June was a big month in the Chicos household. We just wrapped up our first month of Airbnb and were able to save over $7,630! Not too shabby 🙂 We are also just $1,000 away from a Southwest Companion Pass - very excited to put that to use. Once we get it we'll write another … Continue reading June 2017 Meeting
I visited family a couple weeks ago to celebrate my little brother's high school graduation. While there I had a wonderful conversation with my 20 year old sister. Ever since I found the FIRE community/lifestyle, I've wanted to talk to her about it and share some of the things I've learned. My sister and I … Continue reading What I wish I had known at age 20
This has been an exciting month for us - we are getting tighter on our expenses and looking for ways we can generate more income like picking up random babysitting jobs. This month I made about $350 babysitting just 3 times which we put toward Betterment. We are also exploring travel hacking through travel rewards … Continue reading May 2017 Meeting
Happy Memorial Day weekend! Memorial Day feels like the unofficial kick-off to Summer and while the weather in Chicago still feels more Fall-like, Chico and I are looking forward to the warm months ahead. To get ready, we've written a list of things we hope to accomplish this summer - both fun activities and financial … Continue reading Summer Bucket List + Goals
A Facebook friend posted an interesting Huffington Post article (now 3 years old) about a guy who, after reading Will Bowen's, "A Complaint Free World" went 21 days without complaining. The article says, "word choice determines thought choice, which determines emotions and actions." This quote and the challenge resonated with me, especially while reading it … Continue reading 21 Days without Complaining
Back again with our monthly meeting recap. As you've maybe read, we've made a major change since last month. Instead of piling our money into paying back our mortgage - we are putting all extra money toward our index fund. We've also gotten a little more aggressive with our savings - looking for any place … Continue reading April 2017 Meeting
As previously mentioned - Chico and I aren't the most patient people. And when you're working toward a goal that's 4 years in the future you need extra motivation. We find great motivation watching movies, reading blogs, listening to podcasts, reading books and watching documentaries or YouTube videos - pretty much any form of content … Continue reading Finding Motivation
If there is one thing Chico and I don't have, it's patience. We've really been working on it over the years but we would be agree we have a tendency to be impulsive. You really can't be impulsive when you're on the journey to financial independence because the way you spend your money greatly impacts … Continue reading The Struggle is Real.
For the last year and a half we've been aggressively paying down our mortgage principal. Paying off a house felt like a great goal to work toward but it also felt safe. We've questioned our decision almost monthly, wondering if our money would better serve us in the stock market. So, after a year of … Continue reading Welp. We changed our minds.
Getting to this point has taken years of mistake making. During this time, we've developed a philosophy and strategy for how we manage our finances and life. Neither of us really know what we are doing so this is a lot of trial, error and optimization. Our Philosophy: Money = Freedom. Many people save money to … Continue reading Our Philosophy and Strategy