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).
Happy New Year! Today I’m sharing our December 2021 financial results. Next week I’ll share our year-end financial review for all of 2021, which will include total spending and passive income for the year, our current investment portfolio, and how we fared on our 2021 financial goals. Before we dive into the money talk, here’s…
Birthdays and year-end are great times to reassess and set goals for yourself. My birthday falls at the end of the year, so today is the perfect time to finalize my 40 goals for 2022. Why 40 goals? Well, it’s hard to believe, but I just completed my 40th trip around the sun! Time really…
It’s a good practice to have a budget. How detailed and how strict you are with it is a personal decision which should be based on your financial situation and goals. We treat our budget the way we treat most of plans in life… as a “loose plan.” Our 2022 budget will serve as a…
Before we dive into our November 2021 financial results, here’s what the RFL Family was up to last month. November Goals and a 2-Week Challenge Thanksgiving is the official kick-off to the holiday season, one that’s typically filled with overeating, binge-watching holiday movies, and putting off healthy habits until the new year. After all, we…
Before we dive into our October 2021 financial results, let’s talk about the highlights. The RFL family goes on vacation! We finally went on a real vacation… a pack up the whole family, get on an airplane, and go somewhere far away vacation. Although I had some serious anxiety leading up to it, especially since…
Before we dive into our September 2021 financial results, let’s talk about some of this month’s highlights. The market was a dumpster fire this month, but our family had a great month. Mr. RFL and I celebrated 6 years of wedded bliss, and we all enjoyed a nice visit from my sister and her partner,…
After celebrating the achievement of Lean FI/RE a couple months ago, it finally dawned on us that we are just months away from reaching Financial Independence and should probably start planning for what we’ll do once we actually get there. The Fioneers recently wrote a great post about creating their 5 year plan, which inspired…
Before we get into our August financial results, let’s talk about what went down in August. It was a big month for the Rich Frugal Life family, in many ways. Back to School! Despite an unexpected escalation in the pandemic, thanks to Mr. Delta Variant, we sent our daughter off to school for the first…
Today we’re sharing our July 2021 financial results, including all the details of this month’s spending, passive income, savings rate, investments, and changes in net worth for your voyeuristic pleasure. Even though the temperatures are still well above 100 degrees, we’re (thankfully) coming to the end of summer. School is starting for our little one,…
We’re almost to our FIRE goal, but sometimes I still feel guilty or shameful when spending money. Even when doing so aligns with our value-based spending philosophy. Recently this feeling caused us to waste a lot of time trying to do a project ourselves that we should have just hired out from the start. Money…