November 2019 Net Worth

Time for a quick update on how my figures looked for last month. We’re flying through the year, so it will be interesting to look back to how I was doing at the start of the year compared to where I finish up. For now though I’ll just look at November. As always last month’s figures are in brackets for comparison. I break down my figures to both include and exclude my house equity. The latter figure is to show how I’m doing in my quest to reach mortgage neutrality.


Mortgage £82,063.70 (£82,712.71)  


Cash £15,568.45 (£15,289.89)

Money in share save £14,304 (£13,804)

AVC’s £4,750.46 (£4,573.30)

Shares £35,562.18 (£33,128.09)

House £250,000 (£245,000)

Total Assets £320,185.09 (£311,795.28)

Net Worth including house equity

£320.185.09 – £82,063.70 = £238,121.39 (£229,082.57)

Net Worth excluding house equity

£70,185.09 – £82,063.70 = -£11,878.61 (-£15,917.43)

So I’m definitely happy when it comes to November’s figures. Absolutely every category has improved. I’m not entirely convinced about the Zoopla house estimate that I’ve put in there, but it’s difficult to know how else to judge it. As I’m not planning on moving any time soon it’s not really a vital figure anyway. Even my cash amount increased slightly. I’m pretty sure that will not be the case for much longer, with Christmas to pay for and the final payment for my Berlin trip due two days before Christmas.

The share price is still going in the right direction and giving my figures a much needed boost. My plan is still to sell a good chunk of my work shares and put them in Vanguard Index Trackers. I’ve got my next Share Save maturing in January so I’m going to buy and immediately sell those so I’m not increasing the amount of my work shares anymore. I was doing a few back of an envelope calculations yesterday in a quiet moment at work, and I reckon I can probably fill my £20K ISA allowance before April with my January Share Save and selling some of my other work shares. I’ve only used £650 of my allowance so far this year, so it will be great to get that filled up. It will be the first time I’ve ever been in the position to put the full amount in. I’m just keeping an eye on the share price and trying to figure out a good time to sell.

I’m absolutely delighted to see that I’m getting closer and closer to mortgage neutrality. It was lovely to duck under the £12K figure for the first time this month. I think I like this one so much because it’s something that seems achievable in the short term. My mortgage is still ten years away from being paid off, my investments are nowhere near a position where I’d be able to live off them, but at least I know I could almost cash everything in and be mortgage free. Clearly that’s not the plan, but still, it’s nice to know that it’s getting near to that being an option. I need to work on building my AVC pot up. That’s looking pitifully low. I used my pay rise this year to start that up, and the plan is to do the same next year. Unfortunately it’s not looking like the pay rise is going to be all that great, so I might need to have a think about how I can bump up my contributions another way.

All in all things are looking not too bad in the Sassenach garden. I’ve got Share Saves maturing in January 2020, 2021 and 2023. Based on the current share price I’m due to make just over £10K profit on those three schemes, so I’m happy with that. Clearly a lot can happen in the meantime, but there should be a nice wee boost to my net worth once they have all matured.

I’m already starting to think about next year and things that I want to achieve. I’m not really a big Hogmanay person in the sense of wanting to go out and have a wild old time. Even before I stopped drinking it didn’t really float my boat. What I do like though is the opportunity to reflect on the year that’s just past and looking forward to what’s to come. I enjoy setting up all my budgeting spreadsheets for the year to come. As this is the first year I’ve properly tracked my net worth, I am really excited to play around with the figures and see how much progress I’ve made.

So once Christmas is all done and dusted I’ll settle myself down and have a look at how I want next year to pan out. I already have a few fun trips booked, so I have high hopes for 2020. In the meantime though I’d better go and get myself vaguely organised for Christmas. With teenage kids there’s not too much actual shopping to do, but I’m still fairly sure I’ve been a bit lax in my preparation this year. The tree’s up though and I finally got around to buying lights for outside the house that I’ve meant to buy for a few years now.  They fill my heart with joy every time I see them, so that was money well spent and well worth the wobbling on a chair I did to put them up.  We also have candy canes, many many candy canes, so all is good with the world.