Summer 2017 summary

The difference between my assets (only my bankroll + my investments are counted here, not my house,car and other minor things I own) and liabilities went up from -13466€ on 30.6.2017 to -12720€ on 1.9 2017.

In plain English this means that if I would have to pay off my mortgage and loans right now with cash on hand, I would be still short of 12720€ euros. I would have to sold some of my possessions or use my house equity.

Total July-August income: € 5485€
Earnings from betting: 5085 €
Other income: 400€

Expenses: 4739€

Savings:746€

Betting bank (1.9.2017): 47800€

June 2017

The difference between my assets (only my bankroll + my investments is counted here, not my house,car and other minor things I own) and liabilities went up from -14866€ on 31.5.2017 to -13466€ on 30.6.2017.


In plain English this means that if I would have to pay off my mortgage and loans tomorrow and use only my betting bank for this purpose, I would be still short of 13466 euros. I would have to sold some of my possessions or use my house equity.

Total June income: 4648€
Earnings from betting: 3448 €
Other income: 1200€

Expenses: 3248€

Savings:1400€

May 2017

The difference between my assets (only my bankroll + my investments is counted here, not my house,car and other minor things I own) and liabilities went up from -16187€ on 27.4.2017 to -14866€ on 31.5.2017.

Earnings from betting: 3713€
Other income:50€

Expenses: 2371€

Savings:1392€

April tumble

The difference between my assets (only my bankroll + my investments is counted here, not my house,car and other minor things I own) and liabilities went down from -15074€ on 5.4.2017 to -16187€ on 5.4.2017.

My expenses for this period were 1700€ and earnings from betting 587€.
I didn´t have any other income this month.
It shows how demotivating and annoying is to have a bad month and not have other income source or a passive income.

March 2017

The difference between my assets (only my bankroll + my investments is counted here, not my house,car and other minor things I own) and liabilities went up from -15980€ on 7.3.2017 to -14407€ on 5.4.2017.



My earnings from betting were at 2833€ and I have spend 3200€ so my savings just from betting are negative -367€.
Fortunately I had profits from other sources. I sold one studio for higher profit than planed in last month (2300€ instead of 2000€) so there was 300€. Another profit comes from real estate I bought. It is  profit of 1400€ as a very conservative estimate. Another 240€ came in as a small windfall.

So all in all, in March 2017 I have earned 4673€ and I have saved 1573€.

February 2017

The difference between my assets (only my bankroll + my investments is counted here, not my house,car and other minor things I own) and liabilities went up from -18708€ on 8.2.2017 to -15980€ on 7.3.2017.

In this period my earnings from betting were 3558€ in total and I have spend 2180€ making my total savings from betting in February 1378€.
Rest of the savings for this month is from my real estate investment. It is 2000€ but it is only an estimate. But very conservative estimate.
So in total in February 2017 I have saved 3378€.

January 2017 Am I right?

The difference between my assets (only my bankroll is counted here, not my house,car and other minor assets) and liabilities went up from -20308€ on 7.1.2017 to -18708€ on 8.2.2017.

Technically, I did earn 2939€, have spent 2700€ so savings are only 239€. But now I count investment gold I bought (1200€) and p2p loan (150€) as my assets. So now I have 1589€ more.

Review of December and whole year 2016

After December, the difference between my assets (only my bankroll is counted here, not my house,car and other minor assets) and liabilities went down from -19086€ to -20308€ for 7.1.2017.

But I count some assets (investment gold 1200€, peer to peer loan 150€) outside of my betting bank

Still,the last few months very pretty bad when it comes to bank. I have spent more than I earned.

November was very weak , but October was brutal. December was plus month again.

Review of 2016

I failed to meet 2016 goal which was to save at least 15000€.

At the beginning of the year I was -27000€ down. I saved around 8000€ which is 53% of my original goal. Kind of disappointing.

I will do some adjustments this January. I did a lot of work on myself last year, read over 40 books again and feel I need to be more involved now.

For 2017 I'm setting myself 10x goal of 80 000 euros saved or invested.