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).
It’s hard to believe that I left my corporate accounting job over 2 years ago! Time really does fly. Here’s my early retirement update for the second year. The biggest difference between my first and second years of early retirement? I actually had more freedom! If you’ve been following our journey, you know that I…
Wasting money is bad. Wasting time is worse. If we waste money or overspend, it’s a set-back that we can recover from. Money is within our control. Although the ever-growing inequalities in our society make this more difficult for some, there’s usually a way to earn more money. Additionally, we can cut back our spending…
We’re increasing our 2022 budget! Although inflation is playing a part in this decision, the majority of the increase is for discretionary spending. When drafting our 2022 budget, we’d already added some extra “fun money.” However, after reading Die with Zero and reflecting on our life situation, we’ve recently decided it wasn’t enough. All this…
Welcome to Rich Frugal Life’s April 2022 financial results! It’s spring here in Arizona, and that means the 90 – 100 degree weather has arrived (boo)! I guess that’s the price we have to pay for mild winters and sunshine. Before we get into the numbers, here’s a little bit about what we got up…
Welcome to Rich Frugal Life’s March 2022 financial results! Confession: we spent a lot of money this month! As you’ll see below, we spent a lot of money in March… more than double what was spent in February and well above our budgeted amount. While much of this was due to timing of certain bills…
I stopped working two years ago, at the age of 38. We weren’t financially independent yet, but we had accumulated enough financial freedom to begin my early retirement and provide more balance for our family for the remainder of our journey. We’ve since reached our FIRE goal. Although Mr. RFL continues to work, he plans…
Welcome to Rich Frugal Life’s February 2022 financial results! Before we dive into the money talk, here’s a brief update on what we were up to last month. A very frugal Valentine’s day Valentine’s day isn’t a holiday that we typically go all out for. Perhaps it’s because we try to show our love and…
Today I’m sharing our January 2022 financial results, including monthly spending, passive income, and updates on our net worth and investment portfolio. But before we dive into the money talk, here’s what the RFL Family was up to last month. We reached Financial Independence! Yes, that’s right folks. In case you missed my (not so)…
We just achieved financial independence, and it felt a bit… anticlimactic? Yes, you read that correctly. It’s not the feeling I had expected either. After months of build up and excitement, we blew past our financial independence target of $1,000,000 the first week of January. The timeline of this achievement was expected. Mr. RFL (finally)…
Welcome to our second annual “year in review” on the Rich Frugal Life blog! In this post, I’m sharing our 2021 financial results, with all the details of our expenses for the year, passive income, savings rate, changes in net worth, our current investment portfolio allocation, and the final update on our 2021 financial goals….