February ’20 – Net Worth and monthly update #18 £525,898 -£15,143

February has been an expensive month for the FU household, both in terms of money spent and the loss in value of our investments due to stock market drops.

We’ve had 5 birthdays and a christening in the close family to buy for, not including Mrs. FU’s birthday.

It was half-term holidays for the kids, which means money spent keeping them entertained. One highlight was our visit to the Arcade Club, which is the biggest free play retro arcade in Europe. This was an excellent day out and took me back to my misspent youth in the 1980’s.

Work was quiet in February due to the atrocious weather we have had over the past month, meaning income was well down.

We also attended the Manchester FIRE meet up along with about 12 others. Weenie did a presentation and we got to hear about the other attendee’s financial journeys. It was an interesting and enjoyable evening.

 

MONTHLY UPDATE AND GOALS

Net Worth February ’20 – £525,898  (Jan ’19 £541,041) -2.2% -£15,143

 

Assets – £761,640  (£778,600) -0.7%  -£16,960

Cash/bank £3000 (£10500)

Main Home Q4 £408,566 (Q4 £408,566) 0%

Rental Properties Q4 £168,534 (Q4 £168,534) 0%

Pension SIPP £180,040 (£190,600) -5.5%  -£10,560

 

Liabilities – £235,742 (£237,559) -0.8%  -£1,817

Main Home Mortgage £87,450 (£87,800)

Loans, Debts and credit cards £148,292 (£149,759)

 

Overall Net Worth in February has decreased by £15,143.

Rolling yearly change in net worth from Feb ’19 is +£106,585

The decrease in our net worth this month is due to a big loss in my SIPP due to the Corona Virus scare. Even though the figures above show that the SIPP lost about £10k, the real figures are about £15k down as I put a £5k contribution into my SIPP. That also explains why cash at bank is down.

Main home and rental property values remain at Q4 figures, calculated using the Nationwide House price index , and will be updated when Q1 figures are published.

According to the above index, house prices have risen by 1.78% over the last 4 quarters in the North West of England.

 

Dividends

A good month for dividends.

SIPP Dividends paid in February – £542. (Feb 2019 £32)

Dividends 2020 YTD total £731,  Av. £366/m (feb 2019 YTD  £220,  Av. £110/m)

(Yearly totals –   2016 £425,  2017 £911,  2018 £1306,  2019 £2319)

 

Other Monthly/weekly goals

Matched Betting  +£145 this month (+£251 last month)

Not made as much on casino this month, only £10, but at least still positive.

Total to date since starting 28m ago £11183 Av. £399/m (£11038 to last month Av. 409/m) means we made £145 profit this month, broken down as follows.

Casino/slot offers to date £4732 (4722) = £10 profit this month

Each way sniping to date £633 (£562) = £71 profit this month

Normal match betting offers £64 profit this month

 

Diet and Fitness –  Still training but had tight hamstrings for some reason this month. The aim is to get below 70kg and/or under 15% body fat. I’m still hovering around 75kg and 20% fat. All the February birthdays slowed down any weight loss so will hopefully have a better month in March.

eBay/selling – Not much done this month.

 

All in all a horrendous month on the financial front, but I am not worried, and at least we are all healthy.

We will keep calm and carry on.

Any comments/questions always welcome

Monthly Net worth since started tracking

#1 June ’18 £414,258

#2 July ’18 £413,030 -£1,228

#3 Oct ’18 £420,037 +£7,007

#4 Nov ’18 £420,222 +£185

#5 Dec ’18 £415,731 -£4,491

#6 Jan ’19 £417,754 +£2,023

#7 Feb ’19 £419,313 +£1,968

#8 Mar ’19 £434,282 +£14,969

#9 Apr ’19 £434,843 +£561

#10 May ’19 £504,531 +£69,688

#11 Jun ’19 £514,218 +£9,687

#12 Jul ’19 £520,781 +£6,563

#13 Sep ’19 £532,376 +£11,595

#14 Oct ’19 £534,406 +£2,030

#15 Nov ’19 £539,998 +£5,592

#16 Dec ’19 £543,861 +£3,863

#17 Jan ’20 £541,041 -£2,820

#18 Feb ’20 £525,898 -£15,143

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1 Response to February ’20 – Net Worth and monthly update #18 £525,898 -£15,143

  1. Pingback: The Full English Accompaniment – Premium Bonds: The time is now? – The FIRE Shrink

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