FIFoldPath

Monthly Financial Snapshot: August 2019

I spent most of this month getting rid of almost all of my possessions in preparation for my move. It was a little bit difficult parting with the things that I acquired over the past 4.5 years, but it was also relieving. Now that everything I own fits into two suitcases and a backpack, I don't feel tied down by my things like I did before. You don't really notice the mental load until it's gone, but it definitely feels nice.

I also had to postpone my departure to Tokyo (and my work start date) by a month due to delays with processing my work visa. Visas can be tricky since there is a lot of paperwork involved, and the processing time is entirely outside of my control. Unfortunately it cost me a little over $250 for moving my flights, so there is a small financial hit involved. On the plus side, it means I get extra time to spend with family before I leave the US, so it's not all bad.

Markets were pretty choppy again this month with all the tariff talks going on, but my asset allocation held pretty steady so I'm not too worried going forward.

Below is my spending for the month:

Category Aug-19 Comments
Rent $0.00 Nothing this month
Internet $0.00 Nothing this month
Cell Phone $0.00 Nothing this month
Natural Gas $0.00 Nothing this month
Electricity $0.00 Nothing this month
Water $0.00 Nothing this month
Groceries $196.57 About average
Car Insurance -$36.68 Small refund of previous coverage
Transport $74.36 Slightly below average
Car Expenses $8.00 Washed car
Health $0.00 Nothing this month
Other $33.99 Mail forwarding
Necessary $276.24 Below average this month
Restaurants $70.45 Restaurant meals with former coworkers and family
Entertainment $10.35 Saw movie with former coworker
Shopping $0.00 Nothing this month.
Travel/Parking $538.11 Flight changes, hotel stay, hotel gift cards
Gifts/Donations $0.00 Nothing this month.
Software/Games $0.00 Nothing this month.
Business $0.00 Nothing this month.
Other $81.50 Shipping
Discretionary $700.41 Below average this month
Total Expenses $976.65 Below average this month
Gross Income $1,990.98 Interest, selling items, reimbursements for expenses
401(k) Match $0.00 Nothing this month
Taxes $0.00 Nothing this month
Net Income $1,990.98 Below average
Savings $1,014.33 Below average
Savings Rate 50.95% Not too bad. Low income, even lower expenses.
Net Worth $301,228.07 Broke $300k again. Thanks market!

Projected time to FI (assuming 6% growth and 4% withdrawal rate): 5 years, 7 months.

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