The Financial Dashboard – July 2020

The goals for June were:

  • Tidy the loft and begin to clear
  • Read three books
  • Audit regular spending ahead of job change
  • Track building work spending accurately

Checking the assets and liabilities:

July AssetsJuly Liabilities

These are taken, as always, from my Beast Budget spreadsheet. My savings rate according to my spreadsheet this month is -26.33%. This balances last months 86.9%, and is down to some payments coming out of my account late. My net worth fell slightly (-2.3%) which probably represents all the spending we’ve been doing on builders, plumbers and electricians. My usual cash regular savers were topped up, but our joint First Direct account has now finished. We’re going to use that money for DIY, topping up the emergency account, and ultimately start paying down our mortgage. New money in my Freetrade S&S ISA went to open a small position in Unilever (before it jumped about 8%) and DS Smith.

If you fancy a free share, sign up to Freetrade with this link (I also get one).


Goal failed: Tidy the loft and begin to clear

Actually got round to this one, and have found a lot of books and items I will never use again. These will go on Gumtree, Music Magpie (or similar), or be given to charity shops. De-clutter time.

Goal failed: Read three books

I am still reading The Intelligent Investor. Close to the end now, and rewarding myself with some fiction. Should be done this month.

Goal achieved: Audit regular spending ahead of job change

My change of role is actually reducing my pay slightly. With that in mind I’ve followed Martin Lewis of MoneySavingExpert’s advice, and audited my direct debits and standing orders. I was previously paying £100/month on gym memberships (a couple for different purposes). With lockdown many of these were temporarily frozen, and it’s given me time to assess what I wanted and what I was using. I’ve simplified my membership down to a single one for £65, which I’m hoping will be enough to motivate me to do more.

One of the benefits of my new job is a shorter commute, so I’ve reduced my monthly fuel budget. I’ve been putting money aside for holidays, and that has gradually been accumulating, so I’m going to hold off adding to that for now. I’m not completely sure what my new salary will be, so if further pruning needs to happen it will come at the end of the month.

Goal achieved: Track building work spending accurately

I have kept a google sheet for this, and input all our spending. As with any grand design, there’s been a fair creep in budget.


  • Groceries – Budget £200, spent £227.54, last month £237.31 – We’re continuing to spend lots on groceries as we host rather than eat out
  • Entertainment – Budget £100, spent £36.50, last month £56.50
  • Transport – Budget £460, spent £279.02, last month £432.65
  • Holiday – £150, spent £0, last month £0
  • Personal – £100/ £91.66/ £137.18 – Random tat
  • Loans/ Credit – £0/ £0/ £0
  • Misc – £50/ £741.96/ £724.15 – Building supplies, and the builder
  • Fees – £300 /£370.91/ £347.17– GMC/ Royal College

In the garden:

Everything has sort of been left to grow wild while we focus all spare hours on DIY. The pumpkin patch is now the pumpkin third, engulfing all in it’s spread. Sunflowers are just ending their thing, but are doing a good job of acting as climbing support for french beans. To top it off we have loads of lettuces, and the first of our tomatoes.

Goals for next month:

  • Read three books
  • Exercise four times a week
  • Sell five things

Happy August everyone, where has this year gone!

The Shrink

One thought on “The Financial Dashboard – July 2020

  1. I’ve been holding Unilever for about 18 months now, and this is the first time I’ve seen it in the green since I bought my first lot of shares. Can’t really go too far wrong with a company where the chance of you using or eating at least one of their products in a single day is incredibly high.

    I like DS Smith too, but haven’t found a place in my Freetrade portfolio for them yet. Dived into Nvidia and Sony at last recently, they’ve incredibly high right now, but I just can only see them going up and up in 5+ years.

    It’d be fun to see your full portfolio if you ever share it 🙂

    Liked by 1 person

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