Welcome back to my blog. Today we will be doing a 3-month review which I am really excited about. Today we are going to find out whether I am on track or not.
My main goal for this year is to have a €10.000 emergency fund. As you can see in the diagram below I already saved €8.270. My goal is to have 10K saved by June. This means that I have to save about €580 per month, which is definitely doable. I am definitely on track and in June my emergency fund will be fully funded.
My next goal was to have a €25.000 networth. In the graph below, you can see that my networth is a little bit more than 22K. You can also see that I had a dip in February. This is because I booked a vacation. I also decided that I am not going to count my vacation savings in my networth anymore since I plan on going on vacation at least once a year.
My networth might keep going up and down this year because I still might be moving out. So we will have to see if I am going to reach that €25K goal this year.
Another goal was to have €5.000 invested in the stock market by the end of the year. So far I have €3.410,06 invested in the stock market. To reach my goal I have to invest a little bit less than €200 a month. Now that I got that raise I am investing €200 per month, so we can conclude that I am on track.
My last financial goal for this year, which is my favorite, is to receive €60 in dividends. I am happy to say that I am on track. So far I received €17,20 this year. As you can see in the graph below I am 28,67% there, which I am really proud of. Last year I received €24 for the whole year. So to receive this amount in the first quarter of the year makes me really happy.
I know that it is still early in the year, but I am happy to see that I am on track. And I am also happy to see that I will be hitting one of my goals in the second quarter of the year.
This is all I have for today. Thank you for your precious time and until next time!
Color and Coins