The month of July seemed incredibly short. I enjoyed the bouts of heatwave – yes, even in Manchester! Funny how the same people moaning about the heat are now moaning about the rain…
This month also saw me attempting to clear out some space around the house in anticipation of my sister and nephew moving in soon – that’s come round fast, yikes!
Anyway, how did I get on in July?
I saved 44.3% of my net salary – delayed holiday costs took the remaining chunk of my bonus so I wasn’t able to boost my savings rate after all. I am actually saving a little more though, my 3% pay rise is in there!
The above savings includes top ups of £100 from a webinar (more on this later), £20 matched betting profit (from last month) and £74.38 affiliate income from OddsMonkey (thank you to all who signed up via my links!).
Shares and Investment Trusts
No new investments – I just topped up existing ones.
Current share/IT portfolio can be found here.
(Entire portfolio here)
A combination of the rock-bottom pound sterling and markets going up has meant a big jump to £173,204. I’m not getting too excited though – still plenty of political shennanigans which could make it drop right down again!
Dividends and Other Income
A record-breaking month for dividends:
I received income of £585.60! I would have loved to have hit the £600 mark but it wasn’t to be. Next year is likely to be lower due to my rebalancing my alloctions – I’ll get a lot less from Vanguard FTSE 100 ETF, maybe just half the amount I received this month. I think I’m back on track with my goal but have got a couple of fairly low months coming up – October needs to be a big one!
Here’s the main dividend income graph:
Matched Betting (MB)
A short month and general ‘busyness’ this month meant that I didn’t do as much MB as I would have liked. The Each Way betting started off badly so I was relieved when I ended up with total profits of £238. The last few months have been steadily creeping up but still on the low side. Fingers crossed this will pick up once the football season starts.
As mentioned before, the MB guide I subscribe to is OddsMonkey*, which is great for beginners and experienced matched bettors alike with quality tools to help you make profit. There are step by step guides and also a friendly forum for you to ask questions and get assistance on any of the offers.
Some people think matched betting is gambling but it isn’t (speaking as a former-though-now-occasional gambler). For me, it’s the ideal ‘side hustle’/hobby to do in my spare time. Anyway, check out the free trial* (with no obligations).
Here’s how I’m doing versus my goals:
Total Passive income (dividends) is now ahead of active income (MB), which is great news as the passive income is me getting paid for doing nothing, but also bad news that my efforts aren’t reaping as much as they should! I really should be making much more on the MB but don’t have the inclination to spend much more time on it than I already do, if I’m honest.
And I’m seriously behind on my reading – it always slows down when I’ve got a non-fiction book on the go but I’m still ploughing on.
Oh yes, as mentioned above, I received £100 for taking part in a webinar!
A couple of months back, I received an invitation to take part in a survey about investing, for which I would receive a £5 Amazon voucher. I checked out the marketing company running the survey; they seemed legit, so I did the survey and duly received my voucher. A second survey followed a short time later, again rewarding a £5 voucher. Then a third, much longer and more detailed survey about investing, offering a £10 voucher.
A few days before I was due to return from my holiday, I received another email, this time asking if I would take part in a webinar and that I would be paid £100 for my troubles! What!?
They were even offering to send out webcams to participants who didn’t have one so of course I blagged a new one! 🙂
And so it was that one evening early July, (still jet-lagged) I took part in a 2-hour webinar talking to 9 complete strangers (including one moderator) about investing!
The ages of the participants ranged from around 30 through to late 60s and judging from the various accents, they were from different parts of the UK.
In the first hour, we (loosely) took turns talking briefly about our views on investments, savings, pensions, ISAs, bitcoin, current affairs and the political climate. I think I was probably the person with the least investing experience there – most of the others had been investing for 15-20 years.
In the second hour, the moderator posed leading questions regarding investments, what we thought about investing platforms, what we liked/didn’t like; we took part in polls and discussed the instant results.
It was all very interesting and I could have continued talking a lot longer, only it was after 10pm when the moderator thanked us for our time!
Who was the company running the survey?
Nutmeg – two of the participants had accounts with them but only one guessed that it might be them. My guess was that it wasn’t HL or AJ Bell!
Well that was pretty easy money for two hours ‘work’, so I hope more such surveys/webinars come along my way!
I don’t know how the marketing company got hold of my details in the first place though – I haven’t bothered to ask them.
Finally, my Free Share!
I mentioned recently that Freetrade were trialling a free share referral scheme.
Thanks to the newly married SavingNinja for using my link – my mystery first free share has finally been revealed as:
It’s not a company I would have thought to have invested in but I’ve always loved the idea of randomness linked with share-picking. Will be interesting to see what other free shares I get (am hoping for Apple or Microsoft, haha!)
Thanks to those who have helped with the test and clicked on links – I hope you all got good free shares (most will be revealed by next week, if not already). if you’ve had any issues getting your free share after topping up, please let me know.
The free share scheme test is continuing so if anyone wants a link to bag a free share (worth up to £200), DM me via Twitter (@QuietlySaving) or via the Contact Me form for a one-use only link.