Half a year of 2010 is over, and now it will be a good time to generate my first half financial report for 2010 (Jan 10 to Jun 10).
My Monthly Expenses:
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For my monthly expenses, there are not much changes at all in this half a year. I always keep my expenses as low as possible by not spending money on the things that I will not need. For this part, I will give myself a "A" grade.
My Passive Incomes:
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For my passive incomes, I have managed to increase it from $1640 (Dec 09) to $1990 (Jun 10). That is about $50 increase per month. In my New Year resolution, I have set two milestones for my journey towards financial freedom. The first one is to achieve a total passive income of $2000 by end of June 10 and the second one is to achieve a total passive income of $2400 by end of Dec 10. I have slightly missed my first target by $10. For this part, I will give myself a "B+" grade.
My journey towards financial freedom:
I have getting closer to achieve my financial freedom. I will need to generate an additional passive income of $1010 per month (Total Expenses of $3000 - Total Passive incomes of $1990) in order to achieve my aim.
My Assets:
These are the assets that I have. I am proud to say that I do not have any liability.
My Monthly Expenses:
.jpg)
For my monthly expenses, there are not much changes at all in this half a year. I always keep my expenses as low as possible by not spending money on the things that I will not need. For this part, I will give myself a "A" grade.My Passive Incomes:
.jpg)
For my passive incomes, I have managed to increase it from $1640 (Dec 09) to $1990 (Jun 10). That is about $50 increase per month. In my New Year resolution, I have set two milestones for my journey towards financial freedom. The first one is to achieve a total passive income of $2000 by end of June 10 and the second one is to achieve a total passive income of $2400 by end of Dec 10. I have slightly missed my first target by $10. For this part, I will give myself a "B+" grade.My journey towards financial freedom:
I have getting closer to achieve my financial freedom. I will need to generate an additional passive income of $1010 per month (Total Expenses of $3000 - Total Passive incomes of $1990) in order to achieve my aim.My Assets:
These are the assets that I have. I am proud to say that I do not have any liability.
