I’m updating my visual aid for my goal of financial independence. The blue line measures my expenses and the red line measures my projected passive income. Read my assumptions to get this figure here.
Here is where I stood at the end of November 2013:
As much as I love my charts, I find the red line maddeningly hard to move at times. My net worth grew by almost $29,000 in the last month, but it’s hard to tell just from the chart. My projected passive income looks static, especially when compared to my expenses.
My expenses were up in December from giving year-end bonuses to various people in my life. I do not mind those types of expenses though; research shows that giving away money can bring happiness.