March 2020 Income & Expenses – Savings Rate: 82,1% !

Reading Time: 3 minutes

Do You Want Coaching On Financial Independence 1 on 1?


Become a Patron!

Flow Diagram For My Income & Expenses In March 2020

A great month in terms of savings! Here is my income & expenses for march 2020!

Seems like you loved the flow diagram from last month, so I’ll make it this month as well!

The flow diagram visualizes both my income, expenses & savings in the same figure.

The currency is as always USD $.



Here is what my income looked like in march 2020:

My income this month was $7330,2.


Here is what my expenses looked like in march 2020:

My expenses this month was $1310,7 !

As always I strive to reach a passive income level of $2000/month,  it would mean I would be 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.

Tracking my expenses is motivating and fun.

It really makes me think twice about buying things.

Savings rate

This month’s savings rate was 82,1 % !

My goal this year is a savings rate above 70 %!

I will keep pushing to increase my savings rate, but I don’t want to do it in trade of having a good life every month.

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.


Read all my posts in chronological order here: Archives


Have questions, comments or suggestions? I would love to help you with your FI-journey.

Feel free to reach out directly at @Route2FI on Twitter or email me at

</strong> <strong>Signup for my free newsletter and get the best articles, podcasts and quotes from the investing-world every wednesday.</strong> <strong>

I made this 16-pages FREE workbook with the steps I’ve taken on my path to Financial Independence.

Having a goal written down with a set date for accomplishment gives you something to plan and work for.

It’s 7 lessons and I hope you enjoy it!

After you’ve signed up, you will recieve the book right away.

2 Replies to “March 2020 Income & Expenses – Savings Rate: 82,1% !”

  1. Such a great month Route2FI, keep it up! That diagram looks good indeed

    1. route2fi says: Reply

      Thank you so much, M!

Leave a Reply