As camping season begins, we are contemplating how we are going to manage our budget and still not short change ourselves on the experiences we have planned. Up to this point, we never really took… More
I have been reading various financial articles and blogs and it appears some people just don’t get it! Or could it be something else?
The latest article I read was from a well known business publication doing a Q & A session with a so called financial expert. Continue reading “Haters On FIRE!”
When I last posted, my wife and I were in Vegas attempting to enjoy our time together without busting the budget. This was our first trip to Vegas since we made the decision to change our ways and focus on reaching FIRE. It was the first true test of our ability to focus on priorities and not just whip out the old credit card for whatever our hearts desired. Continue reading “Vegas on FIRE Update”
Good day everyone! My question to you today; Is it possible to do Vegas on FIRE?
We are making the attempt this weekend at one of those pesky prior commitments I spoke about before.
Let me know your thoughts in the comments below.
Anyone who has watched or invested in the stock market knows that it is not always for the faint of heart. The market has a way of making you really feel good just before it punches you in the gut.
I enjoy watching the daily ebb and flow of the market. I know I’m in it for the long haul. I don’t worry about big drops or big gains on any given day. The dollar amounts can be sizable, but I don’t need that money today. If you are a person who’s stomach turns at the thought of losing the equivalent of someone’s annual salary on a bad day, week or month, then it’s best you focus your attention elsewhere and stay away from CNBC. Continue reading “The Stock Market Ride”
As we continue down this road of self reflection, it is painfully obvious that controlling expenses is the number one priority for anyone pursuing financial independence. I know, thank you Captain Obvious! There is more to this than I originally thought of or considered when we set ourselves on this path. Not only are we trying to cut expenses to increase our savings rate now, we are cutting expenses to create a new baseline for our lifestyle in the future. Continue reading “Expenses = FIRE Extinguisher”
When it comes to RV’s, there is certainly no shortage of choices. In fact, it can be downright overwhelming if you are new to the industry and trying to decide on the first rig for your family. Do you want to tow it? Do you want to drive it? Do you want a trailer? Do you want a 5th wheel? Class A? Class B? Class C? Gas? Diesel? Tiny house? Ok, not so much on the tiny house, but they are an option now and I’ll admit I do enjoy the show on tv. Continue reading “RV Buyers Guide”
April is always one of the worst saving months for us historically. Unfortunately, this April was no different. I always play a little game of Russian roulette with our taxes because I despise government spending and waste in general. I choose to hold onto my money as long as possible before the politicians get to waste it; especially state government like we have in California who waste countless taxpayer dollars on lame ideas like a high speed rail line. Um, it’s California! We like our cars and we are not taking a stupid train anywhere, but I digress. Continue reading “April 2019 Financial Update”
As I await my final statements for the month of April, I was thinking about my current investment portfolio and what changes, if any, I need to make.
I previously admitted that I went through a long period of time where I didn’t
care bother to track or deal with my investments. Just based on this, my portfolio probably needs to be reworked. But there are now other factors at work. Continue reading “What Is Your Investment Strategy?”
Up until now I have focused mostly on the financial side of our story. Let’s take a moment to discuss the ultimate purpose of this journey which is for us to live full time in our RV.
When we talk amongst friends or family and put our plans out their it’s always interesting to see their reactions. They typically range from blank stares to some sort of forced happiness. Although more and more people are choosing to live life on the road there is still a common misconception and stigma attached to it. Continue reading “RV Myth-busters!”
The first quarter of 2019 was a welcome change from the end of 2018. It was also what I consider the beginning for us in terms of our pursuit to achieve financial independence.
We had purchased our new RV in the middle of 2018 for which we used a significant amount of cash. Then I stumbled upon a blog by Mr.1500 at 1500days.com which peaked my interest in the #FIRE movement. Following his blog and journey to #FIRE was an awakening for me. It made me question our lifestyle and ultimately helped set us on our own journey to achieve a life detached from the constraints of a required work day. It’s amazing that such a simple concept can change one’s life so dramatically.
Here is how we ended the first quarter of 2019.
Portfolio- $935,504 (Cash and Investments)
Portfolio Goal – $1,500,000
Amount needed to reach goal – $564,496
Our portfolio increased by $104,025 which is about 12.5% from the end of 2018.
Net Worth – $1,125,231