Saturday, January 1, 2011

What is a financial independence ?

Intention of this blog is to share experiences and gather ideas on a road for financial independence.
At the moment this means to have sustainable income from my investments to maintain current life style.
This means US$ 60k in 2010. At the moment my net worth is US$ 119 K.  I will use 3% interest as basis for my calculation, meaning that I need to have $ 2, 000, 000.
I started accumulating some materials about my personal finances about year ago and will post them within next month or so. This would be spending habits and some analysis on how we spent money.
My intention is to update this on a monthly basis to work out routine and keep track on the progress.
First  few  posts will be published as they were written in 2008/2009...


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