Latest Savings Rate (SR): December 2018
If you wish to reach FIRE at a certain date, you have to keep a close watch on your Savings Rate (SR).
This page does exactly that. Here you can find a monthly overview of my SR per month and year. For completeness sake, I started in January 2018.
My MO for my SR
My SR-graph will get updated at the end of every month. These updates will be fairly short and follow the same pattern as much as possible:
- I use YNAB4 to generate a detailed overview of all my income and expenses for each month in a clean table.
- From this table, I make a collapsed and summarized screenshot that I then upload to this page.
- In the sidebar, the SR of that month will be shown. It also links back to this page.
Since a picture says more than a thousands words, you can find the details of October 2018 right below the SR-graph. In case of large outliers or one-time income or expenses, I will give a bit of context with the image.
My Savings Rates
- 2018
- 2019
- 2018
- 2019
Savings Rate History
The average SR shown above is based on the entire year. While I only shared my detailed SR as of September 2018, you can still double check my average by taking the average of the monthly rates in the bar chart above.
As I mentioned in my looking ahead, my personal situation changed last month as I got a girlfriend. We went on various excursions which weren’t excessive but they do add up, especially due to the holiday period (Christmas and the New Year celebrations).
In terms of Income, December was a regular month. My income was only my salary: 2600.82 EUR.
When it comes to Expenses, December became a bit more expensive than first planned. The main large expenses were:
- 4 dates: 115,45 EUR
- Christmas sweater +1 regular: 45.89 EUR
- 1-year server: 160.54 EUR
Due to all the above-mentioned reasons, my total expenses ended up being 693.45 EUR.
In terms of Income, November was another special month. This time because of a side hustle that brought in € 450.00. Additionally, I got a bit extra salary resulting in a total income for November of €3073.65.
When it comes to Expenses, November wasn’t too special aside from a bit more “luxury” expenses and getting gas twice. The luxury expenses were: multiple smaller gifts for friends, and paying for a simple restaurant lunch. Overall I spend €454.88 this month.
In terms of Income, October was a special month thanks to the tax refund of € 312.94 I received.
When it comes to Expenses, I had a calm month. I did spend € 102 on cinema tickets (part of Luxury) I can purchase in bulk and with a discount through my employer.
My income for September, 2612.40 EUR, was mainly from my main job with some pocket money from helping my grandmother. The euro and a bit are from my credit card’s cashback.
The expenses this month, 369.77 EUR, were kept to a minimum with groceries taking up the most part.
The online business part is for all the expenses related to hosting my site(s).