Unsustainable growth in numbers fueled by temporary increases in investments What happened this last month? I changed positions this last month, which will help fuel the numbers in a positive direction over the long run. However, due to a one-time sign-on bonus, our contribution rates for the month are artificially high. This means there is…
Category: Retirement
FIRE Month Savings Progress Report for June 2022
Suns out, numbers are down, and expenses are up What happened this last month? If last month was all positive, this month went the opposite direction. We didn’t have a major influx to invest this month that helps to cushion the numbers either. Summer activities have started which means some summer expenses around them. Summer…
FIRE Month Savings Progress Report for May 2022
A unicorn of months What happened this last month? The grass is green and so our all the tracked numbers. Even though the markets in May were steady, we came into a sum of money that helped boost the overall numbers. We also decided to do some things with the extra funds because our expenses…
FIRE Month Savings Progress Report for April 2022
Better late than never What happened this last month? The markets were down a lot in April, which negatively affected a lot of our numbers, except for the “number of times our annual expenses we’ll have when we reach our goal number”. That’s mainly due to the fact that our expenses from doing the kitchen…
FIRE Month Savings Progress Report for March 2022
Beware the Ides of March… or not What happened this last month? Overall, March was a great month. The markets have improved from where they were the month prior and we continue to put away a significant amount of money each month. Last year, we had decided to go to Universal Studios Orlando, which bumped…
FIRE Month Savings Progress Report for February 2022
The month for lovers, but not the market What happened this last month? February is always a lower expense month. Part of that is likely due to the fact that there are fewer days than other months and part of that is because it’s winter and nothing really going on to spend money on. The…
FIRE Month Savings Progress Report for January 2022
Happy New Year! What happened this last month? The markets were down quite a bit at the end of January. That creates a great opportunity to buy and have significant future growth. Unfortunately, it also means that almost every one of our numbers was down for the month, with the exception of our average amount…
FIRE Month Savings Progress Report for December 2021
Merry Christmas! It was a great end to the year as far as finances are concerned. Our expenses this year were slightly higher than last year. We got one final invoice for kitchen electrical work. We also redid the our back closet, which was desperately needed. We shouldn’t have any other major remodeling expenses going…
FIRE Month Savings Progress Report for November 2021
The Holiday Season Begins! Our numbers are relatively flat this month. Since we purchased a vehicle last year at this time, we used this month to do some other larger purchases since our monthly expenses would still drop. For example, we decided to replace some furniture in our family room that had been given to…
FIRE Month Savings Progress Report for October 2021
Month 5 of the Kitchen Remodel We’re finally in the final stages of the kitchen remodel. I think I can safely say that next month will not be Month 6 since it’s just touch up work to be done and little bit of trim. Definitely nothing that interferes with our being able to use and…