After achieving a record-breaking savings rate, March was always going to be a tough act to follow.
Birthdays celebrated by three friends proved to be quite expensive too this month, so there was to be no repeat performance!
So how did I get on?
So not a bad savings rate of 42.5% but disappointingly, it’s my lowest so far this year. Still, it’s a lot better than the 34.6% savings rate I managed in April 2014 – my first year-on-year comparison – woohoo!
This month’s savings was topped up with £10 football predictions winnings (yes, I keep winning!), £6.67 reviewing music on SliceThePie* and £80 rent received.
My average savings rate is still great at 51.7% due to the great boost I had last month but I think I’m going to be struggling to keep the rate up.
Got some fairly hefty expenses coming up over the next couple of months namely car insurance, home insurance and travel insurance, plus I need to renew my passport – what horrible timing!
My car will also be due for its first MOT, and my neighbour is having a new fence put up that adjoins my garden and I’ve agreed to contribute towards half the costs.
I’m going to try and spread these costs into bite-sized chunks so that I can keep up my savings rate if possible.
Future Fund and Net Worth
My Future Fund is now at £40,708.05, so still on track for my goal of £50,000 by the end of the year.
Net Worth is £97,590.58, a 9% increase so far from the start of the year.
The markets fell over the last few days so the above figures were higher when I ran them earlier in the week but I’m still happy with them.
I received £9.43 from GlaxoSmithKline plc, £2.29 from Land Securities Group Plc and £6.88 from my Vanguard All World High Dividend Yield ETF (may as well wrap all dividends received together) so a total of £18.60, surpassing March’s total to become my biggest monthly payout so far!
Dividends received in 2015 now total £47.57 so I’m at 33% of my goal of £145. I think it’s fair to say that I’m going to easily achieve this goal before the end of the year!
Shares and Investment Trusts
I bought some shares in Diageo plc and Rio Tinto plc. I also started investing in Bankers Investment Trust plc.
Updated portfolio here.
Non-Financial Goals Update
Food/Groceries Budget – I spent £113.15 this month, averaging £28.29 per week, first time I’ve gone over my budget this year. Finally had to replenish things like washing up liquid, toothpaste, toilet paper etc which I bought in bulk as they were on offer, so that hiked up my shopping costs. Also, with the weather getting nicer, I’ve started stocking up on my antihistamines for my hay fever. My average weekly spend so far is now £24.43 so still on target, but only just!
Cooking Recipes – I learned 1 new recipe this month – Garlic and Chilli Chicken Bake. This one’s a good one as I can make it with very little/no carbs.
Online Earnings – I actually thought I would do quite well on this goal when I set it originally but I’m quite a bit behind, as I need to average £50 per month in order to get the £400 required to achieve my goal. I really should list stuff on Ebay to try to bump this up but struggling to find the time do so.
Learning to play Poker – No update on this one and as I’ve not looked into it at all this month, I’m starting to forget what I learnt earlier on! Need to work on this a bit more, although still no rush on this one, I’ll continue to take things slowly as there’s quite a lot more to take in and learn.
– I borrowed one
book this month. At 5 books borrowed so far, I’m a little behind on my goal of 20 library books (aiming to read 40 books in total) this year so need to crack on with my reading! Via TFS’ post
, I discovered that my local library has a decent ebook catalogue, so more choice there for when I don’t fancy lugging round a big hardback!
Read personal finance/investing book – my target is two this year and I’ve now read one! Still working on my review, which I’ll post up sometime next month.
Here’s how I’m doing against my goals in brief:
Not a bad month in all especially as this didn’t happen (what do experts know, eh?) but of course, there’s always the chance that it could happen at any time, you just can’t predict when.
Anyway, have a nice weekend all and for those in the UK, hope you enjoy the bank holiday weekend!
[* Referral link]