Lifestyle Deflation

Recently some of my fellow bloggers have written some excellent posts about lifestyle inflation and the impact it has on savings and finances over time. My friends over at have a great write up on the subject which you can find here.

This got me thinking about the subject and I came to the realization that over the next year we will be entering a period of significant lifestyle deflation. This has always been the plan as you can’t live full time in an RV and have a lot of stuff. However, the fact that we are now within a year of making this dream a reality is very surreal.

This realization is already starting to impact our decision making and spending habits. Several times this past week we passed on purchases because it wouldn’t fit our future lifestyle. We have had more discussions about things that we need to figure out how to make work in the RV, like computer equipment, as well as things we are going to need help getting rid of.

Then you have those personal moments that come up such as this will most likely be our last Thanksgiving and Christmas in our home. Well, at least Christmas since we have spent the last three Thanksgivings on the road. We are staying home for Thanksgiving this year, but that is not by choice. It will also be our son’s last holiday season before he leaves for college and we become empty nesters. After that is when the lifestyle deflation wheels really go in motion.

So what does lifestyle deflation look like for us? Well, first we will be selling most of our personal possessions. If it can’t fit in the RV it goes in the sell stack. Then we have another car that will be sold since it will no longer be used by our son. With that comes lower insurance rates and one less car to register. And of course we have the house and all of the expenses that come along with owning it. Once sold, there will be no more bills for gas, electric, homeowners insurance, mortgage payment, HOA fees, property taxes or other house related maintenance bills that might pop up. We will also no longer have any RV storage fee since we will be living in it.

Now on the flip side there will be some new expenses that come along with our new lifestyle. However these expenses are all subjective and controllable. We will have to pay a monthly fee wherever we stay. But that amount is something we make the decision to incur or not. And no matter what we choose it will be much cheaper than all of those bills I just listed above. Some places choose to charge electric fees for long term stays so we could have that expense as well. We will have to fill a propane tank every once in awhile and we could see an increase in fuel costs. Not for the RV, but for our daily driver since we are probably going to be a little farther from places we need to get to.

We plan to continue working while our son is in school so we can help him with expenses. We also have our goal to reach of $1.5M in cash and investments to achieve F.I. Once we sell our home and most of our possessions that money will take a nice bite our of the remaining $500k we need to save. Additionally, a preliminary budget I created for our future lifestyle reflects nearly a 50% decrease in expenses from our current lifestyle. Hopefully this decrease in spending and market increases over the next 4 1/2 years will allow us to hit our goal so we can enter the R.E. side of the plan.

The next year is going to be a whirlwind and filled with challenges and obstacles. Lifestyle deflation is a key component in achieving our goals and obtaining long term stability. Once we reach F.I.R.E. it is what will allow us to be more mobile in our travels and provide us peace of mind in our finances. For us, lifestyle deflation is the path to, and the lifeblood of, our future.

What are you doing to control lifestyle inflation? Or are you like us and looking to move into a phase of lifestyle deflation? Leave us a comment with your ideas or any plans you have to downsize your lifestyle.

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Until next time………..


Countdown To Freedom

As I head into my last week of work before setting out on my own I have to admit that I am nervous as hell. There is a lot to get done this week and it’s not easy to focus when I still have to go into an office every day and put in twelve hours. On top of all this I have another certification to get so I can make sure to reach my full earnings potential.

A couple of good things that have come up in the past week. First, after doing some market research I realized that my initial pricing was too low so I’m giving myself a raise before I even get started. Another good thing that happened is that I made an agreement with a local business to refer people to me. It doesn’t cost me anything and they will keep some of my business cards on their countertop. In turn they have someone that can service their clients when needed. Continue reading “Countdown To Freedom”

Popular Camping Products

In previous blogs we wrote about our favorite gadgets and essentials for your new RV in which we listed items we love using now or have enjoyed using in the past during our travels.

I read a lot of blogs and belong to a lot of RV groups and there are many gadgets and products that are very popular with RV’ers and campers. We thought it would be a fun idea to change it up a little and create a list of these items since they are popular and everyone’s needs are different. Please note that we have not used any of these products. Continue reading “Popular Camping Products”

RV Essentials Dog Edition

One of the things we enjoy most is taking our dog with us on road trips. He is our four-legged family member who brings joy to our lives and makes our home complete. He also loves the camping glamping lifestyle as much as we do, as you can see.

Continue reading “RV Essentials Dog Edition”

Summer Trip Preparations

As we move closer to the departure date for our Summer road trip, we have begun making preparations and getting everything in order.

This isn’t our first go around, but it seems like we almost always forget something. Last time we made the journey to Yellowstone National Park, I forgot my camera of all things. Nothing like going to the most scenic place in the country and not having a camera. I used my phone, but it was no substitute for a professional grade camera. Continue reading “Summer Trip Preparations”

Essentials For Your New RV

I have seen a lot of questions in different forums from new RV owners asking what items are important or must haves before heading out on their first trip. The first trip is always going to have its ups and downs. If you’re lucky, you spend most of your time getting to know your new coach and putting things away how you like them.

However, more often than not, people end up discovering small issues and end up doing some sort of DIY repairs. The experience can range from euphoric to down right frustrating.

Before you go out, it’s good to be prepared to avoid some self-inflicted frustrations. I have compiled a list of some essential and basic items that we use. Some might seem obvious. But we have experienced, seen and heard stories from people that have left home for a trip and in their excitement, forgot basic necessities. Hmmm, I thought I put the new sewer hose in the wet bay! Continue reading “Essentials For Your New RV”

10 Budget Friendly Camping Items

Hello everyone! Summer is almost here and that means camping season is upon us as well. We spend a lot of our time camping glamping and there are some things we just cannot do without. Continue reading “10 Budget Friendly Camping Items”

RV Buyers Guide

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”