2017 Mid-Year Review

We are officially halfway through 2017, and doing great! Fresh home from an amazing trip to Portugal, Spain, and France, it’s time to have a look at our half-year progress for 2017.

Our net worth has increased from $244,341 to $272,751 – a $28,410 increase! That’s an average monthly increase of $4,735, which is very reasonable given our income. We are currently sitting at a 55% savings rate for the year, which is skewed low since we’ve already paid for most of our travel for the year (meaning it should boost above 60% by year end). Continue reading

How Fat is Your Budget?

Some people think our spending is insanely low and borderline mountain hermit. Frugal friends take one look at our annual travel spending and keel over and die. Today, we’re going to do a little bit of math and determine just how lean our budget is. We’re going to use 2016’s numbers for simplicity, though if I like the results, this may become an annual thing. I’m writing this as I run the numbers, and have no idea what the results will be. How fat is our budget? Continue reading

Our Journey Thus Far – in Numbers!

-Written by Steph

It’s always nice to look back at the path that’s brought you to today. This post is a brief summary of the year by year process of the first half of our early retirement journey, detailing that slow, sucky process that everyone hates – the waiting time where your net worth increases are almost entirely from savings, and your investment returns are minimal. Luckily, it only lasts a few years! Here’s where we’ve come from so far… Continue reading

The Incoming Assets Retirement Strategy

-Written by Steph

Given the current uptick in readership of our blog, along with the overall increased interest in financial independence and early retirement (FIRE), it seems timely to do a post that thoroughly describes the exact system we use in our pursuit. We’ve fine-tuned it over the years, and have come up with a strategy that allows us to build wealth quickly on average incomes and with minimal¬†ongoing effort. Here it is! Continue reading

2016 Financial Report

-Written by Steph and Cel

Has another year ended already? Well, it’s time for the annual reckoning! Here’s the¬†annual financial report, where we bare our financial lives for all to see.

First, we had an almost unbelievably good fiscal year. Right now we have a net worth of $244,341, which is a $75,121 net worth increase from last year! Our savings rate was also astronomical, at a whopping 70% for the year!

Let’s take a detailed look at where our money went. Continue reading