Thursday 7 January 2021

End of the month report - December 2020

Total portfolio: £52710 (+5829)

Debt: ZERO (-808)
External funds: ZERO
Car: No
Net Worth: £52710 (+6637)

Investments UK: £46579 (+6028)
Investments overseas : £3934 (same)
Cash: £1573 1803 (-230)
Pension: £16238 15996 (+242)

Total Income: £1742(main job)+0 (second job) + 350= 2092
Passive income: £350(16.74%)
Savings rate: 20%

Side hustle 2 profit (Royalties): £ 0
Side hustle 3 profit (Match betting): £ 11.32
Side hustle 4 value (Crypto): £26186 (Funds spent in crypto:10687)
Side hustle 5 profit (Focus groups): £0
Side hustle 6 profit (Internet):£218.13

This was a good month, and overall i managed to cover all the expenses from December quite nicely (total spend £1004 according to my math, could be lower than than but i got new phones for both of us, upgrading from Iphone 5 and 6 to Iphone 7 and 8). Crypto is increasing like mad lately, so in the first days of the year i send to my bank account the mentioned £1004, so i can say that technically crypto paid all our December expenses. I had a couple of match bets, hence the minimal profit, and i got paid another £18 for 6 surveys made in December (£3 each). I paid all debts from paypal and i had a nice income from cryptocurrency as interest, paid weekly, at the moment i get around 40$ per week. Still wave a nice cash reserve with only the rent to be paid until end of the month. As i will go to the yearly report soon, i am happy to see that financially 2020 was not that bad, with the main problems deriving from the anxiety and mental health issues caused from staying inside the house for too long. 

As the new year started, i am yet to prepare a strategy to lose the kilograms that are piling up lately, with all the festive food around. I reached 87 kg with 180 cm height, so i would need to loose around 7 kg as soon as possible. Still learning Spanish, but the guitar lessons are less and less often. 

Strategies for the new year? I will post them soon. Until then, i have a little link for you, to read the article and check the blogs in there, as all of them are paying quite well in cryptocurrency (I got only £85 this month, but my brother got almost £300 paid in December, writing consistently). 

That's it for the moment, take care and read my next article soon. 
George.

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