Browsed by
Tag: debt

Dear Kids

Dear Kids

Dear Mini Donut and Babe, I’m not sure what to tell you at this point in our lives. We are all pretty new to this whole father/son thing especially after Babe came around and the dynamic changed a little bit. All I can do is tell you what I’ve determined so far. All The Stuff You guys come with a lot of crap. No offense but when it was just your mom and I we could leave the house within…

Read More Read More

Our Walk With Cash Budgeting

Our Walk With Cash Budgeting

When Ms. Blue Ribbon and I started on the path to being debt free the one thing I can know for sure that helped speed it along was using a cash budget. We didn’t use cash for everything, just the four major troubled spots in our budget: Groceries, Gas/Fuel, Eating Out, and Miscellaneous Items. Everything else was recurring/fixed expenses like utilities or insurance. Like many, eating out was a massive drain on our budget. We love eating out but I’ve…

Read More Read More

Where To Spend Tax Returns

Where To Spend Tax Returns

As we impatiently wait until we can get our taxes done and then super crazy impatiently wait for the tax return to be deposited in our bank account I thought it may be interesting to go back and review how we have spent our tax returns. Tax Year 2014 Rebate: I remember being scared to file this tax return. Our tax guy is in Wisconsin and when your wife is 9 months pregnant you get a little nervous driving anywhere…

Read More Read More

The Weight Of Debt

The Weight Of Debt

Sometimes when I think about the past I feel like I am remembering a different person doing the actions I did. I say that because we are all constantly changing who we are and what we believe. A Father’s Journey Two years ago a father held his 7-month-old son tightly in his arms and swayed back and forth trying to get the small child to sleep. As he swayed the father couldn’t help but let his mind drift off to…

Read More Read More

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…

Read More Read More

The Missing Paycheck And A New-Found Love For The Emergency Fund

The Missing Paycheck And A New-Found Love For The Emergency Fund

For over a year leading up to Babe’s birth I meticulously planned how much we were going to need in the HSA and the savings account. Nothing was going to prepare me for the Friday of the missing paycheck. Ode to HSA We weren’t sure how much our insurance was going to cover so I made sure we had enough to cover up to our max out of pocket. After filling it up we used all but $400 of the…

Read More Read More

Everyone Wants You To Be In Debt

Everyone Wants You To Be In Debt

This article may contain affiliate links. Read our disclaimer. We have made mistakes in the past, but so has everyone else and it is important to not only learn from your mistakes but from others too (hint hint). It only took buying one car new to realize how stupid it was and not to make that mistake again. This was also before we had gotten our financial act together. We paid the car off early and thought that mistake was…

Read More Read More

Getting To FI With Google’s Project Fi

Getting To FI With Google’s Project Fi

This article may contain affiliate links. Read our disclaimer. Google loves to try new things constantly (something I can more than get on board with). I love when companies try things for the sake of trying even if it fails. This one is far from a failure. I used to be on a family plan with my parents, in order to save money, but Ms. Blue Ribbon and I were getting sick of the family drama that comes with it….

Read More Read More

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…

Read More Read More

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…

Read More Read More