December 2017 Income and Expense Report

“Courage is being scared to death, but saddling up anyway.” –John Wayne

Is it strange I can never tell if I like doing this? This is only my second one of these but it makes me feel very odd and strangely vulnerable? Ah well I guess FIRE is all about stepping outside your comfort zone so here we go….deep breathe….

Positive from last month is that I actually made some money on EBAY! it was pretty painless although I definitely did make some mistakes (see here!) which meant I could have made more.

So here it is:

Fouteen_2

 

So as you may have read, I’ve moved house! This has come with a HUGE amount of expenses that we couldn’t predict! We did furnish our house with items from the British Heart Foundation so its a win win as we get some really good quality furniture for less whilst also supporting a worthwhile charity. On the other hand of course we spent more money than we have AGAIN!

As you can tell from the Income. Mr Fire and I live together now and he has agreed to let me publish his earnings. Things look alot better with his money coming in however FIRE is not possible with his earnings alone.

We have a HUGE plan for FIRE that is a massive task ahead of us. I’m hoping to share it soon on the blog once I understand the fine details (Have I mentioned Mr Fire is “practically” an a accountant? I’m the exact opposite of that)

After some fab advice from Weenie and TFS I now understand the my “side hustles” aren’t going to be an over night success thing. Matched Betting sounds like the easiest way to make money quickly whilst I bide my time developing and exploring other avenues.

Hows your I&E looking this month? I hope your savings targets are on track and FIRE is there in the distance. Looking for any helpful insights into how to get on track for FIRE! expenses are killing me!

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7 thoughts on “December 2017 Income and Expense Report

  1. Good for you for publishing this! Moving house is always expensive ha. What is matched betting? If you want some side money, look at Gary Vee’s 2017 flip challenge – I made a decent amount from it and learned a boatload. It was also really fun!

    Liked by 1 person

    1. Hi Zac,
      Thanks for your comment and your support. Matched Betting is becoming the bookie yourself and betting on both outcomes so you always win. I’ll be doing a post on it later in the month hopefully! Thanks for the tip about Gary Vee – will definitely check it out!

      Liked by 1 person

  2. Thanks for sharing this, particularly as December is always going to be an expensive month plus of course, you have just moved house.
    You’re not quite right with the matched betting explanation.
    Yes, you do bet on both outcomes but if that was all there was to it, your profit would be zero, ie you would lose one bet and win the other, which would cancel each other out. The profits come from extracting money from the free bet which bookies offer as a result of you placing that initial bet. Best for you to join a matched betting website such as OddsMonkey for a full explanation so I don’t need to waffle on here!

    Like

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