Zero based approach to life

I developed number of time and money consuming habits, commitments and routines. Working from a starting point of zero I could change my life from a clean sheet of paper and a "Zero-based" approach. Zero-based approach to financial independence helps to reduce amount of time and money through rationalisation of every routine and habit that become part of new life.

This review exercise helps to make it clear (visible) and understand behind what I do, to sharpen the focus. Zero-based approach to financial independence requires courage and be ruthless to your existing habits and commitments.

How can it help:

- Does your current habits and commitments exceed amount of time and money you need?

- Do your routines litter your life with non-value added and wasteful tasks?

- Are your life commitments accurate and consistent with what you want to achieve (your goals and desires)?

Family budget 2017

This is 9^th year we are keeping our family budget formally, recording every expense and trying to make sense of it all at the end of the year.

 Overall: Almost in every category we exceeded our budget from previous year, but also from 6 year average almost in every category. Inflation (officially reported as 3% last year but with british pound collapsing 20% to US dollar feels more. Additionally, looking at energy prices – over 25% increase from 2011).

September 2017 update ($458,441 +$9,449 or +2%)

↑ Eurozone Stock Index Fund is up by 4.4% or $5,181

↑ Global Small Cap Index is down by 4% or $4,109

↑ US 500 Stock Index Fund is up by 2% or $2,099

↑ Emerging Markets Stock Index Fund is up by 0.1 % or $146

Grand total additions:  $11,535

↓ EUR is down to USD by 1% or $2,086  for my portfolio

Total loss: $2,041