Welcome to the fourth annual “year in review” for the Rich Frugal Life blog! In this post, I’m sharing our 2023 financial results, with all the details of our expenses for the year, passive income, savings rate, changes in net worth and investments. Since there’s a lot to cover here, I’m just going to jump…
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…
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…
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…
We just recently got back from our first family trip to Disneyland and had a blast! I don’t think anyone would describe a Disney vacation as “cheap.” While we expected to spend a lot of money, we ultimately found that you don’t have to completely blow your budget to make the trip special. Here’s how…
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…
Welcome to Rich Frugal Life’s August 2023 financial results! Before we get into the numbers, here’s what we were up to this month. Getting back into the swing of things This month we returned to usual routines with our little one starting 1st grade. My volunteer activities have been ramping up, which is a…
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…
We recently spent a week travelling through southwest Colorado and fell in love! While we would have been thrilled to be anywhere but Phoenix and its 110+ degree temperatures in July, this was the perfect getaway. We spent half of our trip in Durango and the other half in Telluride. Southwest Colorado is ridiculously beautiful…
Welcome to Rich Frugal Life’s July 2023 financial results! Before we get into the numbers, here’s what we were up to this month. Summer is over and I’m back! School is officially back in session, which means that summer is coming to an end. Well, not the hot temperatures. It will stay above 100…
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.
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