Tuesday, May 31, 2016

Freedom Check - May 2016


At the end/beginning of every month, I will update the status of my freedom fund as a way to stay accountable to you and myself. Assuming everything else remains constant, the freedom fund is based on the number of months that I am able to sustain myself without income.

Freedom Check - May 2016


Income = 100%

Less:
Accommodation: 16%
Food: 18%
Transportation: 2%
Household: 0%
Entertainment: 0%
Cell Phone: 2%
Travel: 2%
Income Tax: 0%
Personal: 1%
Shopping: 3%
Family: 3%
Others: 9%

Contribution to Freedom Fund = 43%


Average Savings Rate (2016) = 43%



Value of freedom: 26 months


Commentary: 

Have been really busy with life at the rat cage and other pursuits.




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Monday, May 2, 2016

Freedom Check - April 2016


At the end/beginning of every month, I will update the status of my freedom fund as a way to stay accountable to you and myself. Assuming everything else remains constant, the freedom fund is based on the number of months that I am able to sustain myself without income.

Freedom Check - April 2016


Income = 100%

Less:
Accommodation: 16%
Food: 16%
Transportation: 2%
Household: 1%
Entertainment: 0%
Cell Phone: 2%
Travel: 3%
Income Tax: 0%
Personal: 0%
Shopping: 4%
Family: 3%
Others: 0%

Contribution to Freedom Fund = 53%


Average Savings Rate (2016) = 43%



Value of freedom: 24 months


Commentary: 

Another great month of savings - 53%

As you may be able to tell, life is getting busier since the start of this year but we haven't given up on our goal of financial independence.

Till then, keep the hustle real!


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