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!
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)
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:
I received £286.89 in total, of which £33.46 was from my ISAs, the rest in my SIPPs.
So early days yet, but here’s how things look on the main dividend income graph:
Matched Betting (MB)
Probably one of my worst months in a while! In a double disastrous whammy, I made a loss on my no-lay accumulators and only scraped in a tiny profit with my Each Way (EW) betting. Total profits this month came in at a paltry £51! Almost not worth bothering (almost…)
Anyway, if there are any other matched bettors out there who are trying out the risky (though potentially lucrative) EW betting strategy, they might be interested in downloading the Slack app, and joining the EW Betting chat which Dan from Pursue Fire has kindly set up. Here, we share strategies, highs and lows of EW betting, our daily profits/losses, the occasional hotshot tip from TFS and you get to gawp at his mad stakes and huge profits! 🙂 [**SECOND EDIT** (03/03/19) Due to a flurry of people joining, Dan has decided to close the group to new members until further notice, to keep it manageable and more ‘private’]
As mentioned before, the MB guide I subscribe to is OddsMonkey*, which is great for beginners and experienced matched bettors alike with quality tools such as the Oddsmatcher, 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 and get help on any of the offers.
Matched betting isn’t for everyone but you won’t know until you try it! Anyway, check out the free trial* (with no obligations).
Good to see my passive income totally trashing my active income (MB) but I really must do better in the MB!
I’ve also managed to cross off a few squares in my Book Bingo, and in a month where not a lot happened, this was quite exciting, haha!
Hope you all had a great January!