Passive Income Report August 2020
Another month has flown by and some.
I have been busier than ever at work in my day job. That has not stopped me trying to build up and increase my passive income streams/sources.
August totally blew me away. Mostly in part to a new ‘semi’ passive income source. A little effort is required but its fun to do.
First up though before we get to that, the usual.
Total Income for the month of August 2020 was £447.42 I know right!
Comprised of the following.
- Dividends – £24.24
- Blog Ad Revenue – £30.87
- Marcus Interest – £1.35
- Spreadsheet – £13.55
Not bad, not bad at all. Referral links have been maxed, Trading 212 are now allowing content creators to get unlimited referrals though so hopefully they will be back soon. Wait though.
My new ‘semi passive’ income source made me a whopping £377.41.
I must thank Weenie at Quietly Saving for turning me onto the new income stream.
What is the new profitable income stream – Matched Betting
It is known as Matched Betting. Although the name implies you are betting, you are actually not betting at all.
We are just taking advantage of all the offers bookies give us and laying off said bets so there is no risk what so ever. The GUARANTEED profit comes from free bets.
I must reiterate, it is not gambling and is guaranteed profit.
Interested to learn more? Checkout Odds Monkey.
They are responsible for showing me the ropes and giving me massive profit in my first month, already in September so far I have done over £200 with minimal effort.
Once you sign up, there are video guides and tutorials – no prior knowledge is needed. I am always happy to help as well. Odds Monkey has a built-in community forum as well.
Believe me, I know it sounds too good to be true – that was my first thought. Once you understand how/what is happening though, it all becomes clear.
Hit me up if you have any questions or concerns. Always happy to help.
Fear not a dedicated blog post on Matched Betting and Odds Monkey is coming – We can build our income streams together!
My Trading 212 Dividend Portfolio is also coming along nicely. A more expansive look at the portfolio will be done soon.
I’ve even started a growth portfolio to run alongside the dividend one.
Some of my portfolio has been put on total Autopilot thanks to Trading 212 Pies.
That also needs an update all coming soon.
Here is a little overview of how my portfolio is currently looking.
This is all found on the 2020 Charts page of my Dividend Spreadsheet found here.
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None of the above should be used as financial advice, I am not a professional. Always do your own research.
2 thoughts on “Passive Income Report August 2020 – New ‘Semi-Passive’ Income £447.42”
Nice MB profits there – I’m glad it’s working for you!
I’ve been too busy to do much MB this month so unlikely to be making much profit (if any) – that’s the thing, it’s not really passive as effort needs to be made to generate profits.
Yeah, I think once all the main sign up offers are complete then it will slow down a lot. Takes me less than 5mins to sign up and place a trigger bet though so minimal effort.
I think the claims of £300 a month long term are a bit ambitious. It seems most reload offers are £5 free bet most of the time.
What do you think your average is per month? Assuming you have long since completed all the signup offers anyway. I enjoy doing it and can sign up/place a trigger in 5mins easy!