March 2017 Savings, plus Other Updates

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.

Future Fund 

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

Procrastination

As mentioned in my February update, I can’t say that I’ve been doing my utmost with my job hunting and I guess that as well as enjoying my free time too much, I’ve been suffering badly from procrastination.

I even borrowed a book from the library to help me focus but I haven’t gotten round to reading it yet…ahem!

What have I been doing instead of job hunting?

  • Sleep – Upon my return from my hols, the last two weeks of January were spent sleeping a lot as I was initially jet-lagged and then poorly with a virus.
  • Binge watching TV – I’ve been watching stuff like ‘The Man in the High Castle’, ‘Blacklist’ and ‘Homeland’. No daytime TV – I’d not stoop that low!
  • Reading blogs/tweets – I didn’t read any blogs while I was away so caught up on my reading. I also culled my Twitter feed to a more manageable level – following too many is just distracting and tweets that I may actually want to read end up getting lost in the noise/spam.
  • Practising my ukulele – Still getting used to the simple chords but I can ‘play’ a couple of tunes now. A great way to relax, though I need to learn how to ‘sing’ AND play at the same time – note sing in inverted commas as I can’t hold a proper tune!
  • Painting and decorating – I’ve been glossing the doors in the house, but got bored after a few so still have more to do at some point.
  • Matched betting (MB) – I started to do a bit of horse racing MB during the day, to help boost my profits. I still very much prefer MB on football but thought I’d see if I could tap into the much-touted riches of the Cheltenham Festival which are taking place this week.
  • Bird watching – It’s not very often that I get to sit around and enjoy the wildlife/birds in my garden. The grey squirrels have been keeping me entertained with their antics and with winter over, a variety of birds have returned to the garden.  However, I never expected to see a hapless pigeon being caught and plucked alive by a sparrowhawk…I’d seen a mass of feathers on my lawn previously but had thought it was the work of the neighbours’ cats!
  • Hunter looks smaller than the prey and yes, those bits scattered about are feathers!

I’m glad that I haven’t resorted to playing games on my PC or tablet as I would end up losing hours/days. As a former gamer, I can’t say that the thought hasn’t crossed my mind, however. The only game I have going is Pokemon Go, which really only means that I park a little further away from the supermarket so I can do an extra bit of walking (to ‘hatch’ eggs and ‘catch’ Pokemon!).

I’ve been maintaining a routine of sorts, so still attend my gym classes and work out, plus of course, I’m now playing netball too. I’ve continued to wake up to my alarm as if I’m going to work every day and going to bed at my usual time. This way, my weekends remain different and are something to look forward to, ie drinking and having lie ins! 😉

A Little Progress

Anyway, since I started drafting this post just over a week or so ago, I ramped up my job hunting efforts and I have had two job interviews – just goes to show what a little effort can achieve, I guess.  I hope I make it through to the next stages of interviews but realistically acknowledge that nothing is guaranteed (even though I thought the interviews went quite well) and that I could well be job hunting for a while yet.

Just need to make sure that I don’t fall back into a routine of procrastination!

February 2017 Savings, plus other Updates

Time for another update!

Again, my ‘income’ this month has been derived from my pay-in-lieu-of-notice (PILON) from my last job.

So, how have I done in February?

Well, I achieved my highest ever savings rate –  79.8%! Woo hoo! 🙂

Rather incredible but most certainly a one-off, largely due to the work bonus which I used to purchase my Dogs of the FTSE portfolio earlier in the month.

This pushes my average savings rate so far to 66.7% but as mentioned before, if I’m still jobless in April, my savings rate is going to be at or around 0%….

February’s savings was boosted by £50 from rent received, £229.75 Jobseekers Allowance (ahem, gotta make the most of ALL my income while I can), £63.10 affiliate income from OddsMonkey* and I had a £10 lotto win which I’ve chucked into the pot too.

Future Fund 

The big extra capital injection and the stock markets still being favourable to my portfolios despite political shenanigans means that my Future Fund is now up to £98,642, which is getting rather close to that big milestone!

Dividends and Other Income

Dividends received this month (which will be reinvested): Continue reading

January 2017 Savings, plus other Updates

Ok, the first savings/investment update of the year and things don’t look too different from much of last year.

My ‘income’ this month has been derived from my pay-in-lieu-of-notice (PILON) from my last job.

Previously, my savings rate calculation was based on my net income from my main salaried job, ie net of tax, NI and company pension contribution.  The PILON is net of tax and NI.

So, how have I done in January?

My savings rate was 53.6%, a great start to the year!

That said, if I’m still jobless in April, my savings rate is going to be at or around 0%….

However, next month’s number should get a very big boost as it’ll include my bonus. My highest ever savings rate so far is 70.4%, achieved in March 2015. It’s possible I could better this…watch this space!

January’s savings was boosted by £70.84 from TopCashback* and £50 from rent received.

Future Fund 

With the crippled £ sterling doing a creditable impression of a bottom-feeder, my Future Fund continues to ignore other political shenanigans and is now up to £92.321.

Dividends and Other Income

Dividends received this month (which will be reinvested): Continue reading