This is another post in my series – “List of Items I Don’t Spend Money on That You Probably Do That Are Draining Your Net Worth!” I really need to find a better name for this series. Today’s post looks at cell phone plans. You may want to consider switching to Google’s new Project Fi. Let me say first… Read More »
Thepowerofthrift.com has been in existence for more than three years now and, in that time, several readers have asked me to post the spreadsheets that I use to generate my financial independence charts. So without further ado, here is a list of reasons why I haven’t posted it yet. Reasons I Neglected to Post My Spreadsheets to My Blog Earlier… Read More »
Why would I spend my time learning about HSAs? It’s certainly not something I thought about in any detail prior to a couple of weeks ago. But, you may remember my last harrowing article on insurance. Well, my new health insurance plan sent me a flyer in the mail reminding me that my health plan includes… Read More »
This may surprise you, but I really dislike budgets. The word budget, to me, reeks of deprivation and drudgery. I know that some people can benefit from tracking how they spend every single penny, but I could never get myself to do it. I prefer an overall money management strategy and not a specific budget. Spend less than you… Read More »
My single greatest fear when I waded into early retirement was what I would do about health insurance. I want to consider myself a generally healthy person. Except for my “horrifyingly low” levels of Vitamin D, my yearly physicals turn up nothing worrisome. I easily walk 4 kilometers a day just to get to and from… Read More »
I realized recently that I hate this blog. I see “Write a blog post” on my to-do list and I just feel annoyed. Part of the annoyance stems from my hypocrisy. The last few months I have certainly not been practicing what I am preaching. I started a project I call “Operation Enjoy the Crap… Read More »
I’m updating my visual aid for my goal of financial independence. I plot my monthly expenses against my theoretical passive income. As soon as my average monthly expenses are less than my projected passive income, I could theoretically live off my savings. I started this website so I could point to something when people question… Read More »
I’m updating my visual aid for the month of February 2015 for my goal of financial independence. Here is where I stood at the end of January 2015. February 2015 was a healthy month for the charts. The market was up and my net worth increased more than $35,000. My expenses were down from last month,… Read More »
One of the things that I’m worried about when I retire is my tendency towards laziness. I’m still updating my charts, but typing out a blog post always seems to get pushed off my to-do list. In my free time, the last place I want to be is in front of a computer typing. But,… Read More »
I’m updating my charts for my goal of financial independence. Here is where I stood at the end of October 2014. November was a healthy month for my financial avatar overall. My expenses were high because I scratched my friend’s car to the tune of A$600 (USD$510). Driving on the “wrong” side of the road was… Read More »