Firstly, heartfelt thoughts to the families and friends of the 22 whose lives were mindlessly cut short at the Manchester Arena.
The arena is only 5 miles from where I live, the streets where alleged accomplices of the bomber have since been arrested are ones which I have often driven down. This is scary stuff pretty much on my doorstep but talking to my friends and people at work, there is a sense of strength and solidarity, we will not let terrorism beat us. I would have loved to have gone to the ‘One Love‘ gig that’s on Sunday but there was no chance I was going to get any tickets.
Work and Pay
Well, I’ve been flying by the seat of my pants at work these past couple of weeks. It’s been both scary and a bit of a rush but I did ok! Anyway, it was fortunate that I started my new job just before payroll cut off so I received a bit of a wage in May which I thoroughly deserved, if I say so myself! Woo hoo! 🙂
So, how much of my net salary did I save?
I saved 40%! My average for the year is now 46% so not too far off my goal of 50%. I’ll need to put in some good months to haul it back up.
The above savings includes boosts of £400 from matched betting profits, £28.31 from TopCashback*, £43.50 from football predictions, £69.35 from Google Adsense (my second payment ever!) and £51.36 affiliate income from OddsMonkey.
I still have just under 80% of my severance pay left. I’m going to invest some of it next month but think I will err on the side of caution and leave most of it sitting in cash (premium bonds) for now and review my options when I feel the urge to do so.
I’m not bothered about the crap returns from premium bonds – when I started planning for FI/retiring early, I never thought I’d be including any redundancy money so it’s a bonus already on its own. I think this will bring the cash element of my portfolio to around 14-15%.
I’ve topped up my emergency fund so that it now covers around 4 months’ expenses which seems to be an amount I’m comfortable with.
With the markets buoyant this month, my portfolio has continued to grow. At the end of May, my Future Fund ended up at £104,753.
Dividends and Other Income
Dividends received this month (which will be reinvested): Continue reading