I’ll be honest, I am still a bit shocked that August is over; how fast did that month go? Although, it does mean I get to make my favourite update so I’m not complaining, really 😉 After an amazing July, August has been fairly positive too, as you will see in a minute. I’m not expecting the numbers to grow as fast as this for the remainder of the year, but I am pleased with the progress.


The Ultimate Dream Fund is named because it is our dream to retire early, and we need the funds to make that happen! One day, this fund will provide us with the money to live on when we leave our 9-5 jobs and time will be all ours. That’s the biggest motivator for achieving our goal. Being able to spend our time with our family is what we’re doing this for; there’s nothing more meaningful to us than that.


I’m going to post updates on our fund for two reasons; one, so that I can show that living a frugal lifestyle means that we can retire earlier than we should do and still live a good life on the journey, and two; to keep me motivated for the long haul. This journey is going to take us a long time, but it’ll be worth it in the end. This plan also includes us being mortgage free, so that our monthly outgoings are reduced and manageable.

Ultimate Dream Fund Update August


The dividend payments I received throughout August have already been reinvested so that they are working hard for us already. Again, although the numbers are small, it all helps over time and we’ll continue to plod along slowly. Over time, the percentage reinvested will increase and so the amount needed to be saved from income will decrease, or we’ll be able to speed up the process! I’m looking forward to all of that beginning. All of this is within my stocks and shares ISA which is with Hargreaves Lansdown. It is very easy to use and I’d definitely recommend them. You can get information about that here or even open an ISA today.


Related post: I’ve Started To Invest – Finally!

Related post: My Investing Journey So Far


As of August 31st, our Ultimate Dream Fund looked like this:

Screen Shot 2016-09-04 at 20.36.50


That is an overall increase of £1,154.87 for the month of August, which is incredible! Considering I only transferred just under £600 into savings in August, that amount is fantastic. It just shows what the markets can do, and although I don’t see that continuing, I shall take it for now! 😀 I also managed to bypass the £8,000 mark altogether, as last month the fund stood at £7,854.28 which is pretty cool.


Finally, here is the fund’s progress since I started it in June 2015:

Ultimate Dream Fund Update


Can I dare hope to crack the £10k mark by the end of September? I’m secretly hoping so!


How was August for your savings/investing targets? 

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