We’re 75% done with 2017. Madness. Let’s check in on my goal to decrease my spending from $22,491.86 last year by $4,491.86 to $18,000 this year. Continue reading “Q3 Budget Check-In 2017”
Category: Budget Check-In
H1/Q2 Budget Check-In 2017
We’re halfway done with 2017 and this year is flying by. Let’s check in on my goal to decrease my spending from $22,491.86 last year by $4,491.86 to $18,000 this year. These are my averages for the first half of 2017:Continue reading “H1/Q2 Budget Check-In 2017”
Q1 Budget Check-In 2017
Oooh maybe I should get another ledger like this.. And yes I’m that girl that always gets an itemized receipt 🙂
It’s 3 months into 2017 and we’re already 1/4 done with the year. Woah…that was fast. I wanted to check in on my goal to decrease my spending from $22,491.86 last year by $4,491.86 to $18,000 this year. Let’s see how it’s going:
2016 Spending
Let’s look at the explosion that was my 2016 spending. Overall I spent $22,518.67 which isn’t bad (compared to the $30,000 spending of 2015) but it’s still not as low as I’d like. A few factors for this level of spending were: Continue reading “2016 Spending”
2015 Spending
Let’s look at the explosion that was my 2015 spending. Overall I spent about $30,000 which isn’t too bad since I was living the high life in NYC for half the year, but improvements can still be made. Removing the cost of our luxurious Fiji vacation and the costs of our cross country move would bring my 2015 spending to $21,840.
Continue reading “2015 Spending”
My 10 Year Plan
Based on my end goal of financial freedom I’ve accumulated information from various books, blogs and traditional retirement calculators to determine how much I need to save to be able to live off of indefinitely. Overall I’m basing my calculations on the updated Trinity Study from 2009 that reinforces the 4% safe withdrawal rate for investments with a 75% stock, 25% bond asset allocation even when adjusting for inflation every year. Mr. Money Mustache makes a lot of excellent points about how this study in itself even builds in a large safety margin by assuming that a person would not adjust spending to account for economic reality, such as a recession, or substitute goods to compensate for the inflation of an individual item.Continue reading “My 10 Year Plan”