From Debts to Assets: Introduction

Hey Everyone, & Welcome to the Blog 👊🏼

Over the past few weeks my blogs have started to become few and far apart, & I believe it’s because I’ve been racking my brains about a series I could do that would be updated regularly (Minimum of Once Weekly)

So without further delay, welcome to

“From Debts to Assets”

This series is literally what it says on the tin, a journey from where I am now, which involves a fair amount of debt, little savings, and average wage to live on, to where I want to be, buying my 1st home & debt free

I thought this series would be perfect, as I’m sure many can relate to having debt, wanting to better their financial situation, and would love to be at a stage where they own a home

I hope people can relate, and if they can share your experiences with me

This is a journey from start to finish, With all the good times, bad times, & processes in between

It’s going to be detailed, and it’s going to be transparent, you’ll find out every debt / piece of money I owe, what I’ll be paying out each month, how I’ll be looking to save, invest & afford my 1st home

So, I hope you stick around, join the journey, share your experiences in the comments, and come along for what is going to be a rollercoaster ride!!

Let’s start the journey with a bit about me

I’ve been blogging since the start of the lockdown period, so around march time was the beginning

The majority of my blogs have been Football Index related and around my portfolio, which we will get onto in other blogs, this will be the platform in which I will look to put money away, as well as looking into starting an eToro account and investing

I’m 31 years old, currently I work in the hospitality sector, which will soon be open once again, I will mention I am currently on furlough leave so my incomings and outgoings are a tad scuffed right now

I am looking at a promotion in my current job, which along with it would come a salaried wage instead of hourly pay, as well as a yearly bonus, though if I don’t get the promotion I am potentially looking to move on, so that’s something we will go through together

A few other little bits about me, since the start of lockdown I have been trying to create a healthier lifestyle, losing 27lb so far in the process, and planning on continuing to do so, this is currently documented on this blog too, and will also be made into a series along side this one

Finally, I support the mighty Arsenal FC, if your into football, be sure to leave a comment (probably joking about my club), I know, I know it’s painful as a fan of the Red & White Army, but with Arteta at the helm I do believe we will be okay

Anyway, enough about me, I just want to thank you for taking the time to read this little introduction to the new series,

The first official episode / blog will be out on Sunday, where we will go over everything for the beginning of this journey which will include

Current Income

Current Debt

• Current Outgoings

• FI Portfolio at Present

Finally, if you want to keep up to date with when the blog posts are going live, and just what I’m up to in my everyday life be sure to follow the social links available on the blog

Twitter: http://www.twitter.com/drage162

Instagram: http://www.instagram.com/fi_jd162

Have a great day, enjoy this incredible weather, and I’ll speak to you all in the next blog

Published by Drage162

Hi Everyone, I’m Jack, I’m 32 from the UK and welcome to my blog Follow my journey as I travel through different stages in life creating a better future for myself and my family Along the way you can take a look at my weight loss progress including how I’m achieving my goals, my weekly reviews & my future plans I’ll take you through my finances! The good, the bad & the ugly as I work to go from £9500 (as of Feb 2021) in debt with no assets to debt free and something to show for myself I have ups and I have downs, days I feel like I can achieve everything and days where I’m not motivated at all but I’ll document that and look to inspire you guys to achieve your goals too Let’s smash 2021 and make it the year we really take control of our lives and set the foundations for an amazing future ♥️

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