The month started off with a welcome £50 win on the premium bonds (2 x £25).
It was then pretty much just a blur of work, gym, a lovely weekend away (which will be in a future blog post) and a trip to the cinema to watch ‘Avengers: Endgame’ (which I thought was epic). Is it wrong to take my own water and snacks to the cinema?
There were a couple of unexpected costs which had me dipping into my emergency fund – the down-pipe/gutter at the back of my house had blown down so I had to get that fixed and my car failed its MOT, requiring a new tyre and repair to windscreen washer.
Anyway, on with the numbers – how did I get on in May?
I saved 39.3% of my net salary, which was better than I thought as some expenses (holiday ones) have been carried over into June on my credit card.
I should be due the second part of my work bonus next month, plus a small pay rise will come into effect, so should in theory, be able to save more of my salary.
The above savings includes top ups of the above-mentioned £50 premium bond win, £67.40 from Google Adsense income and £138.30 affiliate income from OddsMonkey (thank you to all who signed up via my links!).
Shares and Investment Trusts
As mentioned recently, I sold some AJ Bell shares (which I acquired from IPO) and used this money to open up an investment in International Biotechnology Trust.
Current share/IT portfolio can be found here.
(Entire portfolio here)
The markets have been rather jittery this month I believe and my Future Fund has gone a little backwards at £164,227. Nothing to worry about, just continuing to invest.
Dividends and Other Income
Compared to last month, a more typical amount of dividends received.
Total dividends received so far this year comes to £1,378.50 so am a little behind on my goal but it’s still early days yet.
Here’s the main dividend income graph:
Matched Betting (MB)
Although the month passed quickly, in respect of MB, it dragged on because I was on a big unlucky losing streak! Note that this is not with ‘normal’ MB but with my more risky each way (EW) betting strategy. At one point, I think I was over £300 in the negative but a few lucky days and a strong final day of the month hauled me back into profit.
It wasn’t a big overall amount at £154, but I was so relieved to get it, plus it’s more than what I made last month.
Total MB profits so far this year come to £1,722 so am running behind on my goal but there’s time to turn this around. The next couple of months will be all on horse-racing with the domestic football season over. Just need the variances to be on my side.
As mentioned before, the MB guide I subscribe to is OddsMonkey*, which is great for beginners and experienced matched bettors alike with quality tools such as the Oddsmatcher, Each Way Matcher, Racing Matcher and Acca Matcher among others. There are step by step guides and also a friendly forum for you to ask questions and get help on any of the offers.
Some people find Matched Betting boring and too repetitive, but you won’t know until you try it and for me, it’s the ideal ‘side hustle’ to do when I want to. Anyway, check out the free trial* (with no obligations).
Here’s how I’m doing versus my goals:
My average savings rate continues to drop but I’ll carry on saving/investing what I can.
Passive income (dividends) was only marginally beaten by active income (MB) this month – the MB profits should be a lot higher.
I’ve finally finished all those books in that pile I showed at the end of my last update, so gleefully went to the library last weekend to grab a couple of books.
Prompted by SavingNinja, I’ve started to read a non-fiction book, the first of 3 which I hope to read this year. A few pages in, and I’m already struggling but I shall persevere and will do a short review when I’m done.
And that’s it from me. Both looking forward to and dreading tonight’s all English Champion’s League final…
So, goodbye to May (in more ways than one) – how was yours?
PS – for those who don’t see my sidebar when you visit my blog, you might be able to see my header where I’ve added a blogroll to check out other FIRE blogs.