Hope is not an Effective Financial Strategy

MissLemon

porgiegeorgie wrote: »

This week has been my first week doing MB and it was your diary that made me get my butt in gear and start. I can't believe how simple it has been. Despite taking my time and triple checking everything and only doing a couple of introductory offers I am already £50 up with what feels like ridiculously little effort, glad I took the plunge!

shangaijimmy wrote: »

Well done porgie. I know what you mean about triple checking. I still do that now, and i never try to put bets on when kids are bouncing around as its asking for errors!!

Another one doing MB thanks to Shangaijimmy! Just trying it out today, triple checking everything, and shall report back!

shangaijimmy

I'll pass thanks onto hiddenshadow for getting me involved 12 months ago! Im hoping to hit the £700 profit for August this weekend (just need som accumulators to go my way).

shangaijimmy

Quick post whilst having post sausages morning coffee, waiting for Mrs SJ to be showered and ready to go out. So far so good with the budget for holidays! Nothing else to report.

I am looking forward to posting August accounts when i get home on Thursday night though!!

shangaijimmy

Well we're back, and back to the mountain of washing and last minute return to school prep. Budget for hols didn't quite go according to plan and we ended up nearer to the £300 than £200 target. But not to worry. I managed to keep up with TT's as well.

So August has literally come and gone in our house and i'm a touch late with posting accounts but here goes in the next post...

Oh got a nice £50 cheque from plusnet as cashback so that will get paid in and give us a nice boost to September OP's.

shangaijimmy

Had another good month however this has been significantly boosted with my decision to OP 50% of matched betting profits, which amounted to £347 :T

Monthly Statistics

• Closing Balance - £103, 922.28
• August OP's - £899.49
• Net Reduction - £1,374.47
• Daily Int - £4.67 (7p reduction)
• % Loan Remaining - 76.41%
• LTV - 47.02%

Diary Specific Statistics

• Balance Reduction during Diary - £32,077.72
• Average Monthly OP's - £609.51
• Average Monthly Net Reduction - £1,106.13

hiddenshadow

Great numbers!

greent

Great stuff, jimmy!

Now that back-to-school is upon us I plan to start reading into MB once we have a routine established

shangaijimmy

Oh I forgotten to add...2 bricks coloured in!

atypicalblonde

Nice to see you back, five figures within touching distance!

shangaijimmy

5 figures is indeed tantalizingly close. Definitely by new year, possibly end on November if MB continues as well as August was. I am away with work for 3 and a bit weeks in Oct which may scupper me though (no control over Mrs SJ!)