Basketball over a hoop
Photo by Noah Silliman

At the end of each month, I provide a summary of all the income I earned working at my 9-5 as a software engineer as well as all the expenses I incurred.

Related: Net Worth Update #2 - May 2018

I share this to provide real numbers behind my financial journey. Financial independence, and the road leading to it, can be a hazy concept without actual numbers. Hopefully seeing this helps bridge the gap between financial independence as an idea and financial independence as a reality, for others and for myself as well.


Here’s what my post-tax income looked like in May:

Full-Time Job Income
Software Engineer$6,947
Total Monthly Income$6,947


Here are my expenses for May:

Monthly Expenses

Net Income

Here’s a chart of my total income, expenses, and net income for May:

Chart showing income, expenses, and net income

May Savings Rate: 80%


May was a fairly normal month.

I went to California this month to visit a friend and I bought a ticket to go visit my parents later in the year.

The Golden Gate Bridge and the surrounding bay was an incredible sight:

View of the Golden Gate Bridge and the San Francisco Bay

Even with the traveling, my savings rate remained in my 75-80% goal range. Life is good :)

Where I’m Headed

My full-time job as a software engineer is going really well. I’ve learned more in the past few months than I did during whole years during college.

One thing I’m looking into is creating additional income streams. What these will end up being I am not sure right now, but I am planting the seeds in my subconscious so that I am on the lookout 😁 Maybe down the road this blog will serve as an income stream through ad revenue or the Amazon affiliate program.

Meanwhile, the goal is to continue saving 75-80% of my income. I’ll be doing some traveling later in the year so I’ll probably miss the mark during a month or two, but the trips will be worth it ✈️

Finally, a shout out to Zach over at Four Pillar Freedom for inspiring this Income & Expenses series.