At the end of every month, I post an update about my networth. I have seen many other financial bloggers posting it regularly, and it is very motivating to see their progress over the years. This blog is a log of my journey towards financial independence, so it’s only fair to post this small update every month. I believe financial freedom is a long journey with small changes accumulating every month turning into a snowball. This minor update every month should be living proof of that.
|Stocks||₹ 23,40,510||₹ 26,01,217||₹ 21,37,601||₹ 21,01,118|
|ELSS||₹ 1,11,886||₹ 1,10,879||₹ 2,08,649||₹ 2,10,535|
|Liquid Funds||₹ 1,20,320||₹ 1,21,767||₹ 1,22,349||₹ 2,03,076|
|Cash in bank||₹ 3,09,411||₹ 3,89,148||₹ 8,12,749||₹ 9,74,165|
|REIT||₹ 0||₹ 0||₹ 2,40,000||₹ 2,57,560|
|Total||₹ 28,82,127||₹ 32,23,011||₹ 35,21,348||₹ 37,46,454|
|Total (in $)||$ 40,465||$ 45,494||$ 50,711||$ 53,792|
My passive income for April is ₹0. The ultimate aim is to have my passive income cover all of my expenses. It is going to be a daunting task, but I am confident that in due time it will turn into a snowball.
I currently stay in a one bedroom apartment with my parents. I do have expenses on groceries, electricity bills and other utilities but nothing in terms of rent or mortgage.
I do not have any plans to buy a house in the near future. Although after my marriage I will inevitably have to shift to a two bedroom house on rent.
I do not have any long term debt and intend to keep it that way.
I’ll keep providing these monthly updates. I hope you enjoy reading it.