First Month of Phase 1 Barista FIRE
This post is just for personal reference, to record my personal income and expenses in my journey towards Barista FIRE. For the month of January, which is the first month for the phase 1 of Barista FIRE, I am pleased that I have survived, with surplus at the end of the month. The main reason for this is because I have "bonus" paid out from my tutoring funds for my work in 2025 (since I am self-employed, it is basically just ownself pay ownself). As I transition into this phase, my work load has declined and I am no longer working 7 days a week. However at the same time, I think I also became a little more mindful of my spending, but not to the extent of over-thrifty as I am still meeting friends and dining out sometimes. However, I am definitely more conscious of where every dollar went. Special mention is necessary for "Miscellaneous Spending". The amount is exceptionally high this month because I made use of the "bonus" income to pay for hotel booki...