Do you consider your primary residence to be an asset? Is the value of that home included in your net worth calculation? I frequently see this topic debated on social media and it always surprises me to see how many people don’t view their home as an asset, and the reasons they give for why….
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 interview #3 in the “FIRE with Kids” interview series! Unlike the first two families featured in this series, today’s interview features a younger family who is much earlier on in their FIRE journey. Meet Matthew, the 27-year-old blogger behind Time Value Millionaire. Although on his own FIRE journey for a few years now, Matthew…
I can’t believe it! I just won a Plutus Award for Rich Frugal Life! For those of you that follow me on social media, you may have already seen my public displays of disbelief, followed by ecstatic celebration. Winning the award for ‘Best Financial Independence or Retire Early Content’ at the 13th Annual Plutus Awards…
The U.S. Bureau of Labor Statistics (BLS) just released their latest Consumer Expenditure Survey, which shows how the average American household spent $66,928 in 2021. That’s the equivalent of spending $5,577 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 (or…
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…
If you’ve recently discovered the ‘FIRE’ movement or decided to finally take control of your finances and start investing, you may be wondering where to begin. The good news is that there are hundreds of free resources and books available that can help with wherever you’re at in your personal finance journey. Financial literacy is…
Welcome to the interview #2 in the “FIRE with Kids” interview series! Today, I’m excited to share the story of one of my favorite FIRE bloggers, Chrissy from Eat Sleep Breathe FI! After discovering the FIRE movement a few years ago, Eat Sleep Breathe FI was one of the first FIRE blogs I stumbled upon…
Comparison is the thief of joy. This is obviously not a new statement. Yet it rings true across pretty much every aspect of life. Money. Work. Beauty. Love. Friends. It’s only human nature to compare ourselves to others. Unfortunately, it’s also really easy to do these days with the prevalence of social media. While it’s…
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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