Our Finances: January 2020

by Maddi Bazzocco
Hello, it's Gatsby here. 
Is it just me or January really felt like forever? rasa lama betul nak habis bulan januari ni. January really tested my financial strength as my income in December is only 1/3 of my usual income. This is because I went backpacking in Europe for 18 days (10/10 recommended). I will create a separate post for this in the future!


 Nonetheless, please see our financial updates below. 

Emergency Fund 


As of 1st February, 
  • Gatsby's Emergency Fund: RM 900.53.

    I've contributed a total of RM 235.57 for January 2020. that is a 35% jump in a single month! I will maintain these aggressive saving mode and hopefully I can reach that goal of RM 1100 by next update. 
  • Daisy Emergency Fund: RM 20.00

    For the first time, Daisy has contributed RM 20.00!! The initial amount is not important, what matter the most is, she managed to pay herself first. She got her wealth snowball rolling and it will grow bigger exponentially. This small amount will start her Million Believe in the power of compounding. 
Despite lack of income, I keep on paying myself first. I make it a first priority to always pay myself first. And you should be doing the same too. My trip to Europe has reminded me that I can afford to lose most of my income to travel the world. I'm full aware of aware of my humble emergency savings, but I could say I got to catch a glimpse into the Financial Freedom, and that's where I'm heading to. 

 How's your Emergency Fund? Have you started yours? 

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