Summer is officially here and June means it’s a three pay check month – not that I’m spending any more than I need to.
In fact, even though in a three pay check month I technically saved over 66% 69.55% of my income (this number has been revised to include pension deductions at reader advice), I’m still not doing as well as I’d hoped, overspending to $2,135.41 for the month. What did that look like?
How my wealth has grown by saving over 50% of my income and investing the rest.
Since finishing my second degree in 2015, I’ve made some pretty decent strides in terms of my net worth. So right now: that’s a $110,000 net worth, excluding pension contributions and tangible assets that I own, like my car – basically, whatever I can access at the bank.
Earlier in the year at 27, I was pretty shocked to see that I had cracked the six figure savings mark so fast. So how did I get here?