Well, it appears that almost a year has past since the last snapshot. It's time for an update:
My current expenses are food, car payment, gas, phone and insurance. Rent has been paid in full for the whole year. Utilities are included.
Car loan is the only debt that I hold currently.
For 2015, there are 3 goals:
The first and immediate goal is to save at least $100K in available cash by the end of 2015.
The second goal is to reduce the amount of car loan by $10,000 and re-finance to a lower monthly payment.
The third goal is to shed as much as possible so that all of my belongings can fit into a single vehicle. (currently, they fit into a 450 sq. ft. space)
Observing myself after moving into a smaller space is that few items were used most often and most items were used only few times. Many items linger and take up space for convenience and for that one time use.
I also have "duplicates" - i.e., a road bike, a hybrid bike and a mountain bike. Clearly, to a person who's into bikes, the differences are obvious. But can't ride'em all at the same time now, can I?
I have over 10 pairs of fairly costly shoes for various activities, and over half of them I've never even put on since the purchase - this doesn't include bicycling shoes.
There are many legacy cd's, dvd's, books that can be better stored nowdays (though I may still keep the books), and I have multiple display devices for computing and entertainment not to mention multiple dedicated electronics that can be consolidated into one.
Everywhere I look I see exotic and expensive clothing, tools, camping gear, musical instrument, cooking utensils and furniture that I've spent extra money on for quality's sake. But in the end, did it really make my life that much better over all?
2015 will be the year of shedding for me and part of it will be lowering expectations - that I don't always have to have the best available equipment for everything, but maybe for fewer, more specific and concrete interests.
It's pretty amazing to experience that number of "things" required to sustain a person is very minimal. Somethings you don't easily get to "see" unless you're out of the house.