Income/expense August 2018

My spending for August was more or less average. Compared to last month it was a great improvement.

Expenses:  12 940 SEK
Income:  32 300 SEK
Savings rate: 59.94 %
Dividend/Expense rate: 7.35 %

A summary of my savings rate can be found via this page.

Income/expense July 2018

So my prediction from last month about my spending was correct. Since I've started keeping track of exactly how much I spend every month this is the most. So much that I actually spent more money than I earned. However my vacation was awesome and I regret nothing. One lesson that I can learn from this is to plan my vacation in more detail. One reason that I spend this much money is that I hadn't bough a return ticket and ended up paying a bit to much to get home.

Expenses:  34 180 SEK
Income:  32 300 SEK
Savings rate: -5.82 %
Dividend/Expense rate: 3.56 %

A summary of my savings rate can be found via this page.

Income/expense June 2018

I'm about to go on vacation and that has made my spending this month a bit higher than normal, but I've managed to go on two weekend trips and also book a flight back home to my dear parents. I also suspect that my spending in July is going to be significantly higher than normal.

Expenses: 14 600 SEK
Income:  35 800 SEK
Savings rate: 59.22 %
Dividend/Expense rate: 8.04 %

Compared to last June I've doubled my dividend/expense rate even though I spend almost 70 % more. This is the first month of 2018 where I have a savings rate below 60 %.

A summary of my savings rate can be found via this page.

Income/expense May 2018

As in April I got sizable dividend in May as well.

Expenses: 11 100 SEK
Income:  32 300 SEK
Savings rate: 65,53 %
Dividend/Expense rate: 19,83 %

I've been making some projections based on my lowest, median, average and maximum expenses with a couple of different safe withdrawal rate (3.5 % to 4.5 %) and I've come up with a range of savings I need in order to be able to not work any more. The range is 2 300 000 SEK to 11 000 000 SEK. The numbers come from lowest expenses and highest withdrawal rate and the highest  expenses and lowest withdrawal rate. The range for median and average is probably more realistic 3 100 000 SEK to 5 100 000 SEK.

I haven't really written about my net worth here before, basically because I've no good way of presenting it. I'm working on it. At the moment I've got about 1 700 000 SEK invested about half of which in retirement accounts that I cannot access before I turn 55 (about twenty years). By just assuming that the value of my portfolio will be constant it will take about five years of contribution to reach that point.

A summary of my savings rate can be found via this page.

Income/expense April 2018

With the great dividend for April I got a record high dividend/expense rate. I was not really expecting it to be so high, but now it actually feels like there is a possibility that I will receive enough money in dividends to be able to retire in the not so distant future.

Expenses: 11 040 SEK
Income:  36 060 SEK
Savings rate: 69.38 %
Dividend/Expense rate: 23.26 %

A summary of my savings rate can be found via this page.

Income/expense March 2018

March was not only good in dividend but also my expenses was around what seems to be the lowest possible for me (I haven't really tried to spend as little as possible).

Expenses: 8 630 SEK
Income:  32 5300 SEK
Savings rate: 73.28 %
Dividend/Expense rate: 12.95 %

A summary of my savings rate can be found via this page.

Income/expense February 2018

Looking at my spending for February I've spend a bit less than January, but earn less as well.

Expenses: 11 790 SEK
Income:  32 540 SEK
Savings rate: 63.77 %
Dividend/Expense rate: 4.66 %

A summary of my savings rate can be found via this page. 

Income/expense January 2018

When I summarize my spending for my vegetarian January I'm a bit disappointed. I though that I would have spent less money, but apparently I did that somehow. Anyway I'm off for a great start this year with low spending, high earnings and my best ever dividend/expense ratio.

Expenses: 11 800 SEK
Income:  36 600 SEK
Savings rate: 67.76 %
Dividend/Expense rate: 5.98 %

A summary of my savings rate can be found via this page. 

Income/expense December 2017

So I spent a lot of money in December, but also got a bit of a bonus.

Expenses: 21 000 SEK
Income:  40 900 SEK
Savings rate: 48.66 %
Dividend/Expense rate: 2.62 %

A summary of my savings rate can be found via this page where you can see that my total savings rate was about 50 %. My goal was 70 % so I missed by quite a lot. I guess I might have been doing a bit too much traveling (if there is such a thing). Something I've learned from missing my goals is that should set the bar a bit lower.

