#43 December Summary

So, did we stick to the budget?

No. Overspent by £704.80

If not, why not?

Christmas. We spent roughly £500 on eating out as a family and £200 on travelling to see family.

Any positives?

Spending is over now.

Debt has dropped below £8k.

Lessons / thoughts?

Should budget for this for next year.

Expectations for next month?

Try and have a really lean month. However, potentially we'll be moving into the new house so might come up with unexpected costs then.

Effect on overall finances?

S    Student loan – Does not exist anymore :)

·         House loan – £298 was paid off direct debit. Total remaining now is £5,653

·         Credit Card -  £45.46 was paid off. Total remaining now is £1,975.37

   

Total Debt = £7,628.37

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Wealth Accumulation

Summary:

Problem setting up the monthly share save scheme has led to no further payments being made.

I sold my personal PPBF shares as now I am in the work sharesave scheme. £60 remains as cash in the account to prevent closure fee of £60.

Asset	Value	Increase
Pension Value	£14,081.25	£1,391.75
XO Shares Account	£60	n/a
Company Sharesave.	£200	£100
Fidelity Global Index Tracker	£50	n/a
Total	£14,391.25	£1,238.97