It’s been 7 years since my little girl arrived into this world. Since that day, I have wanted to provide her with the very best life I could afford, while also making sure she had a secure future. I suppose that is what all parents wish for their children – a life better than the one they lived. I found myself a single parent for the better part of her first few years. Because of this, I worked extra hard to make sure she had what I thought she deserved. I didn’t want her to be the child who had to go without just because she didn’t have two parents at home. Hence, the first 7 years of her life went a little something like this.
It’s no secret around here that I LOVE mid-century modern design and decor. Hence, I loved the series, Mad Men, that originally aired on AMC, but is now available in its entirety on Netflix. I figured out the exact reason I love this coveted period in history just recently. My childhood home, a modern-day tiny house, was built and decorated in that era. Read more about that here.
Before we get into the meat and potatoes of this post, I need to clarify that when I refer to Mad Men, I am also referring to Mad WoMen. I love all of our readers and don’t want anyone to feel excluded. It is also worth noting that Mad Men was a fairly racy TV series that pushed some limits. For the purposes of this post, we’ll keep it kinder and gentler. And, here we go…
A new year is upon us and that probably means you’re taking inventory of your life and making some new goals for 2017. Whether you’re deeply in debt or already on the path to financial freedom, there is usually always room for improvement. Mr. MMM and I haven’t always been on the FIRE (financial independence retire early) path. In fact, there were many years that we each spent in debt and blindly floating through life on paths we were not particularly happy to be on. What changed? Lots of stuff. We faced our debts head on, we decided what we truly valued in life and decided to go for it, and then…we met each other! Read more about our frugal 2015 wedding here! So, whether you’re married, single, doing well, or drowning in debt, this post has something for you! Read on for some quick financial wins for the new year. Yes it’s cliché, but I’m going to say it anyway…New year, new financial you!
The best part about being on the road to early retirement is feeling a greater sense of financial freedom with each step. Each retirement contribution, each investment deposit, and each debt repayment is a tiny notch of freedom. Each step in the right financial direction allows us the opportunity to have more freedom with the money we earn. We had the opportunity to help a loved one last week because we have been actively making smart financial decisions. We were able to give a small gift that could’ve saved a life. A loved ones life.
I noticed something this weekend. Even though we are on the road mostly not taken to early retirement, we do not want for anything. At the beginning of the month we sit down to make a map for our money. I use the term, map, because it’s a loosey-goosey budget. We certainly don’t take the Dave Ramsey approach of every dollar, on paper, on purpose-although we think it’s great for the people who can make it work. It’s way too restrictive for us and, inevitably, we can never foresee every little expense that will come our way in any given month (think: a doctor’s visit and medication, ugh). Instead, we choose certain items and events that we want to purchase or attend at the beginning of each month. After allocating cash for our fixed bills and investments, we devote a certain amount of money to be used for entertainment. After that, we analyze Each. And. Every. Purchase. Any leftover Benjamins get shuffled into our taxable investment account in preparation for our next buy-and-hold real estate purchase. Yes! I swear this gets me more excited than buying a new pair of shoes!