Income/expense November 2017

November was not as good as October but still a pretty good month.

Expenses: 12 740 SEK
Income:  30 900 SEK
Savings rate: 58.77 %
Dividend/Expense rate: 4.61 %

A summary of my savings rate can be found via this page.

Income/expense October 2017

So I'm on a roll! October was another straight month with a dividend/expense rate sort of above five per cent.

Expenses: 8 880 SEK
Income:  30 900 SEK
Savings rate: 71.26 %
Dividend/Expense rate: 5.18 %

A summary of my savings rate can be found via this page.

Income/expense September 2017

September was actually one of my best months so far this year :). Nothing really out of the ordinary, but one month at a time.

Expenses: 11 660 SEK
Income:  30 900 SEK
Savings rate: 62.2 %
Dividend/Expense rate: 4.99 %

A summary of my savings rate can be found via this page.

Income/expense August 2017

Once again I'm a bit out of time, anyway. August was an expensive month due to some much needed purchases. It's hard to not spend money. I've been thinking about maybe try to have a cheap month and see how that goes. Another step would be to try to see if there is something that I could cut out of my life, but at the moment I have a hard time seeing what that would be.

Expenses: 17 620 SEK
Income:  31 150 SEK
Savings rate: 43.4 %
Dividend/Expense rate: 4.73 % 2.07 %

A summary of my savings rate can be found via this page.

Income/expense July 2017

The spending in July exceeded my intentions, but I was on a holiday and you have to live your life. I might get back some of the money since I paid for some hotel nights for a friend, so it is not all that bad.

Expenses: 25 400 SEK
Income:  30 900 SEK
Savings rate: 17.9 %
Dividend/Expense rate: 2.01 %

I like that my dividend/expense rate is still above two percent. If I can keep the same investment rate it ought to be higher than ren percent in five years. It's not great but considering that I spent a lot of money this month I'm still optimistic.

A summary of my savings rate can be found via this page.

Income/expense June 2017

In June I somehow managed to not spend much money and I also got some money back from the government. Those things combined made this the very best month every when it comes to my saving rate.

Expenses: 8 650 SEK
Income:  32 400 SEK
Savings rate: 73.3 %
Dividend/Expense rate: 4.73 %

A summary of my savings rate can be found via this page.

Income/expense May 2017

For May I got a substantial bonus from work (almost 20 000 SEK), which made this month the best when it comes to income from a job. I was also my best month when it comes to dividends and I also spent a lot of money, most of which is for a journey I will take during the summer. Apart from that this month has included a new role at work and a potentially broken heart. I'll have to give both those things time to see how I feel about it.

Expenses: 24 440 SEK
Income: 50 360 SEK
Saving rate: 51.47 %
Dividend/Expense rate: 3.84 %

A summary of my savings rate can be found via this page.

Income/expense April 2017

My expenses in April were a bit too high, mostly due to an unexpected holiday so it is all good. My record dividend made this my best month when it comes to my dividend to expense ratio at 5.35 %.

Expenses: 13 220 SEK
Income: 30 887 SEK
Saving rate: 57.20 %
Dividend/Expense rate: 5.35 %

A summary of my savings rate can be found via this page.

Income/expense March 2017

Even though March is a long month I still managed to have the smallest expenses and a record saving rate of 65.77 %. The high savings rate combined with the big dividend gave me a dividend to expenses ratio of 2.74 %.

Expenses: 10 740 SEK
Income: 31 380 SEK
Saving rate: 65.77 %
Dividend/Expense rate: 2.74 %

A summary of my savings rate can be found via this page.

Income/expense February 2017

February was a much better month compared to January, but I still spent more money than usually due to some much needed purchases. Going through my expanses I noticed that I pay a lot of money for my internet connection. By doing some research I managed to find an equivalent plan for SEK 225 less every month. Unfortunately I still have to pay for it in March and April.

Expenses: 12 900 SEK
Income: 31900 SEK
Saving rate: 59.56 %

A summary of my savings rate can be found via this page.

Income/expense January 2017

My goal when it comes to saving rate is as I wrote here 70 %. I'm usually a frugal person, but this month I managed to spend a lot of money. I don't have any regrets. I experienced a lot and as the kids says yolo!

Expenses: 32 120 SEK
Income: 32 250 SEK
Saving rate: 0.4 %

I've added a new feature to my blog. It's a spreadsheet where you can track my income and expenses. It can be found via this page.