Net Worth Update – August/September 2018

So it’s time to check up on whether HTSC’s net worth has increased or decreased in August/September 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth % To Target
2017 2018
January 5.21 6.30
February 5.39 6.33
March 5.85 6.34
April 6.09 6.57
May 6.39 6.87
June 6.52 6.96
July 6.62 7.30
August 6.86 7.45
September 7.01 7.54
October 5.85
November 5.97
December 6.23

Once again it’s been a good couple of months with that spare cash working nice and hard on our behalf. Here’s the net worth data in graph-o-vision.

Graph 1 –  We’re continuing our slow progress north.

It would appear that bi-monthly updates are the order of the day. So we’ll see you back in a couple of months time when hopefully the HTSC household will be able to report that it is now at 8% of target net worth.

Net Worth Update – June/July 2018

So it’s time to check up on whether HTSC’s net worth has increased or decreased in June/July 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth % To Target
2017 2018
January 5.21 6.30
February 5.39 6.33
March 5.85 6.34
April 6.09 6.57
May 6.39 6.87
June 6.52 6.96
July 6.62 7.30
August 6.86
September 7.01
October 5.85
November 5.97
December 6.23

Once again it’s been a good couple of months with that spare cash working nice and hard on our behalf. As we can see, the HTSC household is now above it’s previous highest net worth percentage to target of 7.01, from last September. Here’s the net worth data in graph-o-vision.

Graph 1 –  We’re continuing our slow progress north.

Everything should be back to normal as of now. Not entirely sure what happened to June there, it just seemed to zip by in a flash!

Net Worth Update – May 2018

So the HTSC household had a busy time at the end of May, travelling around the UK seeing family and spending a couple of days in Belgium (Leuven is a lovely city if you ever find yourself in Belgium with no plans) but don’t worry, normal service will now resume, so as they say, better late than never.

So it’s time to check up on whether HTSC’s net worth has increased or decreased in May 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth % To Target
2017 2018
January 5.21 6.30
February 5.39 6.33
March 5.85 6.34
April 6.09 6.57
May 6.39 6.87
June 6.52
July 6.62
August 6.86
September 7.01
October 5.85
November 5.97
December 6.23

Overall it’s been a good month, that spare cash is definitely working nice and hard on our behalf. As we can see, the HTSC household is close to the previous highest net worth percentage to target of 7.01, from last September. Here’s the net worth data in graph-o-vision.

Graph 1 –  We’re continuing our slow progress north.

 

Net Worth Update – April 2018

So it’s time to check up on whether HTSC’s net worth has increased or decreased in April 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth % To Target
2017 2018
January 5.21 6.30
February 5.39 6.33
March 5.85 6.34
April 6.09 6.57
May 6.39
June 6.52
July 6.62
August 6.86
September 7.01
October 5.85
November 5.97
December 6.23

Now we’re starting to see some movement! Only another 93.43% to go and we’ll be at our target net worth. Here’s the net worth data in graph-o-vision.

Graph 1 –  We’re slowly moving in the right direction again.

Only a quick update this month, as Mr & Mrs HTSC have been out in the garden enjoying the spring sunshine.

Net Worth Update – March 2018

So it’s time to check up on whether HTSC’s net worth has increased or decreased in March 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth %
2017 2018
January 5.21 6.30
February 5.39 6.33
March 5.85 6.34
April 6.09
May 6.39
June 6.52
July 6.62
August 6.86
September 7.01
October 5.85
November 5.97
December 6.23

Again it’s the same story as February, the net worth increased (yay!) but not by much (boo!).

The reason that it hasn’t increased by much this month is it’s been a wee bit choppy in the stock markets. Here’s a snapshot from the past month for the LifeStrategy 80% Equity Fund

Graph 1 – It’s starting to get interesting, that’s for sure.

This doesn’t put Mr HTSC off the plan, in fact quite the opposite, as the price falls, more units in the fund can be bought at the cheaper price! And here’s the net worth data in graph-o-vision.

Graph 2 –  As we can see, the bloody thing continues to flat line in 2018.

As previously stated, no one said making your spare cash work harder for you was going to be plain sailing, so with that Mr HTSC just keeps calm and carries on.

Take it easy.

How to save cash on your mobile phone

Mr HTSC recently changed mobile phone operator and mobile phone and it didn’t cost him a fortune. Here’s a comparison of the operator plans, both of these are sim only, month by month contracts. Once we’ve gone over this, we’ll get onto the actual phone.

Old plan

Minutes 500
Messages 500
Data 250MB
Cost Per Month £10

New plan

The new contract is with The Peoples Operator and is a rolling month by month contract.

Minutes 750
Messages Unlimited
Data 1.5GB
Cost Per Month £4.99

Now the comparison isn’t that difficult, not only does the new plan increase the number of minutes, texts and data, Mr HTSC gets all this for HALF  the price of the old plan.

As is customary on HTSC, let’s take a quick look at the numbers over a period of 1 year (cost per month x 12).

Old plan £120
New plan £60

And there we have it, Mr HTSC has saved himself £60 per year for 5 minutes work.

So you might be asking, how do I find these offers myself? Well Mr HTSC found this gem on the MoneySavingExpert website, within about 5 minutes of deciding it was time for a change. So it really didn’t take long to find.

