thejourneyof me

Bonanza Over?

May 2024 | 62% |
Posted

This is a Financial Freedom Update post. Each month I report the status of my journey towards more financial freedom and reflect on my progress. To learn more about financial freedom please see my Think Week 2021 post where it all started.

Well that went well.

But the high savings rate is mostly due to a bigger pay than usual. Holiday and other things were paid out in May.

Without the extra pay I would have been somewhere around 50% which is still nice. I had one big purchase but that’s pretty much all for the month.

Results

Savings rate: 62%.

Category Percentage of expenses
Home 47.38%
Personal 21.95%
Food 16.18%
Other 4.46%
Health 4.22%
Union 3.23%
Transportation 1.30%
Gifts 1.28%