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Tag: early retirement

If I Had A Million Dollars…

If I Had A Million Dollars…

We have had two windfalls in our lives. The first was when Ms. Blue Ribbon’s grandmother passed away. The money we inherited was used to pay off some new windows on our house (naturally, we financed them). It wasn’t much and wasn’t expected but I feel like we used the money wisely. The second windfall we received was $20k from a family friend who had passed away. This was considerably more and we took our time figuring out exactly what…

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2018 Goals, Not Resolutions

2018 Goals, Not Resolutions

New Year’s Resolutions are great in theory. Who doesn’t want to lose 10 pounds or quit (insert annoying habit here)? The problem comes with sticking to these resolutions which is why I don’t believe in them at all. I’d much rather have solid goals throughout the year with clear points to achieve them by and specific measurable ways to validate if I completed them or not (also doesn’t help to have a website that I list them on and have…

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2017 Q4 Net Worth Update

2017 Q4 Net Worth Update

What a long strange trip it has been. 2017 seemed to just fly by (a true sign I’m getting older). 2017 brought many things in our household. A new baby, a new side project (this site), plenty of goals, and major financial milestones. If you want to read more about them take a look at Quarter 2 and Quarter 3 updates. Otherwise, let me tell you about this last quarter. October Quite a busy month. We blew through a lot of our…

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Remembering The Important Things

Remembering The Important Things

There are a lot of things in this life I’ve wanted to do and things I have yet to do. I have studied abroad in England and traveled to many countries. I graduated from college with a degree in Software Engineering and spend 8 hours a day typing complete jibberish that makes a little box do awesome things. There are things I still want to do like travel to more countries and own rental properties. During one of our purges…

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Woah, We’re Quarter Way There

Woah, We’re Quarter Way There

Woot! It seems like this day would never come. We are officially a quarter of a millionaires! Yes, I know we have a long way to go but it is still pretty exciting. Our assets minus liabilities, for now, are worth about $250k. I wanted to take this milestone to join the ranks of the J Money’s Million Dollar Club. Over at Budgets are Sexy, J. started the Million Dollar Club in order to push himself and others to that…

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Thoughts During My Paternity Leave

Thoughts During My Paternity Leave

Heads up! Baby 2 is officially going to be known as Babe (Like Babe the Blue Ox) I thought I would take a minute and talk about my experiences as a stay-at-home-dad for the last 8 weeks. I don’t blame you for zoning out or skipping this altogether but it could come in handy in the future. To start off I do have an advantage over my wife’s maternity leave in that…the kiddo was 13 weeks old when I took…

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The Three Levels Of Goals

The Three Levels Of Goals

I have talked about early retirement and why I want it and what is my motivation. Those things are important but don’t mean much without a plan. Yearly goals keep you motivated during the year but they are a small sliver on the timescale. Let me tell you about my three levels of goals. The Bucket List Shortly after Ms. Blue Ribbon and I got out of debt I started thinking about the long term. We have the house and kids…

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Should We Sell Our Home?

Should We Sell Our Home?

I’ve mentioned from time to time that we have done a lot of the things to speed up FIRE. Get rid of/avoid debt, have a plan to add more to retirement accounts, and trying to be more frugal. There are things we could still do like get a side hustle, get a higher paying job, and sell our house. Problem is I haven’t found a good side hustle I would excel at and be able to fit in during my…

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My FIRE Prowess Score

My FIRE Prowess Score

If you are like many in the personal finance community, you have more spreadsheets than you own shoes. We generally love our data sets and projections. I have one spreadsheet that lets me have all of my mortgage payments recalculate to see how different payment strategies would affect the final payoff date. A lot of us also love to track and make public our net worth. We do this to keep ourselves accountable for what we write and be on…

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Escaping The American Trap

Escaping The American Trap

When Ms. Blue Ribbon and I were married we quickly fell into the American Dream Trap. We got our mortgage, new (financed) car, and extra loan (because we could). Everything was just as it was supposed to be. We were even starting to spend more a month than we were taking in. Having a Why That’s when it happened, our turning point. Ms. Blue Ribbon and I had a baby, Mini Donut. This was our catalyst. I kept trying to make…

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