Financial Planning

Personal finance tracking, budgeting, and investment strategy.

Financial Goals

Emergency Fund

• Target: 6 months expenses (~180,000 SEK)
• Current: 150,000 SEK
• Status: 83% complete

Retirement

• Contributing max to pension
• Additional ISK investments monthly
• Target: Financial independence by 55

Short-term Savings

• Home Renovation Plans: 250,000 SEK (saving 10k/month)
• Japan Trip Planning: 40,000 SEK (complete!)
• New car fund: 100,000 SEK (50% saved)

Monthly Budget

Category	Budget	Notes
Housing	12,000	Mortgage + fees
Food	5,000	Groceries + dining
Transport	2,000	Public transit + car
Utilities	1,500	Electric, internet, phone
Health	1,000	Gym, supplements
Entertainment	2,000	Streaming, hobbies
Savings	15,000	Auto-transfer
Investments	10,000	ISK + funds

Investment Strategy

Asset Allocation

• 70% Global index funds
• 15% Swedish stocks
• 10% Bonds
• 5% Cash/alternatives

Accounts

• ISK: Tax-advantaged for stocks
• Pension: Employer + private
• Savings: Emergency fund at Avanza

Principles

Inspired by Book - The Psychology of Money:

1. Live below your means
2. Invest consistently regardless of market
3. Time in market > timing the market
4. Avoid lifestyle inflation
5. Insurance for catastrophic risks

Monthly Review Checklist

• Review all transactions
• Update net worth spreadsheet
• Check investment performance
• Adjust budget if needed
• Plan next month's big expenses

Related

• Tax Planning
• Net Worth Tracker
• Book - The Psychology of Money