January 2018 status update

Well, it’s my first attempt at a status update and I honestly don’t know how best to write it. So rather than procrastinate for days/weeks/months like I usually do, I’m just going to draft something and click publish. It’s better than nothing and will hopefully improve over time!

January was a good month financially as I managed to save £2,630. Not too shabby! In fact unusually high for recent months. I notice that other bloggers post a percentage of income figure to show their savings rate – I’m not quite sure what formula to use here, as I’ve seen different ones used. So I’ll leave that until a future post when I understand it a bit better.

My SIPP and ISA performance were non-existent – mainly because I decided to transfer them both from HL to IWeb (expect a separate article on that at some point). That took longer than planned so my investments have sat around in cash for the best part of two months. Hopefully they will be back on track soon.

Matched betting brought in £245.84, which I’m happy with. My plan is to only work on one offer at a time (I get confused with some of the more complicated ones if I’m trying to progress multiple offers together).

Finally, P2P lending brought in £217.41 – the first time it’s peaked above the £200 mark. Very satisfying!

So that brings January’s savings total to £3,093.25.

I’m sure this post will need editing over the coming days. I would certainly welcome any feedback that might help improve my blog! 🙂

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