I will also be investing in ETFs and putting my money into a high interest savings account.

I think my generation is doomed, advertisements are everywhere especially for gambling websites, we don’t have much impulse control, cloud subscriptions drain your bank account, and just have general poor money management skills.

Purchasing a home is hard as a 20 year old, solicitors take their time, your trapped in a morgage on a property that cost £120,000 less 20 years ago, you need a guarantor, no wonder most are renting, I don’t think theres anything wrong with renting when you consider the costs.

https://www.youtube.com/watch?v=0t_9DkPTaDk

ARRR! i’m a pirate 🏴‍☠️

Subscriptions now destroy our finances, the pay once and keep it forever ideology has gone out the window. With subscription services charging more money, dumping ads on the platform and lower quality can you really blame someone for pirating a movie or tv show?

At least I can download it, view it anytime I like without ads, without a monthly subscription. I’m not a monster if I really like a film or tv series I will purchase the DVD but it makes sense that spending $45+ a month on some entertainment is ridicolous and unsustainable.

I am not promoting piracy, but it does make you wonder how much we’re being fucked in the ass, don’t forget the $10 subscription to your doorbell or the monthly subscription to turn on the already installed heated seats in your BMW.