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:

CategoryAug-19Comments
Rent$0.00Nothing this month
Internet$0.00Nothing this month
Cell Phone$0.00Nothing this month
Natural Gas$0.00Nothing this month
Electricity$0.00Nothing this month
Water$0.00Nothing this month
Groceries$196.57About average
Car Insurance-$36.68Small refund of previous coverage
Transport$74.36Slightly below average
Car Expenses$8.00Washed car
Health$0.00Nothing this month
Other$33.99Mail forwarding
Necessary$276.24Below average this month
Restaurants$70.45Restaurant meals with former coworkers and family
Entertainment$10.35Saw movie with former coworker
Shopping$0.00Nothing this month.
Travel/Parking$538.11Flight changes, hotel stay, hotel gift cards
Gifts/Donations$0.00Nothing this month.
Software/Games$0.00Nothing this month.
Business$0.00Nothing this month.
Other$81.50Shipping
Discretionary$700.41Below average this month
Total Expenses$976.65Below average this month
Gross Income$1,990.98Interest, selling items, reimbursements for expenses
401(k) Match$0.00Nothing this month
Taxes$0.00Nothing this month
Net Income$1,990.98Below average
Savings$1,014.33Below average
Savings Rate50.95%Not too bad. Low income, even lower expenses.
Net Worth$301,228.07Broke $300k again. Thanks market!

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

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