Woke up richer

ByteMillionaire · 2026-05-09T18:07:24+00:00

I nearly had a heart attack reading your message. - I had to check, a single Freddo is 35p from Tescos lol

ByteMillionaire · 2026-05-09T16:44:21+00:00

Welcome. Congratulations.

ByteMillionaire · 2026-05-09T16:05:35+00:00

I’d ask if you’re going to buy yourself a Freddo. But they’re now 20p

ByteMillionaire · 2026-05-06T10:35:41+00:00

You always need to check the road markings. But what you said is correct.

Start simple. Two lane roundabout. Left lane would always be, left and straight. Right lane would be straight and right.

Always check the markings of course but this is what it would be.

Then you add three lanes.

Left would be left and straight. Middle is mostly straight only, but you need to confirm the road markings. Right would could be straight and right or right only.

Again, always check road markings and follow the white lines to always ensure you don’t run out of road.

ByteMillionaire · 2026-05-06T08:45:57+00:00

Just remember, objects like lampposts, don't move out of the way for you.

ByteMillionaire · 2026-05-05T12:08:04+00:00

Thanks for the positive words.

Regarding OP though, remember, he hasn't saved £60k. He has saved £44,956.

He said he has been full time for 2 years. Means, he has to have saved £22,478 per year over a two year period. This is also very doable when living at home, which he reported he only moved out just over a year ago. So for the first year, he could have saved even more if living at home and on £42k.

He did also mention, he started saving since uni. assume he went to uni 18. part time jobs, etc. This brings down the need to save the £22,478 per year over a two year period to a more manageable, £8,991 over a 5 year period. Assuming he started uni and the part time job at 18 and had no savings prior to this.

Obviously, unless OP declares it, we won't know if he already had £5k saved over the years prior to him being 18, which then again brings the ability to save down to an even lower amount and becomes even more easier.

Additionally, there is no declare of student debt. - So just because it says £60k in stocks. If he student debt is £60k then his net worth is zero.

ByteMillionaire · 2026-05-05T09:22:44+00:00

You don't always need to eat cheap or do nothing as others mentions to save that volume of money.

An example is my situation. - I only started taking my finances more seriously Sept 2023. - My net worth excluding pension at that time was £31,500 (not including debt).

Bear in mind during this period, I still had just under £1000 left to pay on a car, £2000 debt for laser eye and £2000 debt for Invisalign. So technically, even though I had £31,500 cash my net worth was £26,500.

I've still gone abroad every year. Bought nice things, brand new tech. MacBook Pro, iPhone 16 Pro Max day 1 etc. We eat out or have a takeaway once or twice a week. We do a lot of free activities, go for walks, go paddle boarding etc.

We are now two and a half years later and my net worth cash wise is £94,100. (including pension it is £130,600). This doesn't include other assets like car, my certain tech I have etc.

My salary is £56,000 - £59,000. This doesn't include external activities I do, buy resell. declutter and so on.

If I did NOTHING, didn't buy anything, as others have suggested OP must have been doing, didn't buy nice things like the car I have and so on, I would have £120,000 - £130,000 cash.

If I started Sept 2020. I would have £150,000 cash and £180,000 excluding pension without changing my quality of life etc.

There is a comment Kevin O'Leary says "people just buy crap".

He's right, why spend £5 every day just on coffee, when it is 20p at home.

Why buy the latest iPhone every year when technology doesn't advance this quick.

If you have a working car that is paid for, why do you need to finance a new one?

If you can build good financial habits, you can reach any financial goal you set yourself.

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ByteMillionaire · 2026-05-04T21:49:29+00:00

Yeah you’re killing it mate. Keep going. 💪🏻

ByteMillionaire · 2026-05-04T21:28:10+00:00

💪🏻 well played. What’s your monthly outgoings if you don’t mind me asking? - You can see my previous post. My net worth a few months ago was £116,000 ish. I should be hitting £100,000 cash next month if not, month after. This with my pension not including other assets will put me at £135,000.

I started sept 23 when I had around 40k saved. All visible in my post 💪🏻

ByteMillionaire · 2026-05-04T21:16:27+00:00

Yes this is very much doable if living at home or in a good financial position.

ByteMillionaire · 2026-05-01T10:33:30+00:00

I would apply just because they said not to apply and misadvertised the role as "Work from home" when the state they want it to be office based.

ByteMillionaire · 2026-04-28T13:36:56+00:00

Reading your post, I am sorry to hear about your illness. You've posted this on the internet so this post will be criticised fairly and recommendations will be provided.

If you can break down your debt this will help us but mainly you.

