Category Archives: premium bonds

January 2019 Savings, plus other updates

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Unlike last January, where I tried to lead a frugal nun-like existence, I did no such thing this time round – it was just a really quiet month social-wise, with only one cheeky ‘beer and Nando’s’ session after work on pay day.

All other weekends, I went to the gym or stayed at home, slowly making my way through the alcohol in the house, reading a little and re-watching (and enjoying) old episodes of Doctor Who (I started from the Christopher Eccleston series).

Oh, I did go on my first walk of the year – a 6-mile flat trek along the Bridgewater Canal in Warrington, which was very pleasant. I wore my new waterproof jacket and walking trousers (hand-me-down and a late Christmas present from a family member) so my walking gear is getting a bit more suitable for the good ole British weather!

I also got my first Premium Bond win of the year – hopefully, the first of many!

NS&I’s app informing me of my win!

So, how did I get on with my savings in the first month of the year?

I saved 41.5%, which is a pretty good start.

The above savings includes top ups from £116 matched betting profits (from last month), the £25 premium bond win, £10 lotto winnings, £15 from TopCashback* and £69.02 affiliate income from OddsMonkey (thank you to all who signed up via my links!).

Shares and Investment Trusts

No new investments, just added to existing ones.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

I was vaguely aware that the markets had begun to recover a bit but was surprised to see the extent of that recovery when I ran my numbers – my Future Fund is heading in the right direction again, sitting at £151,358. Whilst not all the losses have been recouped, I’m just glad to have crossed the £150k milestone again!

Dividends and Other Income

An average month of dividends: Continue reading →

April 2018 Savings, plus other updates

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Ok, so I had some second thoughts after reading some of the comments from last month’s post about pulling out all stops to top up my ISA, so with just a few hours to go before the tax year deadline, I opened a cash ISA account – nowt like living on the edge, haha!

Sadly, I wasn’t able to max my ISA, but I did add another £2.5k to make it over £17.5k (moved some of my emergency cash over and withdrew some matched betting funds) – I’m in a better position than I was before so thanks to all who made me reconsider and not dilly dally! 🙂

I went for Nationwide Building Society as I already bank with them so it was quick and easy to open the account – interest is 1.4% (Nationwide gave me an extra 0.1% loyalty bonus – woo hoo, I guess!) and the account has limited access but I’m ok with that.

Let’s see how I get on with this tax year’s ISA – I’m going to have try to top £17.5k now, aren’t I? Eek!

Anyway, how did that affect my savings this month?

I saved 45.3%! My average savings rate has now gone down to 51.1%.  I have now booked my holiday to HK – have paid for my flight in full (most of it via my ‘holiday fund’) but my sister has paid for my ‘holiday within a holiday’ (a few days in Thailand) so I’ll need to pay her back by next month.

The above savings was topped up with £1020 matched betting funds (I withdrew some cash from my betting and exchange accounts) and £68.54 affiliate income from OddsMonkey (thanks 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)

Future Fund 

The markets must have recovered a bit – after months of going backwards,  my Future Fund now appears to be heading in the right direction again at £138,939, back on track towards my next milestone.

Dividends and Other Income

Dividends received this month: Continue reading →

March 2018 Savings, plus other updates

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Sorry, you’re probably getting fed up seeing this image again but I’m not! 🙂 Another premium bond win of £25 means three wins in a row (a ‘Turkey‘, if I was ten pin bowling!), a record for me!  Can I make it a four-bagger!?

At work, it was decided that despite the company not hitting their global year-end target, we would still be paid a bonus. That bonus was a whopping 1% but hey, I’m not complaining as that’s still more than zero. Anyway, with nothing better to do with it, I’ve invested the full bonus amount.

So, how did that affect my savings this month?

I saved 56.6%! My average savings rate has now gone up to 53%.  I however still haven’t gotten round to booking my holiday, plus I have a super-busy social calendar in April so the high rate may provide me with a bit of a cushion when my rate drops over the next month or so!

The above savings was topped up with my £25 Premium Bonds win, £62.81 affiliate income from OddsMonkey (thanks to all who signed up via my links!), £300 matched betting profits and £50 rent received.

