Saturday, September 5, 2015

Freedom Check - August 2015


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 - August 2015


Income = 100%

Less:
Family = 0%
Personal = 0%
Rental = 16.3%
Food = 19%
Transport = 3%
Cell = 0.3%
Household = 0.9% 
Travel = 2.7%
Misc. = 9.3%
Shopping = 15.2%

Contribution to Freedom Fund = 33.2%


Average Savings Rate (2015) = 31.9%






Value of freedom: 21.7 months


Commentary: Spike in income was due to full payment received for my last month of work. As I've found a new rat cage to hop to, next month's income will increase slightly. More power to the freedom fund.

Dividends received in the month of August also hit an all time high of $165.3 - bonus money or should I say, psychological comfort in a plunging stock market.

Not complaining though.





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3 comments:

  1. I love this stock market FINALLY having a correction. Otherwise, I had started putting money away regularly in 2009 when I entered the work force. It's been a ride straight up that whole time! Finally I can get a bit of a discount...

    ReplyDelete
    Replies
    1. Yes, finally. The thing for me now is about the emotions - not feeling brave enough to throw a lump sum into the market when it's plunging.

      Would probably try easing in, gradually. After all, I think this is just the start of the correction!

      Delete
  2. WhiteCollar,

    Nice post - interesting looking at it from the value of freedom months. I need to go back and see how many months I have to be unchained...

    -Lanny

    ReplyDelete