BHAG UPDATE June '14

Editor: Crass Cash

I managed to save over 68% of my income.  This does not meet my goal of saving over 70%, but I'm actually quite proud of it considering what new expenses I've acquired.  Namely some monthly medical bills that will be about $450 per month for at least the next year.  Even with that I was able to save this high percentage.  I think part of this was upping my income a big by paying off a rental property mortgage.  As you can see from the income category below my salary income has actually gone down relative to other incomes.  This is just what you want to see as you transition from have to having a job to financial independence.     

Expenses
Medical: 15.84%
Transportation: 2.44%
Charity: 3.31%
Insurance: 9.51%
Home: 11.24%
Mortgage: 25.66%
Gas: 5.3%
Personal: 1.17%
Eating out: 9.16%
TV/Internet: 3.19%
Phone: 3.05%
Utilities: 4.27%
Entertainment: 0.68%
Food: 5.18%

Income
Real Estate: 39.66%
Investments: 4.04%
Work: 56.3%

Some other abnormalities is that my eating out bill was so big.  This is was completely attributed to going out on a bunch of dates where I picked up the tab.  I think I need to schedule more at home dates where I cook, it'll be a lot cheaper going forward.  

This coming month will be a 5 pay day month for me, so my salary and should shoot up relative to other incomes and hopefully I'll be able to meet my 70% goal even with the newly acquired medical expenses.