Whew, the first half of 2022 is over. It’s been a tough year for investors. The stock market is officially in a bear market and a recession is looming. Along with the stock market, our net worth decreased by the largest dollar amount ever (15%). However, our passive income is …
Hey, everyone. Did you have a good month? May was uneventful for us. Life just went on as usual. Now, we are just waiting for RB40Jr to finish school. Once he’s done, we’ll go on a long summer vacation. On the personal finance side, May was an anomaly. We spent …
A while back, I got an email from a reader who wanted to know how I’d invest if I recently graduated from college. This is an interesting question. On one hand, we are doing pretty well financially so that means I did a lot of things right. However, I also …
Hey, everyone! We’re in the midst of our road trip. Unfortunately, I didn’t write anything ahead so I’ll just post once per week about our travels. We decided to drive on this trip because the flight tickets were quite expensive. We also heard about all the domestic flight problems and …
Happy Independence Day! Did you have a good month? June was a fun month for us. RB40Jr finished school and we went on a road trip to see friends and families. This road trip was put off twice due to Covid so we were all looking forward to it. We …
Whew! I finished our taxes and sent them in on time. Unfortunately, we owed the government over $3,000 because I didn’t pay enough estimated taxes. I also contributed $5,000 to my i401k for 2021. That reduced our tax liability a bit. Unfortunately, these big payments reduced our cash savings to …
Last week, I wrote a pessimistic post about the future – Are You Prepared for Cold War 2? I spent so much time talking about how things are worsening that I didn’t have time to talk about the investing part of it. Today, I’ll share how we can prosper in …
I originally wrote this post in 2014. We were doing well financially then, but we are much more comfortable now. Did I change over the last 8 years? Am I still frugal and what do I splurge on these days? Today, I’ll give you an update. Frugal lifestyle All right, …
Wow, what a great 40th birthday cake! Yes, I know the title of the blog is Retire By 40. However, many of our readers are in their 40s and 50s and they are planning to retire soon. You don’t have to be under 40 to read this blog. Maybe I …
