Showing posts with label life. Show all posts
Showing posts with label life. Show all posts

Saturday, March 26, 2011

Slush Fund

This is my new blog.  Here is my online escape from the daily grind of public accounting.  I don't want to whinge about work, but instead will use this blog to plot my life after I complete my CA.

My first post is about setting up a slush fund to work out what I want to do in about a years time when I will quit public accounting.  I got the idea of the slush fund from Advance Riskology.  Credit where credit's due right?  Here's a bit of a brief of my initial budget to which I will amend as I go along.

Here's a monthly briefs of expenses I think I will need.  

$1,600 rent
$ 400 food
$ 30 travelling costs
$ 200 extra
$50 donations

In total just short of $3,000 per month.  I plan to be away for about 9 months, so I need $27,000.

The good news is I already have that much saved.  However this amount does not include the amounts I will need for the business that I plan on starting...

Well that's it for my first post