September 2017 Networth

September 2017 Networth

I’ve decided a change of format is in order so time for the 1st monthly networth report.

For the past year or so I’ve really struggled to get my income/expenses reports done in time. The truth is i found them incredibly dull to calculate and produce as everything is pretty much just on autopilot these days as far as salary & expenses go. The only real variable is the Matched Betting income however that is extremely volatile and can go anywhere from 1k to 4k in a typical month without really much difference in effort on my part. I’ve therefore decided to get rid of the old income/expenses report and instead just keep a record of income earned and networth. 90% of my time on the old reports was spent categorising all spending and I can’t see much value in continuing that given that it rarely changes much from month to month now.

From Matched Betting I made £1,775.39 in September. A little disappointing but the figure is slightly deflated due to a few hundred pounds worth of bets still open and so not recorded against profit. I tried a new strategy of accumulators this month which didn’t go too well, however my little brother has been following the same strategy with excellent results so I’ll continue it into October. As always, I go into a bit more detail on the Matched Betting Guy blog.

I’ve also started building up an affiliate income stream from the Matched Betting guide sites I recommend. I personally use a couple of guide sites and truly believe they are well worth the investment.  Affiliate income paid at the end of August was £331.42

On to the report:


Salary: £2126.70

Pension Contributions: £608.40

Matched Betting: £1,775.39

Affiliates: £331.42

Total: £4,841.91  (-15.3%)



House Equity:  £55,200

Cash in bank: £17,703.52

Cash in betting accounts: £24,939.46

ISA Investments: £16,337.46

Other Investments: £584.86

Pension 1: £19,553.56

Pension 2: £11,774.23

Pension 3: £8,868.27

Total Networth: £154,961  (+1.4%)


Losses across the board on all investments and pensions. I’m not too sure why this was, perhaps the FTSE took a bit of a hit? However the loss were more than covered by income so an overall networth increase. I’ve noticed that cash in betting accounts has crept upwards a but too much. About £11k of that is money sat in my allocated bank account while the rest is spread out between the exchanges and bookies. I’m not too comfortable with this so will transfer some back into the normal back accounts which I’m still running high due to the incoming tax bill from all those awesome kindle earnings back in the last tax year which I estimate could be as high as £6k(!). Once that’s paid off I’ll keep the cash in bank high ready to make the 10% max mortgage overpayment per year in January.

4 thoughts on “September 2017 Networth

  1. This is the first time I’ve found your blog, so the first read is always extra interesting as everything is new. I have spent this morning trying to decide on some investments, which is something that I find really difficult as I worry that I’ll make the wrong choice!
    One thing that didn’t cross my mind was matched betting. This is the first time I’ve seen it in an early retirement blog. Sorry if I sound ignorant, but is it actual betting as with a bookie? I’m intrigued, especially as you seem to make quite a lot from it.

  2. Thanks for the update Guy. I prefer the new format.

    Your updates here and at your matched betting site are insightful and inspiring. Keep them up!

  3. Your networth is racking up Guy, keep up the great work! I think the wobble in the markets at the end of September was the pound going UP!

    My accas still aren’t looking great, I’ve got quite a few dependent on the Champions League matches this week and looking at the half-time results, things aren’t going to get better for me! Ah well, I did ok last month, will have to swallow a really bad month, which may even be negative overall!

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