Tag: wealth

One Year Later

Published on by RV-on-FIRE.comLeave a comment

This morning I woke up and started my usual daily routine of iced coffee and sitting down to catch up on any news. Only this time when I logged on I had several messages pop up on LinkedIn from former coworkers saying congrats on your work anniversary. Huh?

After a brief bit of confusion I realized that it is indeed the one year anniversary of our business. Where did time go? It’s hard to believe it’s already been a year. So much has happened and changed during the past year it’s not surprising that the date slipped my mind.

Looking back it was the best move I ever made. While the money isn’t up to what my corporate job was paying me I am more wealthy in other ways. I spend a lot more time with my family, the stress level is at or near zero most of the time and the flexibility to live a happier life is priceless. I mean we just returned from a month long road trip and drove our son to college thousands of miles away! That would have never been possible if I was still at a corporate job. Continue reading “One Year Later” →

August 2020 Financial Update

Published on by RV-on-FIRE.com1 Comment

College Road Trip 2020 continues to roll on. We are on the homestretch leg of our trip. As I write this update we are sitting at our campsite in Houston Texas and just enjoying the day. Continue reading “August 2020 Financial Update” →

July 2020 Financial Update

Published on by RV-on-FIRE.comLeave a comment

I don’t know about you, but I am glad July is over. It was one of those months where everything seemed to happen at the same time which always equates to EXPENSIVE.

Of course July 15th was the new COVID-19 tax day which was already bad enough. We added to the pain by paying California registration for our RV AND Jeep, buying clothes and supplies for our son and prepaying for the campsites for our road trip. To top it off we decided to book a return flight home for him for the winter break since prices are way down. We got an amazing deal on a cross country flight for under $200! I guess that’s one positive out of this whole ordeal. But we certainly busted the budget in July. Continue reading “July 2020 Financial Update” →

June 2020 Financial Update

Published on by RV-on-FIRE.com3 Comments

We are only half way through 2020 but it feels like it’s been a decade packed into six months. The ups and downs of the first half of this year have been scary, unprecedented, opportunistic, disappointing and in some instances just flat out crazy.

A year that was supposed to be filled with excitement, anticipation and special once in a lifetime moments has instead become one of uncertainty, frustration and disappointment. Instead of mapping out and reserving spots for our new full time rv life we have had to cancel all of our plans and take a wait and see approach. Instead of our son experiencing senior prom, varsity baseball, graduation and a job he loves he stays home playing games online while preparing for his first semester in college. This is not what we envisioned life would be like heading into the second half of this year. Continue reading “June 2020 Financial Update” →

Life On Hold

Published on by RV-on-FIRE.com8 Comments

Well, this sucks to write. Our plans to go full time in our RV starting in November are officially postponed until further notice. To say we are disappointed is an understatement. Add this to the Motley Crue, Def Leppard & Poison concert that’s also “postponed”. In two weeks we have had two thirds of our plans for Summer and Fall wiped out. Thank you Coronavirus, I hope you die!

Our plans to go full time were contingent on the college our son is attending moving forward with normal operations and class attendance. All communication sent out to students and families indicated that they were planning to do just that and an official decision would be released in mid-June. Continue reading “Life On Hold” →

May 2020 Financial Update

Published on by RV-on-FIRE.com1 Comment

Hello there! Yes, it’s been awhile.

There are good problems to have in life. One of those good problems when you are the owner operator of a business is too much work. Now when I say too much it really means enough that you are consistently busy and are not sitting around hoping for something to do. This is where I currently find myself and I can’t complain. The only downside is that this blog is suffering from neglect.

May was a record month for our little business and we couldn’t be happier. We are fortunate to be in an industry that continued through the pandemic and as long as interest rates stay low we should continue to be busy. Financially I’m not making the same money I did in the corporate world but I also do not have the negativity that comes with that life. There is no boss to report to, no deadlines that have to be made and no office politics or fear of losing my job. Because of this there are also no sleeplessness nights or anxiety. To me the trade off is well worth it. Continue reading “May 2020 Financial Update” →

April 2020 Financial Update

Published on by RV-on-FIRE.com6 Comments

Another month in the books and one month closer to full time RV life. In our last blog we talked about how we are sticking to the plan and not wavering despite the uncertainty in the world.

After taking a step back and reevaluating the situation and seeing the big picture it’s clear nothing for us has really changed through all of this. Sure the markets dropped and our savings is a little lighter, but that’s what markets do. If it wasn’t coronavirus now it would have been something else later. We have already been down this road before.

Speaking of those markets, how about that rebound? (Rant Alert 🚨) As an avid viewer of financial channels and stock market news one of the things that always annoys me are the wishy washy pundits. Now, I’m no expert. I don’t get paid to be one nor do I get paid to give my opinion, but these people do. And what I have seen are people who’s opinions change with the wind. It begs the question, are they all afraid to be wrong and risk a credibility hit rather than actually give an opinion right or wrong, good or bad? Or are they playing the game and talking moves up or down on TV while doing the exact opposite with their portfolios? Continue reading “April 2020 Financial Update” →