Month: February 2018

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.