Updated: May 2
Percent Total Monthly Income Saved: 71%
Tax Advantage Account Savings (401K + employer match, IRA): $4657
Brokerage Account Savings (Vanguard, Betterment, Lending Club): $3410
Monthly Piggy Bank Growth: -$26,382
End of Month Percent to Final FI Goal: 17.6%
Total Monthly Spending: $1124
Mr. Horizon started a new job at the end of them month to bring his stress level down. Also, we started saving in our brokerage and are really going to accelerate it as much as possible.
Working from home is difficult and we are working through being productive during this time of uncertainty. Had to stop Ubering for a short time due to the pandemic so side hustle money is low.
We are all going through the Covid-19 Pandemic and it can really destroy people’s finances. During this time, we are losing a good amount of money in the markets, but it is not important. We are using it as an opportunity to buy at a discount. Many have said this will kill the FIRE movement, but we don’t think it will. We believe that it will help our community be more mindful of potential future risk while still reaching financial independence.