August 2023 - End of the month report
Total portfolio: £65523 (-4744)
I am back after half a year, checking the numbers. How am I doing? Lets see:
Debt: 431
External funds: ZERO
Car: No
Net Worth: £65092 (-5175)
Investments UK: £32816 (-8711)
Investments overseas : £389 (+10)
Cash: £5356 (+1721)
Pension: £26458 (+2534)
Passive income: £709 (28.82%)
Savings rate: 25%
Side hustle 2 profit (Royalties): £ 0.06
Side hustle 3 profit (Match betting): £0
Side hustle 4 value (Crypto): £707 (Total funds still invested in crypto:4400)
Side hustle 5 profit (Focus groups): £0
Side hustle 6 profit (Internet):£0
Half a year passed, and the economical environment is making it harder and harder to create some value and make some extra money. As you can see, I got a small debt as I used PayPal to buy some plane tickets. I was a bit all over this year, with no less than 4 holidays, and 2 more incoming before the end of the year. Decided to enjoy life a bit this year, and there is no real incentive to put all the extra effort trying to catch a falling knife. Net worth went down a bit, just related to crypto portfolio, which is decreasing slowly this year. Still, I am able to biuld and make some profits, £700+ this month, and in the last 3 months I got some small amounts and exchanged them into bank money (not a lot, only£ 2-300 to boost my expenses account). Other than that, pension account increased 2K, after it kept losing its value for the last 2 years. Money goes into it every month. Cahs fund also increased with almost 2K, and I plan to build it a bit more for now, given the uncertainty, to have some emergency funds if the need arise. I am still saving all that I make online, and a quarter of my main job wage. As the life it geting more difficult, I applied for a second part time job, as agency worker, aiming to do 1-2 extra shifts monthly to get some extra cash. Didn't had the honor to do my first shift yet.
This is exactly how the situation is going all over the world, if a person wants to get peace of mind, then he has to go on vacation for some days and then when he comes back, his mind will work well. In the same way, living has also become difficult.
How come you make money off focus groups?Like are they still having such any these days? I have not attended one such since the pandemic times. It is really hard to find those options. I also am not good with betting but I wish i had more such side hustle options. Good to see your saturday saving progress :)
i don't, i stopped since you need to go to them in person now, i only accept one if it is online.