Rich Frugal Life’s 2023 Year-end Portfolio Update: Is it Time to Change our Investing Strategy from Growth to Income?

Revealing Rich Frugal Life's 2023 Year-end Portfolio Update: Is it time to update our investing strategy from growth to income?

Welcome to Rich Frugal Life’s 2023 year-end investment portfolio update, including a discussion of the changes we’re making to our investing strategy in 2024. Last year was a great one for our investment portfolio! Mr. RFL and I were both surprised and thrilled to watch our investments increase by 53% during 2023. About half of…

A New Dividend Record and December 2023 Financial Results

Rich Frugal Life's December 2023 Financial Results - view from a recent winter hike

Welcome to Rich Frugal Life’s December 2023 financial results! Before we get into the numbers, here’s what we were up to last month.   Breaking our previous dividend records I expected a big payout this month from our investment portfolio… and it delivered! Despite converting a portion of our 401k investments into non-dividend paying funds…

Time is Flying and November 2023 Financial Results

Rich Frugal Life's November 2023 Financial Results

Welcome to Rich Frugal Life’s November 2023 financial results! Before we get into the numbers, here’s what we were up to last month.   Can you believe it’s already the last month of the year?! I can’t. This year feels like it has gone by so quickly, and I’ve only accomplished a fraction of what…

Turning off the AC and October 2023 Financial Results

Rich Frugal Life's October 2023 Financial Results

Welcome to Rich Frugal Life’s October 2023 financial results! Before we get into the numbers, here’s what we were up to last month.   Thank goodness this summer is finally over! We were excited to finally turn off our air conditioning last month… with the exception of a couple rouge days that crept back into…

Dividend Growth and September 2023 Financial Results

Rich Frugal Life's September 2023 Financial Results

Welcome to Rich Frugal Life’s September 2023 financial results! Before we get into the numbers, here’s what we were up to this month.   Bring on the quarterly dividends! March, June, September, and December are the best months when it comes to passive investment income, since most mutual funds and ETFs pay dividends quarterly. As…

The Average American Household Spent $72,967 in 2022: How Do Your Annual Expenses Compare?

· 2023 BLS Consumer Expenditure Survey Results ·

According to the U.S. Bureau of Labor Statistic's latest Consumer Expenditure Survey, the average American household spent $72,967 in 2022. How do your annual expenses compare?

The U.S. Bureau of Labor Statistics (BLS) just released their latest Consumer Expenditure Survey, which shows how the average American household spent $72,967 in 2022. That’s the equivalent of spending $6,081 per month. How does your household spending compare? Comparing your expenses to that of the average American household can help you determine if you are spending too much…

ABOUT RICH FRUGAL LIFE

Hi! I'm Mrs. RFL. We're a family of 3 trying to live a rich frugal life on our way to financial independence and early retirement ("FIRE"). I retired in early 2020, at age 38, to help our family achieve the balance we desperately needed. Even though we hadn't reached our end goal, making this change allowed us to take advantage of the financial freedom we'd already earned to begin building a happier, healthier and more meaningful life. This decision didn't slow down our journey as much as expected. We reached financial independence in January 2022! Rich Frugal Life follows our FIRE journey and shares everything we learn (or screw up) along the way.

NEVER MISS A POST

Subscribe to receive new posts by email.