Wow, what a record month! Here is my income & expenses for april 2019!
This month I wanted to make a flow diagram to visualize both my income, expenses & savings in the same figure. What do you think of it?
The currency is as always USD $.
Here is what my income looked like in april:
My income this month was 4623,3 $. As you can see most of it (94 %) was from my day job.
The post “Rent from partner” is for the shared cost (housing). My fiancee transfers to me, and then I pay the bill. No sales at ebay this month. Not good!
Here is what my expenses looked like in april:
My expenses this month was 1276,6 $. That’s 510,3 $ less than last month! This is an extreme month for me!
What have I done differently this month?
It’s been warmer weather, which means:
-lower electricity bill (reduced by aprox. 140 $)
-bicycling to work (my public transport is reduced this month by 135 $!)
I was shocked that I only spent 1276 $ this month. I think May will be more expensive, I am going to attend a wedding and there is also a lot of social happenings which I want to attend.
As always I strive to reach a passive income level of 2000 $ a month, it would mean I am financially free! More on that in the net worth report.
I really consider buying things before I actually do it. FIRE has made me save a lot of money, but at the same time I sometimes blame myself for spending money on things that I know I could survive without (fancy dinners eg.).
It feels good in the moment, but it doesn’t give me enough pleasure to defend the high costs.
This month I don’t think I had any unnecessary costs, and I’m getting really motivated to try to keep my expenses low in the future.
For those who don’t know, I’m in the middle of the process in getting a new job. I’m expecting to have the contract by next week. Hopefully I’ll get a 5 – 10 k $ higher salary. But the best part, no commute and only 4 minutes walking from my apartment!
And as well, I don’t need a monthly public transport subscription if I get a new job.
This month’s savings rate was a whopping 72,4 %, which I think is way over my expectations. It feels too good to load up my index funds, and in the next post about my net worth you’ll see how my progress are.
I can already reveal that my net worth report will be extreme. Wait for it!