Progress Update – December 2018

I’m just coming to the end of a very busy holiday season and two weeks off and I can’t believe I’m only now getting round to writing here. Although seeing family and friends with plenty of food and drink is fun, I’m at that deflated stage where I’m starting to want to be more healthy and get back to some semblance of a routine!

Christmas wasn’t the usual huge expense. We dialled back on presents only buying jointly for our two nieces and two nephews and then doing a Secret Santa for siblings and in-laws. I then really only bought two presents – a trip to Rome for my boyfriend at just over £300 (but I get to enjoy that present too!) and a portrait of my nan who passed away in the summer for my mum and dad at £120. The other big expense for the month was my annual fee as a member of the Institute of Chartered Accountants in England & Wales (ICAEW) but I will be able to claim that back once I’m in the office again.


In terms of my net worth, I feel like I ended the year pretty strongly despite market volatility. My assets increased slightly  to £408k and my liabilities decreased slightly to £186k giving me a net worth of £240k an increase of 1% compared to November 2018. My liquid assets are increasing nicely and I’ve easily sailed past the £10k mark which I’m really proud of bearing in mind that 12 months ago I had less than £2k in cash!

I’ll be posting about my goals for 2019, financial and otherwise, soon – particularly because one of these is to post here at least once a fortnight! I hope you all had a lovely holiday season and feel refreshed for the New Year and new challenges! I’m looking forward to reading everyone’s end of year posts.

4 thoughts on “Progress Update – December 2018

  1. Happy New Year, TSJ!

    Wow, everyone’s net worth dropped due to the recent markets tumbling but yours didn’t – well done and congrats! Even so-called finance ‘experts’ haven’t fared so well, so hopefully more of the same for you as the markets are likely to continue to roller coaster!

    Looking forward to seeing your 19 goals!

    Liked by 1 person

    1. Thank you! But I must say that’s only because my level of investments is quite low and the amount I add each month is proportionately high. My investments did indeed take a hit like everyone else but I currently have a lot less to lose in £ amounts. A lot of my current net worth is made up of rental property and a defined benefit pension – still got to work on increasing those investments!

      Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s