Greetings all, I just wanted to provide an update on my life and financial happenings; In case you were nervous by my long hiatus of activity, I didn’t invest my burgeoning net worth wealth on a fleet of Tesla Supercars, on a McMansion in the burbs, or drop it at the tables in Vegas. No, my net worth snowball has not melted.
I have been inactive in posting due to a variety of circumstances. I was relocated for work to a challenging position that has required me to work a minimum of 60 hours per week with a steady diet of 12 hour days. I have also spent significant time travelling back to my previous home to maintain my relationship with my girlfriend, family, and friends. I realize this situation is not sustainable long-term, but I’ve been making do in the meantime. Additionally, my old laptop from college finally fried and I have been without a computer aside from my work laptop to blog regularly.
These challenges aside, I still remain focused on documenting my financial progress. Going forward, I will resume my posting as my committment to frugality and achieving financial independence is unwavering. Just a couple tidbits from my financial life that I will elaborate further in future posts; since I went on a writign hiatus:
- My 2013 spending was an all-time low (over 25% less than last year!)
- My 2013 income was an all-time high (surpassing last year’s total by 17%)
- My 2013 net worth grew nearly $100,000, a number far greater than my net income and savings which is a true testament to the power of compounding of one’s net worth snowball
- My net worth is approaching the next six-figure milestone ($400,000). Based on my current spending levels, I’m approaching the 90% milestone to FI as measured by the 4% rule with much more time ahead for savings, investments, and snowballing prior to my 30th birthday!
Cheers to all and I look forward to resuming my updates and conversations with you all.