First of all – I skipped the April update. I was caught in a mix of exam stress and blog-crisis. We’re back now, hopefully more improved by now!
We have arrived in May, 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?
I have just been busy with exams. I also had a bit of shopping spree – not a big one, but enough to soothe my stress (lol, at least I am aware of it now!) and to celebrate some good things happening in the family.
I’ve also taken some time to reflect on where I’ll be prioritising my energy from now on. I’ve had an incredibly stressful semester that took its toll on my body. It was a scary experience, so I now have to be ruthless on how I navigate my everyday life and not just “power through”. Therefore, I am now only sticking with stuff that I either find enjoyable, is worth the money, or is a core activity that makes a significant positive impact on my life. I’ll be talking more about that later in a post on how I plan to “summer audit” my life.
My current general savings are $16,065.
My travel and luxury savings are $890.
So I’ve done some readjustments since I’ll be embarking on a Master’s degree next semester, and I got some unexpected money. Suddenly it seemed like a reasonable task to try to save up as much as possible to diminish the need for loans. I’ll also be moving houses in a few months, so it is nice with a laser-focus on saving money and reducing my belongings. However, I also plan to travel (if the world allows it) and still buy a few quality pieces from my wishlist if they show up, so I also have a separate account for those frivolous things…
My current investments are $6,186 out of my $33,000 goal (19%)
My net worth is -$20,200
My current tuition fee debt is $52,100. (when I last calculated it).
Goals for next month
I’ll be finishing up my degree (woo!) and plan out a whole Life Audit over the summer before I start on my Master’s degree. More on that later!
How is your May going, and how did April go? Do you have any goals?