After what felt like the longest winter ever, we were able to bask in a glorious and sunny May! Being a ‘sun worshipper’, I enjoyed hours of reading and topping up my tan in the garden. It’s probably just as well that we don’t have that much sunshine here normally, else I’d get absolutely nothing done over the weekends!
And who didn’t shed a tear watching the Royal Wedding? Ok, maybe it was just me! I’m a fan of the TV show Suits so still can’t believe ‘Rachel Zane’ has married a prince!
Anyway, how did I get on with my savings this month?
I saved 36.3%! My average savings rate has now gone down to 48.5%. Had a couple of unplanned social outings and as mentioned last month, I had to pay my sister back as she’d booked and paid for my ‘holiday within a holiday’ (a few days in Thailand). These next few months are going to be rather ‘spendy’ so I probably won’t be able to tighten up the finances until after the summer.
The above savings was topped up with £24.80 from TopCashback*, £500 matched betting funds (used to invest in Freetrade as per my previous post), and £133.91 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)
The markets have been going up, although shenanigans around the world might make it go down again. Whatever. In any case, my Future Fund has jumped quite a bit, now at £143,620, steadily making progress towards my next big milestone.
Dividends and Other Income
Dividends received this month:
£123.27 was received, which has meant that I now only have one month in the year (Feb) where dividends were under £100. I’m fairly confident that I’ll cross that line next year. Back in 2015, getting £100 a month in dividends was just a dream – I’ve come a long way since then! Total dividends this year stands at £1,033.80, still ever so slightly behind plan but some big payouts on the way!
So here’s how things look on the main dividend income graph:
Matched Betting (MB)
A better month compared to April, although I really should have taken my own advice and avoided the no-lay accumulators (accas) in the last (mad) weekend of the football season – I ended up with a £70 loss! Lesson learned!
The EW betting was better, although I’ve been trying to find a level (value of stakes and volume of bets) I’m happy with so there was a lot of variance throughout the month, with ROI ending up at around 11%. Overall MB profit for the month was just £290.20 so not bad but should be better.
Total MB profits so far this year stand at £1,326, so still not on target but I’m getting a bit more confident that I may just get there if I keep at it.
I’m going to be out of the country for part of the World Cup so will miss out on some of the MB offers, although I have got around £30 worth of free bets banked, ready to place on the tournament when it starts.
As mentioned before, the matched betting guide I subscribe to is OddsMonkey*. Great for beginners and experienced matched bettors alike with quality tools such as the Each Way Matcher, Extra Place Matcher, Dutch Finder, Racing Matcher and Acca Matcher. There are step by step guides and also a friendly forum for you to ask questions. Anyway, check out the free trial*.
At this stage, I’m behind on all my goals but I’ll keep plugging away at them. I have actually started reading a non-fiction book so should be able to tick one off next month. For those interested, you can also see how I’m getting on with my Book Bingo here – I’ve crossed off another square!
Good news – this month, I celebrated my 1 year job anniversary – wow, the time has just whizzed by! I instigated a salary review conversation with my boss, but the bad news is that no one is getting a pay rise this year as the company didn’t hit their profit targets – roll on next year!
The other news is that there is going to be some company ‘restructuring’ but since I don’t know how this will affect me, no sense in worrying about it.
Hope you all had a great May!