As you have come to see from us Diplomats – each month we share our savings from the income and expense we have endured during the previous month. Our goal is to achieve 60% savings rate in an ever inflationary lifestyle from advertisers, television, peers and co workers. Though it is difficult, we know the combination of being frugal, saving and investing allows us to achieve our financial freedom goals faster, by still enjoying the benefits of life itself. Was I able to hit 60% this month? Let’s check out my income and expense summary from April!
This month I wanted to make sure I had a timely article to reflect the income & expense summary, as December’s wasn’t posted until almost the end of January! Another month has passed, another month where I ask myself… Did I hit the 60% savings goal with my income and expense tracker? Did I hit the big mark that I set for myself back in August 2014 when I was discussing why I am aiming to save 60% of my income? Let’s dive into the income and expense analysis. Continue reading