As I don’t earn enough to max out my ISA (the max being £20k in a tax year), this past week has been spent shaking down piggy banks and scrabbling behind the sofa to find anything to top it up before the end of the tax year, due to the ‘use it or lose it’ factor.

I managed to find a bunch of old £1 coins so these have been banked – every pound counts and they went towards helping me pay £15k into my ISA. Last year, I managed this amount with the help of some of my redundancy pay (when the max for an ISA was £15k) so I’m really chuffed with this achievement.

I’m sure some of you might be wondering why I’m also paying into my Emergency Fund instead of concentrating on my ISA – well, I took a chunk out for ’emergencies’ last year so need to top it back up. Once I get it back up to >3 month’s worth of expenses again, I can chuck more into my ISA.

Shares and Investment Trusts

I started investing in HICL Infrastructure Company Ltd this month. Think that’s it for new investments for a while, I’ll just top up existing ones for the rest of the year.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

Wobbly markets again apparently. As before, I didn’t follow the daily ups and downs, just got the month-end figure for my update. My Future Fund stands at £130,574 – it’s down 1% from last month, but whatever, I’ll just continue investing as normal.

Dividends and Other Income

Dividends received this month: Continue reading →

February 2018 Savings, plus other updates

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Perhaps it was just as well that I had a frugal January, which was quiet and without incident, seeing as February was almost the opposite, though it was a mix of good and not-so-good.

Good Stuff

Several social outings with friends did the world of good to banish away some January blues!

Work has been manic but manageable –  the leadership team were over from the US, and my colleague and I were described as a ‘Dream Team’ – hope they remember that when they’re dishing out the pay rises, haha!

I received a surprise letter from a building society regarding a ‘failed’ PPI claim I’d made last year, which advised me that following the FCA’s updated regulations, I was actually entitled to payout so I received £74.40 – thanks very much!

Then, it was another month, another premium bond win, with £25 going into the pot with the other winnings!

Also, I kicked off my home brewing again as I had a ‘window of opportunity’ before work on my kitchen is finally completed. I’d forgotten how much effort it all takes but it was an enjoyable kind of effort and my kitchen smells like brewers hops now! A full update once I have a (hopefully) nice IPA to sample!

Chinese New Year came and went with its usual associated family expenses which were (mostly) budgeted for. May the Year of the Dog be a happy, prosperous and lucky one for all!

Not-So-Good Stuff

That first cold snap we had in the month, my boiler broke down so I was without heating and only intermittent hot water for 3 days. Fortunately, I still had the use of a gas fire, made the most of the shower facilities in my gym, plus the call out and subsequent repair was covered by my boiler plan.

Next, my PC of 8 years decided to break down. I spent 3 days trying to fix it myself (via youtube vids) but as I didn’t want to make the problem any worse, I had to call in an expert. The repair and replacement hardware took a chunk out of my emergency fund but it’s all running like new again so here’s to another 8 years.

Savings Stuff

So, how did I get on with my savings this month?

Ok, I saved 43% – not as bad as I thought it was going to be if I’m honest. My average savings rate now drops to 51.2%.  As I’ll be booking my holiday in the next month or so (which may turn into a ‘holiday within a holiday’), I’ll just need to keep a cap on some other spending over the next couple of months so my average doesn’t drop too much, though I won’t go full-out frugal again like last month (too soon!).

The above savings was topped up with my £25 Premium Bonds win, £74.40 from the PPI claim and £85.73 affiliate income from OddsMonkey (thanks to all who signed up via my links!)

Shares and Investment Trusts

I started investing in Scottish Investment Trust this month, for more diversification.

Current share/IT portfolio can be found here.

(Entire portfolio here)

Future Fund 

The news in February was all about the crisis – I’m talking stock market, not KFC chicken, haha – which I pretty much ignored at the time.

What I do know is that at the end of the month, my Future Fund stands at £132,249 – yes, it’s gone down a bit from last month, but in line with my long-term plan, I’ll just continue investing as normal.

Dividends and Other Income

Dividends received this month: Continue reading →