FIRE Update 6: September

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We are at the end of September and that means that the paycheck has rolled in, the investments are transferring and I have to look through my finances anyway. It is the perfect time to review my journey and just keep myself accountable.

What happened this month?

While my blog activity is still put on a back-burner, then I am happy to stay consistent with my monthly updates. Just the fact that I am posting my finances online (albeit semi-anonymously), means that I am keeping myself more accountable and think twice before making movements that impacts my finances.

September has been intense, in the sense that I’ve been busy with my internship and then university also started. So I have more than enough to look into, and it will probably continue in October. I still have ideas for posts to write, and, more generally, the direction I want to take my own writing, but I have accepted that it is better to have it on the “not to-do list” for now and simply wait until I have some more breathing room. I am still doing things I enjoy and find important, after all.

Savings

My general/apartment savings are currently $4,874.
Slow but steady increase. I even had some unexpected expenses this month, so I am happy that I still came out with an increase. We’ll just carry on with this until we reach the $6,000 mark, and then I’ll see if I should lower the monthly payment for more investing/debt repayment instead.

Investments

My current investments are $4,088 out of my $33,000 goal.
My net worth is $-44,796.
I paid off a debt I “owed to myself” and added some extra debt repayment. My investments were kept on the same level though, but I figure that I will start increasing that from November and onwards, as I have a few big expenses this month I need to save up for. But the net worth is slowly moving the right way, which is nice.

Debt repayment

My current tuition fee debt is $52,664.
I owe myself $0!

Books I’ve read and texts I’ve written

I am currently reading Dostoyevsky. I’ve also read a number of nonfiction books related to studyinng, such as “Make it stick” and “How to take notes”, which have been very useful and inspired me to amp up my efforts. I also have a few books waiting on me for my dissertation, so I try to make sure I read at least 1 hour a day besides the standard studying.

Goals for next month

My goal is to amp up my activity level for October, as I want to focus more on strength training. Othewise, now that university has started, I figure that I will be busy and need to develop an even more co-dependent relationship with my calendar. To-do lists are awesome. Other than that, I am actually trying to use up a lot of skincare products so I can’t take them with me back to London, and then I am working to save up for big expenses and more investing.

How did your September go? Do you have any goals?

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