The month of April came and went in what seemed to be a flash and we are happy it is over. The month began with us still being stuck camping in a bodyshop parking lot as repairs continued on our RV. Once the wonderful folks at M&M Coach completed the work it was time for us to head to South Dakota so we could complete the process of becoming residents.
Of course everything we hoped to avoid on our journey to and from South Dakota ended up happening. And why not since Murphy’s Law seems to be our copilot and trial by fire is the gauntlet we apparently have to run through in order to live this amazing life.
We hit below freezing temps, snow and heavy winds pretty much every single day in Utah, Wyoming and South Dakota. Just the week before these same places were enjoying sunny 80 degree days but now it’s snowing in the middle of April. We made sure to fill our water tanks every chance we got because several campgrounds were unable to turn on their water due to the risk of the pipes freezing. This also meant we had to ration water because getting more would require breaking down camp and driving the RV somewhere in snowing conditions to refill the tank. No thank you!
Continue reading “April 2021 Financial Update”
There is not much more that can be said about our current situation than we outlined in our previous blog. The good news is that there is now light at the end of the tunnel and we are taking everything one day at a time.
Financially the month of March was pretty good considering we had a large cash outlay to pay off our son’s first year of college. Due to this expense we expected that we would, at the very least, have a negative month. We were really just hoping it wasn’t too negative. Throughout the month the markets were very choppy due to rising yields, inflation concerns and of course covid-19. In the end some positive news pushed the markets up and much to our surprise we were able to squeak out a small gain. Continue reading “March 2021 Financial Update”
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”
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”
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”
September was a bitter sweet month. We had an amazing time on our month long road trip but coming back to the old sticks and bricks home has been rough to say the least. While we were forced to make many adjustments to our original plans due to restrictions, fires, hurricanes and something called a derecho we never felt more at home being in our RV. The freedom to choose our direction and change course as we pleased was very liberating. Heck we drove 400 miles out of the way just to check out a resort in Oklahoma because some random people we met in Texas recommended it. Who does that? 🙋🏻♂️
Adding to the frustration of returning home is that fact that this was the time where we were supposed to be selling our house and belongings in preparation for moving into our RV full time, but those plans had to be put on hold until at least January. So instead of being weeks away from our dream we are months away at best with a timetable still contingent on other outside factors. It’s hard to be positive when the goal posts keep moving back. Continue reading “September 2020 Financial Update”