My Overview
Total portfolio: £27869(-189)
Debt: £397(-370)
External funds: ZERO
Car: £500
Net Worth: £27972(+181)
Investments UK: £9770(+68)
Investments overseas : £4160( +912)
Cash: £841 7184 4480(-2704)
Pension: £7673(+107)
Total Income: £1885(-8101)
Passive income: £426(22.60%)
Savings rate: 33%
Side hustle 2 value: £0.57
Side hustle 3 value: £393 (Profit July-328)
Side hustle 4 value: £25 (Funds:482)
Continuing to pay all debts, as they decrease i registered a jump in the net worth, small as it is, but it is a plus never the less. I am looking to sell my car, which in return will decrease my monthly expenses with 70-80 pounds on average.
Saving rate is decent, i am also trying on new things, like bitcoin mining, coin collecting, rare books collecting, this being some long-term projects. I have also started a Help-to-buy ISA, in the eventuality of buying my first house for rent in few years from now.
The income this month was alright, with more than 20% semi-passive. I need to dedicate some time to side hustle no.2, as i did not take care of it from March. The other two are fine, side hustle no.4 being 100% passive, and no.3 needing 15 minutes daily.
Probably in the next months i will be faced with massive change, moving house and re-doing the whole finance stuff in another manner. But i will know it when i will be there. Until then, keep saving, until you are ready to be financial independent. Never stop.
“The trouble with being poor is that it takes up all your time.”
– Willem de Kooning
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