An ‘action-packed’ month, filled with interviews, lots of matched betting, plus a short trip to Hong Kong to see my poorly Grandma (getting better but not fully recovered).
My ‘income’ this month has been derived from the last of my pay-in-lieu-of-notice (PILON) from my last job.
So, how have I done in March?
After last month’s record-breaking savings rate, it’s back to a good solid savings rate of 58.6%.
This pushes my average savings rate so far to 64%.
As I’m still only at interview stage with regards to my job hunting, it’s highly unlikely that I will have a salaried wage in April.
As I have always worked out my savings rate to be what I save from my normal working wage, this means that my savings rate is going to be a big fat ZERO! I know others calculate their savings rates differently but I’m just being consistent with my own calculations.
I think I’m likely to continue to invest using matched betting and other income – I guess others might not save/invest whist unemployed but I feel that I need to keep the saving/momentum going, even at a reduced rate. At least in the short term, anyway.
March’s savings was boosted by the £50 I won in Premium Bonds, £50 from rent received, £292.40 Jobseekers Allowance (ahem, continuing to make the most of ALL my income while I can), £14.62 from TopCashback*, £250 matched betting profits and I was lucky on the lotto again so another £10 win has been chucked into the pot too.
As mentioned in my last post, I hit my biggest milestone so far, that of reaching £100k in savings/investments. With Brexit triggered and more Trump shenanigans in the news, the markets wobbled a little but my Future Fund ended up at £100,442.
Dividends and Other Income
Dividends received this month (which will be reinvested): Continue reading