FIRE Update 10: March

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I can’t believe I’ve almost done this for a year! We have arrived in March, 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. I am still keeping up, even if life is a bit overwhelming at the moment!

What happened this month?

I was very happy to learn that I have been accepted into a really good Master’s programme, so it has been a great month so far. Other than that, I am still just grinding away. I have also signed up for All Star Money, which looks super interesting and the articles they pick out seem quite inspiring. So maybe I’ll attempt to rack my efforts up here some more and hope for a good opportunity to show up, haha.
Otherwise, I just had my 2-year anniversary at the world’s best student job, aka my consulting position. I got a raise, which is not bad, and I’ve been handed some extra work on a more regular basis (although that is not related to the raise). So I take that as good signs, because I do prefer to divide my energy between my studies and that job.

Savings

My general/apartment savings are currently $7,600.
So my computer had to be repaired, which means I had to dip into my savings. I am not trying to worry too much – after all, this is what my savings are for and I am grateful for having this kind of cushion. Therefore, I am just continuing with work and spending as minimally as possible. This is turning out to be easier than I expected – when you are worn out and overworked, I often find that I spend less – because I am too exhausted and don’t have time for online shopping. So as long as we avoid emotional spending to cope with the stress, it should be OK on that front (while looking out for my mental health).

Investments

My current investments are $5,500 out of my $33,000 goal.
My net worth is $-30,500.

Debt repayment

My current tuition fee debt is $52,100. (when I last calculated it)

Books I’ve read and texts I’ve written

Mainly just academic stuff, and then some money articles from the website I mentioned above!

Goals for next month

I am going to get back into the minimalism challenge. I ended up stuck after 2 weeks, but I’ll get my head into it again. Then I also hope to have written a big chunk off my uni work, and have launched my website.

How is your March going, and how did February go? Do you have any goals?

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