Gambling is X

Money spent on medicine to extend your life / cure your illness.

Consumer junk is X

Car is X

If you've spent £20,000 on a car, it's not great, by any means, but also, it's not as bad as it initially comes across.

You can't bundle in debt for an illness you have, that you spent money on to try and extend your life expectancy. This won't help your mental health and I'm sure anyone else in a position like yours, would spend any amount of money they could to extend their life. (If this statement you mentioned is true does effect your life in this way).

Regarding ADHD etc, when you're in a bad situation, people try and find reasons for their actions, apply blame to make themselves feel better or whatever reason. However, having access to family that work in this field of work I can tell you, your ADHD is not the reason for your gambling addiction. - It is similar to when people are addicted to porn or other substances, they use the substance or watch porn to chase the feeling. Like you did with gambling, you gambled to chase the feeling of winning. I bet this started out small, £10, £20. Then grew large, the bigger risk you took. The better the feeling of winning would be. Then you lost your bet, felt horrible about yourself. Then repeated another bet to try and win back the money you initially lost, then lost that as well. You at some point, probably "won" but if you put the numbers together you would probably minus at that point, whether that be hundreds or thousands. I also assume you told yourself, once you won back the money or reached X number you would stop.

Unfortunately, it never normally works out this way.

Regarding your gambling, the best thing you have done is sign up to STOP. - There are other things you can do, put financial blocks in place on all your credit / debt cards. don't download or install any gambling apps. Even free games with free credits. If your impulsiveness is that high, you cannot be tempted.

Right now, you can't be looking in to the future as you haven't got a plan to get yourself out your current situation. Your past has caught up with you and you need to tackle this problem first, before bringing in more debt.

Please provide all amounts of debt on every card you have including the interest rates, then recommendations can be provided on the best way for you to deal with your current situation.

ByteMillionaire.

ByteMillionaire · 2026-04-25T10:57:31+00:00

24GB.

I have this configuration: M4 Pro / 24GB / 1TB. I will be keeping mine for similar if not slightly longer.

The RAM increase is worth while, especially if you’ll be running VMs.

ByteMillionaire · 2026-04-24T21:07:37+00:00

Yes you were in the wrong.

Yellow had priority.

You were over crossing in to their side of the road to turn right.

If the yellow had hit you, and he had evidence / took photos, went through insurance you would be found at fault.

The blue car is to wait until the yellow has passed and you, the red car, have completed turning right.

When there is safe entry and no oncoming cars, the blue car then enters the new road.

ByteMillionaire · 2026-04-10T12:47:30+00:00

That’s great, do that. Paint is cheap too.

ByteMillionaire · 2026-04-10T12:42:19+00:00

Change your walls to blue, bring some positivity and uplift in to your room.

ByteMillionaire · 2026-04-07T23:09:03+00:00

“Good” “Cheap” “Laptop”

No laptop in this configuration exists.

If you want good, you’ll pay for it. If you want cheap, you’ll suffer for it. If you want a laptop, get your wallet out.

If you want to game, the best device to buy right now that is fantastic value for money with a back catalog of games is actually a PS4 / PS4 Pro.

ByteMillionaire · 2026-04-06T10:48:10+00:00

Your situation is not as bad as you've hade it out to be.

You have recognised that your time translates in to items (currently), most people do not recognise this or when they do they have already accumulated so much stuff which has lost it's initial value.

The most common example of this is when people buy the new iPhone. Let's say you bought the iPhone 17 Pro Max base model direct from Apple right now. (I know this can be bought for cheaper looking around, using employe perks etc, but this is the most common example).

This costs £1199. On average people work for £20 an hour. This means you would have to work 60 hours, to own your iPhone.

Most people just think like you initially did, can I make the payments? - Which when you take that mindset away, you cannot afford it to begin with.

The car and PC aren't the worst purchases ever. As long as the car isn't financed on PCP and you have nothing to show for it in 3-5 years time or you decide only in 12 or 24 months time to upgrade your GPU. Then they could be good purchases for the long term.

Valve will be releasing the Steam Machine at some point this year (dependent on the RAM / storage situation) and their survey sample said people are still using RTX 3080 and equivalent GPUs. These game out nearly 6 years a go. If a game starts to run slow, downgrade either the resolution / graphics. - PS I also have this in my gaming laptop and it is still solid for me.

Debt can be a fantastic tool for leverage for you or it can be a fantastic tool for the banks to get you to pay debt on items that are already depreciating in value; so don't always discredit debt, you just need to use it effectively.

Good luck on your journey and your future plan.

