Rate my personal finances
Hello,
33/m here - curious to get some feedback and thoughts on where I am with my personal finances and if I'm applying things efficiently or if there's room for improvement.
For some further background - I've no mortgage or children, but hoping to change the former as soon as possible and aim for a house purchase. Currently renting with my partner at €1,700 a month where I'm paying €1k of that as she is on a lower salary.
- Salary €66k/year
- Current account usually floats around €4-6k
- Pension pot currently €78.5k - contributing 7.5% which is matched by my employer.
- I have €46.5k invested in various S&P/FTSE ETFs since around 2021, with a P/L currently of +€23.5k
- I have a further €10k invested in a Zurich investment fund - this was out of a recommendation through my employer's pension provider, but now feels superfluous to my needs given I have investments in ETFs.
- I have no dedicated mortgage deposit "pot"
- No loans/debt
There's been no real science to my approach - I stick some cash in ETFs when I remember, but otherwise I'm fairly hands off and just let things ride. Spent most of my 20s living at home hence I was able to save quite a bit but never had my savings working for me until I discovered ETFs etc. around COVID time, and now I'm obviously hoping deemed disposal is binned off in the next 2-3 years!
Many thanks for reading.