The Financial Dashboard – March 2019

The goals for March were:

  • Sell £100 worth of stuff
  • Finish the raised beds
  • Calculate and set a budget for Personal spending
  • Look at other ways to reduce environmental footprint
  • Purchase first stock investment

Checking the assets and liabilities:

Assets March 2019

Liabilities March 2019

These are taken, as always, from my Beast Budget spreadsheet. This month my net worth grew by £2,871, 9.46%! This was due to an unexpected but welcome tax rebate due to overpaying at some point earlier in the year- my tax codes bounce about a bit. Another momentous month too, as this was the first time my liquid cash (emergency fund and savings pot) was greater than my unsecured debts (credit cards and family loans). I put another £200 on my 5% Santander saver, paid down our wedding loan to a family member and paid off £1000 of my credit card. The remaining tax boon went in a S&S ISA – more on that below.

Goals:

Goal failed: Sell £100 worth of stuff

Failed this. I managed to sell another £50 worth of car parts, but I’ve been royally dicked about trying to sell some furniture and other spare household stuff. Interest has been strong, but lots of “best price m8?”, “would you take [1/2 list price]?”, topped off by some people coming to view an item desperate for it but refusing to pay and demanding delivery. Choosing beggars.

Goal achieved: Finish the raised beds

Now complete and planting has commenced. I got fed up of trawling gumtree for a few bags of soil here and there, so ended up paying £60 for two tons of topsoil to be delivered. It’s otherwise been a free project made of scavenged pallets, so not complaining too hard.

Goal achieved: Calculate and set a budget for personal spending

My old budget for personal spending was plucked out of thin air. In an effort to continue to properly track my budget I’ve moved some more categories under this heading. It now includes my clothing budget, gifts for people, trips to the barber, books, CDs, DVDs, computer games and any music. Looking over the past 12 months my spending is a bit all over the place, varying from £5.50 to ~£300, which makes sense when you include clothes. My plan from now on is to put aside £100 a month to pay for these items and then see how it looks in a years time.

Goal failed: Look at other ways to reduce environmental footprint

Started looking at changing cars, electric bikes… all sorts. Haven’t had time this month to actually summarise the relevant thoughts. Will return.

Goal achieved: Purchase first stock investment

The tax rebate went straight into a S&S ISA with Vanguard to the tune of £1,000. Showing impressive skill, I purchased at a six month high for my chosen fund (Dev World Ex-UK). An immediate lesson in market timing and not checking too frequently. More details in my Q1 review.

Budgets:

  • Groceries – Budget £300, spent £158.58, last month £207.01. Looking good for my Q1 goals.
  • Entertainment – Budget £150, spent £76.50, last month £92.
  • Transport – Budget £460, spent £329.90, last month £405.44. Spending a lot more on petrol with my new commute.
  • Holiday – £150, spent £0, last month £0.
  • Personal – £100/ £47.57/ £5.50.
  • Loans/ Credit – £350/ £748.44/ £288.99.
  • Misc – £50/ £81.77/ £186.45. Misc payments this month:
    • £60 cash on soil
    • £21.77 in Wickes on house stuff.

In the garden:

Raised beds are done. Cabbages, three types of raddish, four types of lettuce, two types of potato, two types of onion and various other odd bits are in the ground. Peas, peppers, sweet peas, cucumbers and tomatoes are on the go in the greenhouse.

Goals for next month:

  • Sell £100 worth of stuff
  • Set up pots for holiday and personal money
  • Look at other ways to reduce environmental footprint
  • Set up regular stock investment
  • Finish my portfolio spreadsheet

What’s in the pipeline: (Life continues to get in the way of blogging)

  • Quarterly Returns Q1 2019
  • How I calculate my net worth
  • Stoicism and the finance world
  • Green Credentials
  • Property Renovation Lessons Part III
  • Plus the usual Full English Accompaniments and other drivel…

Happy April everyone,

The Shrink

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