Hope is not an Effective Financial Strategy

shangaijimmy

A few days late, but here goes with out 1st August Networth calculations.

Assets

• Assets - £410,748.80
• Investments - £1,933.46
• Retirements - £157,613.41
• Cash - £9401.95

Debts

• Mortgage - £91,366.26
• Car Loan - £1,125

Networth

• Networth - £318,257.54
• Change - £3,594.68

shangaijimmy

Only a small weekly TT pot this week. £2.66 dispatched as an OP.

SuperSecretSquirrel

Your "assets" figure skyrocketed from 241k to 410k this month SJ... Typo, or do you have a secret that you want to let us in on? I could do with that kind of month to month increase

shangaijimmy

Hmmm not sure on that one... i think a mistake last month?? Will have to investigate!!

A_Frayed_Knot

SuperSecretSquirrel wrote: »

Your "assets" figure skyrocketed from 241k to 410k this month SJ... Typo, or do you have a secret that you want to let us in on? I could do with that kind of month to month increase

That'll be MB !!! Tip Top Expert at it, World cup and all that :rotfl:

SuperSecretSquirrel

Sadly, I don't think it's the matched betting wot won it

I think up until this month you listed house value under subcategory "Assets" in category "Assets" it was around 242k the last couple of months. This month I think "Assets Assets" is the total value of house, retirements, cash, and investments

chumpy45

Hi SJ, I have caught up with you and your adventures after a long absence. You are making fantastic progress and have really inspired me with the TTs. Really enjoy your diary.

shangaijimmy

Thank you chumpy and SSS. Your posts really inspire me to keep going. I'm finding motivation to post tough at the moment.

Money just seems to be haemorrhaging out of our account at the minute, and its things that can't be avoided too! Without being too dramatic I'm thinking of selling one of Mrs SJ's kidneys to raise some funds...

themadvix

The slump won't last - just keep swimming! It is hard work at times though, especially when there's nothing to see for your hard work (falling mortgage balance isn't very tangible!).

Have you checked down the back of the sofa for your motivation? Did you leave it at the caravan?

Busy_Mee1

Cut yourself some slack Jimmy ( and leave Mrs SJ her kidney !) It is August after all, the kids are off school and need entertaining and feeding. I remember when mine were school age thinking that all of my August wage just got spent on the kids. You will be back to normal in September.