A Dollar Saved Is a Dollar Earned

Gen Y Finance Guy Financial Freedom 14 Comments

With so much uncertainty in the world, it’s difficult for me to allocate incremental capital to traditional investments right now. I’m currently dumbfounded by the performance of the stock market and I’m waiting to see how this pandemic spills over to the real estate market. While I wait, I continue to build our war chest of cash, while simultaneously looking for creative ways to manufacture financial returns. Since mid-March when the COVID-19 outbreak started dominating our lives, I shifted the majority of my focus to things I could control, like our expenses. I’ve gone through a detailed analysis of all of our outflows looking for opportunities to cut out unnecessary spending. Like many, if not most, we are naturally going …

Income Report

April 2020 – Detailed Financial Report #64

Gen Y Finance Guy Monthly Financial Reports Leave a Comment

First and most importantly: I was finally able to procure some toilet paper for the GYFG household! I still don’t understand why people started hoarding TP as if it were gold but I’m glad we had enough on hand to get us through the initial panic phase of this pandemic. The news hasn’t gotten any better but we all seem to be adapting and moving past the shock of it all. There is still plenty of uncertainty on the horizon with respect to where we go from here…most of which plays out daily well beyond my control. That being said, I believe even more strongly in the importance of focusing on what I can control! Like many, the GYFG household …