FinanceMotivation

Quarterly Passive Income Report: Q3 2017 – £1,106.20

Dear Reader,

Hopefully you’re keeping well and you’ve achieved your goals this year as 2017 is drawing to a close. The last few years have made me realise that although individual workdays can be painfully long the months and years vanish so rapidly. Therefore we should appreciate the time we have left on this planet. 🙂

Are you planning to take it easy for the last quarter or do you have greater things in mind? I’d like to hear about your thoughts regardless.

Outside running this blog, lifting weights and going to work I’m also trying to improve my diet, and I’m glad to say *touchwood* that things could actually be working out this time. As long as I bulk up my meals with an appropriate variety of vegetables or fat then I actually feel satiated whilst simultaneously maintaining a calorie deficit relatively effortlessly. The last four times I tried to restrict my caloric intake to 1,800 resulted in me binge-eating chocolate, pizza, ice-cream and donuts the next few weeks…I often wonder if I have an undiagnosed mild(?) eating disorder as I was miserably counting every calendar day on the bloody diets.

However on this attempt I’m already finishing day 6 of clean eating and I feel great, energetic and my “heavy” compound lifts haven’t suffered that much. More importantly I have NOT been counting the days; well I just did there but it was for you guys. If I succeed to make this a lifestyle change I promise to dedicate an entire post to this but let’s not speak too soon.

Q3 Quarterly Passive Income Report 2017

IncomeExpensesTotal
P2P
Kindle
July
£43.86
£16.15


£43.86
£16.15
P2P
Kindle
August
£30.28
£32.82


£30.28
£32.82
P2P
S&S
SIPP
Amazon
September
£524.99
£357.82
£86.31
£45.07

£17.49
£13.61

£524.99
£340.33
£72.70
£45.07
Q3 2017 Total £1,106.20
Amazon includes Kindle and Affiliate income

Although month-to-month P2P income is falling due to defaulted loans I did say I’d be your willing guinea pig before this investment modality fully establishes itself. Otherwise it’s been another great quarter as I’ve achieved over four figures whilst minimising the costs as much as possible.

I also passed advanced life support several weeks ago and would like to stop here to discuss a quick concept that modern thinkers call mindfulness.

All my readers are demographically very highly educated individuals but we fall into the same trap that a greyhound does when it chases the robot rabbit. We never stop and admire what we’ve achieved but instead we fall into the self-destructive spiral that is self-deprecation and always trying to attain the next level. The latter quality is a great one to have, make no mistake, but it doesn’t hurt to celebrate mini-successes however small does it?

Have you recently achieved something but neglected to celebrate it? Admit it, those of you who have passed MRCP Part 1 just recently never properly celebrated did you? And I bet those who failed were the first to kick themselves…yep been there.

If you’re interested in mindfulness and living in the present moment then I would highly suggest you explore this book. Alternatively you could get the Free Audiobook Version if you subscribe to their free 30-day trial – and if you don’t like their service you can simply cancel within 30 days free of charge and you get to keep the book. Win-win 🙂

Until next time take care,

Rory

P.S. I learned everything I know about finance from this book, this book and that oneamongst many others. For a more extensive list, don’t hesitate to drop me a line at rory@ukdoctoronfire.com. If you prefer learning through listening use this link to earn a free audiobook of your choice by signing up to their 30-day free trial. Simply cancel with the click of a button if you decide later on that the service isn’t for you, no questions asked.

7 thoughts on “Quarterly Passive Income Report: Q3 2017 – £1,106.20

  • Hi Rory,

    Glad to hear that you are appreciating the time you have on this planet 🙂
    Sounds like you are really making great strides on the diet front – which is even more impressive given the shift patterns you no doubt work (I am assuming you also do nights as well which really throws the body out of kilter)

    Looks like you had yet another great quarter and the P2P stuff just keeps giving 🙂 I assume you are reinvesting all of the income you generate and not buying an iPad? 😉

    Congratulations on passing your ALS as well!

    Cheers,
    FiL

    Reply
    • Hi FiL, hope you’re keeping well in London. P2P is always fun but a bit precarious as loans are starting to default. That’s the name of the game unfortunately ha. Do you have any side hustles going on? Passive income the proper way aka investing is just too slow. Other forms like creating digital products seem more progressive at least for now! Rory

      Reply
      • Hi Rory,
        All good down here busy as ever which is great – just the way I like it! I don’t side hustle at all to be honest – I invested in my career which has the net effect of meaning I can save a large amount of cash each month. My target is that I fill up ISAs (mine and my other halfs), my pension and then kill the mortgage as fast as possible.
        My work doesnt really allow for much time in side hustles, and so it is just passive income, however you say it is just too slow, you would be surprised how fast it builds up. In just 5 short years I’ve increased my average monthly income quite considerably and now the snowball is well on it’s way…
        Cheers,
        FiL

        Reply
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