Here are my monthly financials for June 2021.
It is good to keep track and review your monthly financials so you can be in control of your finances.
Having a fixed income and knowing my expenses will not exceed my budget allowed me to not track my expenses before I left my job. I did not feel a need to track my finances strictly as I know I can control my spending. I only tracked my investments diligently.
Since I will not have a fixed source of income soon, I decided to start tracking my financials starting from January 2021. Money will be tight so I need to be extra prudent. This also helps generate content for my website.
Top 3 Income Sources
Allowance – S$800
S$600 is from my monthly SGUS allowance. This is the last payment that I will receive.
Without the allowance, my cash flow will probably be negative until I deploy my investment war chest....