This monthly report does not include any salaried income. The basis for this monthly financial review is to gauge the sustainability status of my financial independence based on the total amount of passive income received.
A very busy month, takes a long time to crawl through. Why am I suddenly so busy? LOL.
Well, this month the dividend income was a big ones, total amount is $6,031.23. The banks gives out a bigger pies this year, added with Singtel Singapore biggest telecom giving out special bonus this year. A fat month, wish every month is like this.Rental income remains stable. This bring the month of August total passive to $8,426.63. That's 3 times more than our monthly expenses. Pretty................ well hope this can maintain for long term.
Inflation, consumers' goods and supplies continue to climb in Singapore. Many people complaining about the rising expenses, especially those with families and other forms of commitments. Those sandwiches class got the worse to handle since they are the group of people in the middle of nowhere.
To be honest, it is something to be expected. The human history has been a long journey of repeating cycles, no generation has ever been spared of facing problems of their time. We are now in sort of transition stage, the old systems and order started to become overloaded and difficulties to handle new challenges. The question now is how will the existing established order handle the changing time.
In my views, rather than expect the others to do for me, I rather do it myself to find a way through. There are no such things as goodies gives to us on a silver tray, not to ordinary people anyway. It is our life, if we cannot find a way out, no one will.
