March Expenses

I have spent 52604.87 in the month of March. Cash, Insurance, Groceries, Internet and Medical bills are high. I should plan to spend less in cash this month and month of April will also be high due to life insurance payment. Expenses are skyrocketing although I am spending next to nothing on myself. Have to see if I buy groceries at local store will my bill be lower should meticulously plan for it.

FI date and graph

I am including taxes as expenses for last 2 months and this is pushing my FI date further, I am actually not spending this money to fund my lifestyle and I am thinking not to include it in expenses if I am FI currently I will fall under zero tax bracket and will not pay any tax, on the other hand health insurance, life insurance and travel expenses are some thing I am spending and will continue to spend post FI, so I am removing tax hence forward while calculating my expenses. My FI date is now 6 years and 10 months and I am increasing my expenses month on month and have to control spending. Jan 2026 will be my FI date.

25-04-2019

I think I will be subjected to tax as my last 12 month expenses are close to 6 lakhs although tax will not be as big as now but I will be missing by not calculating tax as expense.

Payday for March

My post tax salary after deductions like medical premium, transport, pf and share contribution is 83584. I am planning to budget for 40000 expenses plus 11000 for life insurance and rest will invest. I have sip worth 20000 so I have to invest 12584 in nse 100. My PF stands at 925162 as of today.

Focus on learning and creating

The below article is awesome and I have to read it at least once every day.

https://medium.com/the-mission/focus-on-learning-and-creating-rather-than-being-entertained-and-
distracted-e6573de1bc84

February expenses and fi graph

I have spent 61644 in the month of February the major expenses are Tax, cash, insurance, groceries and medical. The average monthly expenses are going to be above 60k most of the months from now on due to tax, insurance, school fee and medical. I will try to reduce the eating out bill and order medicines online whenever possible. With job being not so stable I may have to switch and see where should I hope to be 5 years from now.



FI date is pushed to Mar 2026 which is 7 years 1 month, this date will keep on getting pushed if I do not control my spending.