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Monthly Financial Snapshot: January 2017

You can also track my all-time progress on the aptly-named Current Progress page.

Rent$765.00$750 for rent + $15 in fees for Plastiq in order to pay via credit card
Internet$60.92Internet is kind of expensive out here in the boonies
Cell Phone$132.88Higher this month because I paid $100 upfront as part of acquiring inventory (a free phone) that I later sold.
Natural Gas$31.26About 50% more than my normal bill, due to it being winter.
Electricity$0.00Timing of payment cycles means this month's bill will be paid next month.
Water$46.84My actual water usage is only about $5, but my town tacks on so many fees that the bill comes to $40+ every month! :(
Groceries$158.99About average groceries for this month.
Car Insurance$0.00I pay every 6 months in April and October.
Gasoline$43.46Higher this month due to travel
Car Expenses$0.00Nothing to see here, move along
Health Insurance$13.34Heavily subsidized, high-deductible plan through my work. Includes health and dental.
Other$0.00Nothing to see here, move along
Necessary$1,252.69About average for the month
Restaurants$45.23Work holiday party and eating out a few times with coworkers.
Entertainment$11.81Netflix+ impulse $2 movie buy
Shopping$23.69Not much personal shopping this month.
Travel/Parking$962.45Booked my flights and hotels for my Japan/San Jose trip in April/May!
Gifts/Donations$85.54Bought food and drinks for my friend's birthday party.
Software/Games$16.87Awardwallet annual subscription and discounted 1 year of Todoist Premium
Business$2,218.13Started a business this month. This is investment in inventory, office supplies, and services.
Other$0.00Nothing to see here, move along
Discretionary$3,363.72Much larger than average, although I expect my income to increase over the following months as a result of business investment.
Total Expenses$4,616.41Above average, obviously
Gross Income$6,725.96ESPP payout, plus income from first few business sales
401(k) Match$189.22My company matches 3% of gross salary
Taxes$1,261.68Federal + state income tax + payroll taxes.
Net Income$5,653.50Above average (but will soon become average!)
Savings$1,037.09What I didn't spend this month. Most of this currently goes to 401(k).
Savings Rate18.3%Savings / Net Income. Very low for me, but again, will hopefully go up once business picks up.
Net Worth$ 111,938.86 Yuge (...ugh) gain thanks to the market

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