This is our journey to financial independence. You’ll find regular progress updates and a sneak peak at our finances (such as, monthly expense reports).
Welcome to Rich Frugal Life’s October 2022 financial results! Before we get into the numbers, here’s a little bit about what we were up to last month. Fall is finally here! October is my favorite month. It always has been and probably always will be. Growing up in New England, the arrival of October meant…
Welcome to Rich Frugal Life’s September 2022 financial results! Before we get into the numbers, here’s a little bit about what we were up to last month. We spent A LOT of money this month! We’re back in renovation mode and nearing the end of the backyard portion of our remodel. Besides committing to spend…
Welcome to Rich Frugal Life’s very first (and likely last) net worth reveal! When I started this blog a little over two years ago, I really wasn’t sure how much of our financial information I would share beyond our monthly expenses. I’ve ended up sharing a lot more than I had originally anticipated, but there’s…
Welcome to Rich Frugal Life’s August 2022 financial results! Before we get into the numbers, here’s a little bit about what we were up to last month. We have a kindergartener Our little one officially started public school this month! She is loving it and so are we. Kindergarten is a whole new experience than…
Welcome to Rich Frugal Life’s July 2022 financial results! Before we get into the numbers, here’s a little bit about what we were up to last month. It’s freaking hot here! July and August are the worst months to live in the Arizona desert. With the exception of a brief dip in temperatures, we’ve been…
Today, I’m sharing the results of our 2022 mid-year financial review. Here in the Rich Frugal Life household, we like to perform a deep dive into our finances twice a year. During this review, we compare our year-to-date spending to the budget, analyze our investment portfolio allocation and targets, and assess how we’re tracking towards…
Welcome to Rich Frugal Life’s June 2022 financial results! Before we get into the numbers, here’s a little bit about what we were up to last month. Our New England Road Trip The summer heat is no joke here in Phoenix. Although I’d prefer to escape for the entire summer, we were grateful to at…
Despite the provocative title, I’m actually a big believer in the FIRE movement. Pursuing financial independence and early retirement can help you achieve a happier life. That said, if you start this journey believing that happiness is waiting on the other side of that finish line, you’re likely to be disappointed. The FIRE movement won’t…
Many early retirees don’t include social security income in their retirement plans. Why? Probably because the 4% rule doesn’t use it. It’s also not available until traditional retirement age. Even so, social security income will cover a portion of your expenses in the later years. And the benefits can be significant. There may be a…
Welcome to Rich Frugal Life’s May 2022 financial results! Before we get into the numbers, here’s a little bit about what we did last month. Getting social again (finally!) While we haven’t been complete hermits during the past year, May was the month we finally got out into the world and got social again! It…