Personal Finance
Expenses – First 12M of F.I.R.E
By 35 is the defining age  •  December 14, 2019
Total - S$46,098.58One year has gone by since I started by post F.I.R.E life. It's time to measure how much resources I've spent, and how these resources have been allocated, mainly because that which gets measured, can then be managed.

My annual budget at least for the first few years post F.I.R.E has been set at S$48,000. The first 12 months saw a total amount of S$46,098.58, which is 96.0% of the budget, leaving room for 4.0% surplus.

Largest spending category was Diving. Scuba Diving to be exact. I think I mentioned this before, but since December 2018, I've been taking up advanced certification courses, and am in the midst of doing my Divemaster program. I've also purchased a full set of diving equipment given the cost of dive will be lower in the future. All this, together with the spend for diving holidays, have led to Diving expenses coming in at...
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By 35 is the defining age
Picked up "The Intelligent Investor" by Benjamin Graham back when I was serving my national service when I was 18 years of age - that chapter on Mr Market was mind-blowing and opened up a whole new paradigm of investing that that shaped my investment thought process since.
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