Q4 23 update

📊 Q4 2023 Financial Update: Steady Progress Amidst Changes 🔄

Here is my update on the state of my financial affairs as we conclude Q4 2023. The net worth is now standing at $144,600. In recognition of the inherent volatility in financial markets, I continue the practice of quarterly net worth updates, instead of monthly.

Q4 2023 Overview: More Discretionary Expenses, Less bonus

The past quarter witnessed increased discretionary expenses—such as investments in watches and holidays—and a reduction in the company bonus, leading to a significantly lower saving rate.

FY 23 review

Despite the nuanced financial landscape, I’m pleased to share a significant milestone in my journey. Over the course of this year, my net worth has experienced positive growth, surging from $66,000 to $144,600. This upward trajectory not only reflects professional achievements but also signifies a deliberate commitment to financial stability amidst broader economic realities.

In addition to advancements in my financial career, I am proud to announce the successful filing of my first patent. This marks a notable accomplishment, highlighting a multidimensional approach to personal and professional development. Moreover, I have taken on the challenge of resuming my Ph.D. studies on a part-time basis, embracing the pursuit of knowledge alongside my professional endeavors.

As we approach the dawn of 2024, I am optimistic and enthusiastic about the challenges and opportunities that lie ahead. The experiences of the past year have fueled my determination, and I eagerly anticipate a dense and fulfilling year, marked by continued growth, learning, and achievement.

Acknowledging the Realities of Finance

As with any financial journey, there are highs and lows. I appreciate your ongoing support and understanding as I navigate the intricacies of personal finance. This update is a testament to the realities of financial stewardship and the importance of adaptability. Looking ahead, I remain committed to the principles of financial responsibility and value the continued dialogue within this community.