Sunday, July 1, 2012

My Half Year Financial Report for Year 2012


Half of Year 2012 is over, and now it is time to generate my mid-year financial report for 2012 (Jan 12 to Jun 12)

My Passive Incomes:
The above table shows the total for each of my passive incomes collected from Jan 12 to Jun 12. For my passive incomes, I have managed to collect a total of $8435. If include the realised gain of $3120 from selling some of my shares, the total extra incomes for the first half of year 2012 will be $11555, which is about $1925 per month.

My Monthly Expenses:

The above table shows my total monthly expenses. There are not many changes since the beginning of the year. I am still following my old rule to keep my expenses as low as possible by not spending money on the things that I will not need.

My debt:
As for my only outstanding debt from my housing loan, it has reduced from $14000 (Jan 12) to $8000 (Jun 12).

4 comments:

Maxim said...

Great job on reducing your debt!
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- Mary

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Alan said...

Hi

I have been interested in investing but do not know the entry point. Will you provide me some direction to begin on investing?

Hope to hear from you soon.

Regards
EL

Simin said...

Great that you have a managed to reduced your debts!

EL and yourself might be interested to attend the Share Investment Conference by Jim Rogers.

View the link below for more information! - Hope that it will do a great help!

www.sharesinv.com/sic2012

Regards,
Simin

Allison Gill said...

Hmm… it seemed your expenses were far greater than your income, Freedom Achiever. But anyway, it's good to hear that you're working on getting rid of your debt. It’s not easy to reduce a huge part of it in just half of the year.

Allison @BestDenverCPA.com

Have you started your journey towards financial freedom?

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