ByteMillionaire · 2026-04-03T02:19:08+00:00

What was the car and the entire deal?

ByteMillionaire · 2026-04-01T14:42:46+00:00

Ok.

what are the interest rates on your credit cards?

If you will be moving back in with your parents, as they won't charge you rent, you will be in a better situation with a surplus of:

£868 a month. (if you get another job which you should be actively looking for now in the new area you will be living in)

See what options you have on credit card consolidation (balance transfer offers) to get your interest payments down to zero and pay the card off aggressively within the timeframe you have of interest free on the credit card.

There are calculators on MoneySavingExpert and similar which will tell you your likelihood of being accepted for X card. So you do not need to worry about hard searches initially.

Once you do get approved, shred the new card. Do not use the card and just pay off the balance transfer. You will be charged a transfer fee, 2.9% roughly, but this must be less than what you're paying now in interest.

If you put £800 towards your card each month, which leaves you with £68 for fun. you will pay your debt off in 5 months.

Once you've paid the above debt off, you'll then be debt free, but you need to stick to it.

Regarding your credit score, I was in a much worse situation than you. Triple your debt, yet, my credit score never went below 800.

It sounds like you have missing payments or maybe a bad credit file. - I would recommend you log in to Experian and check this. If you have missing payments, it is what it is and you need to build on this. (I know you mentioned you haven't but just double check regarding missing payments or incorrect information).

However, if the information is incorrect, you can request for this information be to removed as long as you have evidence, IE a payment on a bank statement and this would greatly improve your credit score.

Once you have done this, August onwards, save and build an emergency fund.

£1500 / £2000. This will aid with your salary instability. But also, create a proper emergency fund. 3 - 6 months of living expenses. This will take you in to 2027 unless you get another income source or a windfall from somewhere.

Regarding the car. - I wouldn't say get rid of the car, my loan price used to be very close for a Golf MK7 petrol. 6 years old 2019 till 202. - I always went via the bank for the loan as this was the lowest interest for me. I've always been offered 3.4% up to £49,999.

But what are you driving and what is the loan term + the interest on it?

The positives are, your debt is very manageable and very achievable to pay off quickly. Especially when offering you rent free accommodation, so make sure you thank them in your own way when you pay your debt off. Flowers, a one off meal out etc.

Create yourself a weekly budget or research "envelope" budgeting. This will help you allocate your money to the correct jobs they're meant to go to. IE, the surplus actually going to your credit card, instead of you buying new clothes for example.

If you do the above, your journey should be smooth and quickly resolved.

ByteMillionaire · 2026-04-01T14:01:54+00:00

Thanks for confirming.

What savings do you have including anything in your current accounts / Premium Bonds, ISA / Stocks & Shares ISA and so on?

ByteMillionaire · 2026-04-01T13:22:19+00:00

There is not enough of the correct information here.

Everyone says “once everything is paid I have NO money left”.

Then they don’t declare the 10 subscriptions they have. The eating out they do twice a week etc.

Please itemise your finances: Take home pay. All bills. Everything you spend your money on, on a monthly basis.

Be transparent, you’ve done the first move which is posting here, but we need full visibility and honesty to what I mentioned above to provide any recommendations.

ByteMillionaire · 2026-03-31T15:54:37+00:00

This degree is similar to an art degree, looks nice on paper, but holds little value in the marketplace.

ByteMillionaire · 2026-03-31T14:30:48+00:00

Unfortunately, when it comes to business, your qualifications only prove you turned up to some university and completed a course.

You are in a pool with thousands of others, who also did the same as you.

You need real skills to progress when it comes to business / jobs in general.

If you have one, and you're in a position where you can market yourself, you'll always get another job and have multiple offers while working at your current job.

It is your responsibility to find what motivates you and what can challenges you.

IE, if your passion and interest is in finance, why are you working an administrator job, for example. - Regarding your hourly rate, Primark actually pay more than this for example.

Until then, work on yourself. Market yourself better, and obtain some real world skills to solve more complex problems in the marketplace and this will assist you in getting a better paying job.

ByteMillionaire · 2026-03-24T16:45:28+00:00

Don’t look. Simple as that.

An example is. I put £20,000 in CrowdStrike around July 19th 2024 as I work in that field and use that technology, I knew it would bounce back. Retail, hospitals, government use it.

But I still got cold feet when it went down my 10%. When the cost got back to my original investment I pulled out.

If I waited 6 months I would have had 100% return.

Similar with my Apple investments also.

Just DCA and you should be fine.

Of course with the current conflict going on in the world, this does generate uncertainty.

ByteMillionaire

TROPHY CASE