As for the handset, having looked around at number of different models and deciding an iPhone is just too expensive, the only other option was to go for a Android device. Now, there are some interesting deals being offered by some of the big operators but Mr HTSC wanted to buy the phone out right, so after looking at few models, the Huawei Y6 2017 was purchased from Amazon.

It’s a great phone, with a battery life of around 4 days. I’m sure you could get more out of it if you didn’t occasionally look at nonsense on the internet. It is 4G compatible and comes with the ability to insert a micro SD card to increase the 16GB storage already available. The price for the phone is £99.95. Although £99.95 sounds like a lot, if you spread that out over the next 12 months, that’s £8.25 per month.

Time for a  comparison with a deal from one of the big mobile operators (freshly screen grabbed) for the iPhone X on a similar minutes, texts and data package.

A very costly mobile phone plan!

Here are the numbers in black and white.

Up Front Cost Monthly Cost Total after 2 years
Huawei Y6 + TPO sim only plan £99.95 (cost of buying the phone out right) £4.99 £219.71
iPhone X + Airtime plan £99.99 £62.00 £1587.99

After 2 years, which the iPhone X plan is over, the difference between the two is a whopping £1368.24. Now I don’t know about you but I certainly don’t need a phone which will take over £1000 of my hard earned cash out of my wallet unnecessarily.

Net Worth Update – February 2018

So it’s time to check up on whether HTSC’s net worth has increased or decreased in February 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth %
2017 2018
January 5.21 6.30
February 5.39 6.33
March 5.85
April 6.09
May 6.39
June 6.52
July 6.62
August 6.86
September 7.01
October 5.85
November 5.97
December 6.23

Again it’s the same story as January, the net worth increased (yay!) but not by much (boo!).

The reason that it hasn’t increased by much this month is because there was a sharp drop in the value of stock markets all over the globe. This meant that the ISA and SIPP in the HTSC portfolio dropped in value. Don’t worry, Mr HTSC hasn’t gone all frivolous and started spending money on items he doesn’t need.

In the January update, I promised you a sexy graph, sadly it isn’t as sexy as I’d like it to be but it’s a graph non the less.

Graph 1 – Net worth increase. As you can see, the bloody thing has flat lined so far in 2018.

No one said making your spare cash work harder for you was going to be plain sailing. There are going to be ups and downs. It’s about holding on tight and breathing slowly when everything is heading south. Shamelessly pilfered from Berkshire Hathaway’s latest annual report  (page 11) are these few lines of wisdom (pulled from Kipling’s If ) to bare in mind when things aren’t going well.

“If you can keep your head when all about you are losing theirs . . .
If you can wait and not be tired by waiting . . .
If you can think – and not make thoughts your aim . . .
If you can trust yourself when all men doubt you…
Yours is the Earth and everything that’s in it.”

Stay safe and warm folks! Over and out from a very snowy Scottish Borders.

 

 

Getting others into saving that hard earned cash

So, you’ve done your reading and you’re fully on board with taking a good hard look at your financial position and want to get going. However, you happen to be in a relationship where your partner may have no idea what you’ve been up to (creating budgets, thinking of what can be cut out or down from your monthly spending and generally just being eager to swing that cash saving sword like a ninja) but you’re not sure how to approach the subject. Well Mr HTSC can offer you one solution (it’s not sexy in any way, shape or form) but it might just work.

I present to you, the HowToSaveCash’s (let’s not work till we’re nearly dead) plan. Yes, it’s a presentation, everyone’s favourite way of sharing info 😉

I recommend hitting the full screen button on the slideshow.

I actually went through this with Mrs HTSC as she had many, many concerns regarding the investing side of this plan. However, I believe fear and/or concern usually comes from not knowing, so with a little time and this presentation, those concerns were eased (not completely gone but being more informed helped).

Now a presentation isn’t everyone’s cup of tea. When I proposed this to Mrs HTSC, she showed about as much enthusiasm for this as being told she was going to have to sit there and watch paint dry for 20 minutes. But the end result was worth it, she even said that it “wasn’t as bad as I thought it was going to be”. Which in my mind, is a result.

I did aim this at someone who really isn’t interested in finance so it might seem overly simplified but it’s a start and sometimes that’s all you need to get the ball rolling.

Net Worth Update – January 2018

So it’s time to check up on whether HTSC’s net worth has increased or decreased in January 2018. I’m going to leave the previous years net worth numbers in these updates so we can see that (hopefully) everything is headed in the right direction. 

The HTSC portfolio can be found here and a round up of 2017 can be found here.

Remember only percentage values are being used as it makes no difference to you what the HTSC net worth target is.

Net Worth

Month Net Worth %
2017 2018
January 5.21 6.30
February 5.39
March 5.85
April 6.09
May 6.39
June 6.52
July 6.62
August 6.86
September 7.01
October 5.85
November 5.97
December 6.23

As we can see, the net worth increased (yay!) but not by much (boo!).

As discussed in the 2017 Net Worth Review, there is a ‘big picture’ at play here, so as long as by the end of the year we’re close to or passed 2.84% (which the HTSC household is already) then the HTSC plan is still on target.

Sadly with only being one month into the new year, there’s nothing to show on a sexy graph. Hopefully you’ll be able to forgive me and return for the February update, as that will contain a sexy graph or two.