I don’t know about you, but I remember the days when you could earn some interest on your cash. This is definitely not the case in today’s
low no interest rate environment.
Back in the 90’s and early 00’s we had a cash account with a brokerage where we parked our emergency cash fund. Our balance back then was about $35k and we would happily earn about $75 a month in interest. It wasn’t crazy money but it was better than a bank savings account and was still liquid should an emergency arise. We at least felt like the money wasn’t getting killed by inflation while it was protecting us from unforeseen events. Continue reading “What To Do With Cash Now?”
We are one week into living the RV life and to say the last month has been a whirlwind would be a drastic understatement. After getting everything loaded up and driving to our first stop we looked around and saw a giant mess. It looked insurmountable at first, but once we started tackling each area of our storage we became more encouraged as we cleared out bag after bag of our belongings. It turns out we had a lot more stuff left than we realized but after a week of organizing and adjusting to a new routine we feel a lot more at home. Continue reading “February 2021 Financial Update”
We did it! After years of planning, saving, investing, researching and pandemic delays we are finally living in our RV as full timers. There is still a lot to do but the hard part is done now that we took the leap and made it to the other side. It’s wonderful to say we actually achieved a long term goal and hopefully our journey will help inspire others to do the same.
We all have goals in life. Some people write them out or track them in one form or another while others just keep a mental note of things they would love to do and call it a goal. Typically those that track their goals are actually working in some fashion to achieve them while those keeping a mental note are mostly just dreaming about it. I call it the “maybe someday” syndrome, which is something we suffered from for many years. Continue reading “New Beginnings On The Open Road”
We are entering the final week of living in our old sticks and bricks house. It’s been a great place, but we knew it was never going to be our final home. The excitement of finally living in our RV full time far outweighs any emotions of leaving the house and to be honest there really aren’t any emotions about leaving. It’s a great house in a great location but it’s just not us and never has been.
It’s amazing what we have been able to accomplish in the last three weeks. We have sold nearly all of our possessions including our furniture, dishes, cookware, everything in our garage including a car and some of my musical equipment. There have also been some bumps in the road along the way but we have managed to figure out a solution and move along. Continue reading “From House To Home”
Events are evolving quickly in the RVF household. In January we put our house on the market and it sold in just two days, read about it here. We are now in full blown sell everything mode as we have to be out of the house in just a couple of weeks. It’s looking like we will need every minute of that time to clear out.
Of course when you sell your home and move into a RV you need a place to go. Since we need to stay in the area for a few more weeks we were able to make reservations at a not so local RV park. It’s going to cost more than we planned on spending but options were limited for a monthly space in our area. As my dad would always say “any port in a storm”. We plan to spend the next month tying up loose ends like filing our taxes, winding down our business and getting organized and adjusted to full time RV living. Continue reading “January 2021 Financial Update”
This is it! Everything we have planned for over the last few years is now, finally, coming to fruition. The last couple of weeks have been a whirlwind and we expect that will continue for at least another month now that our house is sold.
Once we settled on the decision to go with a real estate agent everything seemed to move at a breakneck pace. Using a traditional agent was a tough pill to swallow at first but when he got started we quickly realized it was the right decision, albeit an expensive one. Every agent has the standard responsibility of listing and showing the property. But generating interest and creating a competitive market to gain the best price definitely takes skill. It was fun to watch the process play out and it also paid off with our property selling for a record price for our neighborhood. Continue reading “RV Life – The Final Countdown”
And exhale! It’s finally here, the end of the month and the end of the most chaotic year of our lives. We referred to 2020 as the year of change as we had big plans and big goals, but we had no idea what was in store.
In 2020 everything that was supposed to change didn’t. We are still living in our house. Our son went off to college, but he came back home and he is still here. Our RV is still sitting in a storage yard. We are still paying for bills that were supposed to be gone with our new and improved nomadic lifestyle.
In the end it feels like nothing changed except the calendar. Like Groundhog Day we are starting 2021 with the same goals and plans we had at the start of 2020. Continue reading “December 2020 Financial Update”
What would 2020 be if we didn’t have a record breaking month for the markets on top of everything else that has happened this year.
In our October update I mentioned that the four market drivers going forward will be Stimulus, unemployment, growth and covid. With at least two covid vaccines now ready and waiting for approval the markets made major moves upward in anticipation of a post pandemic environment.
Additionally there are signs that stimulus talks are picking up again in Washington. I’m not holding my breath on a deal yet, but if talks are successful this time it could help people and businesses bridge the gap between the time the vaccines are approved and when they are made available to the general public. I think this is what needs to happen before we can get back to meaningful positive growth and lower unemployment rates. It’s always nice to have a positive month but there is still a long way to go before the economy gets back on steady ground. Continue reading “November 2020 Financial Update”
We would like to take a moment to wish all of our readers a happy Thanksgiving. While we, and many others, are not celebrating the holiday as we had hoped there are many reasons to be thankful this year.
We appreciate your support and taking time to follow our journey.
It’s been awhile since our last post. To be honest I just haven’t been up to the task. There were several days where I was trying to will myself to write a blog but I could never get motivated enough to even open the app let alone start writing a blog.
Part of this lack of motivation is due to dates passing that we previously had planned as milestones in the precovid era. For example, if our plans had materialized we would just be finishing our first week of full time RV living. Instead as I write this we are in our RV but paying a hefty fee for a weekend site. While fun, it’s not where we were hoping to be at this stage. Continue reading “October 2020 Financial Update”