Sunday, November 27, 2016

Freedom Check - October 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 - October 2016

Income = 100%

Accommodation: 15%
Food: 16%
Transportation: 1%
Household: 1%
Entertainment: 0%
Cell Phone: 2%
Travel: 18%
Income Tax: 0%
Personal: 0%
Shopping: 4%
Family: 3%
Others: 12%

Contribution to Freedom Fund = 29%

Average Savings Rate (2016) = 42%

Value of freedom: 23 months


Extremely high expenses over in September, October and November due to work and personal travels. Drop in 'months of freedom' due to adjustment of formula and some personal withdrawal from the freedom fund.

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