Thursday, July 2, 2015

Freedom Check - June 2015 (Structural Changes)


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 - June 2015


Income = 100%

Less:
Family = 1.2%
Personal = 0%
Rental = 21.3%
Food = 17.2%
Transport = 4.1%
Cell = 0.4%
Household = 1.1% 
Travel = 10.8%
Misc. = 3.7%
Shopping = 0%
Income Tax = 5.7%

Contribution to Freedom Fund = 34.4%





Value of freedom: 20.92 months


Commentary: What's with the spike in income and expenses?

Well, the wife and I have decided to join forces and thus we're on this journey together (have tonnes of stuff to write on this topic). I'm still in a bad position financially since the plunge, but we'll see how things go.

I'll be keeping an ear to the ground.





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4 comments:

  1. Well, you're still growing with a lot less income. That's not a bad thing!

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    Replies
    1. Not a bad thing...definitely not a bad thing :)

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  2. Looking forward to future posts with more details.

    Congrats to you and your new Wife.

    Cheers!

    ReplyDelete
    Replies
    1. Thanks Dominic. Will be posting soon.

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