Daring to Dream

I have been doing a lot of dreaming lately.  I know that our goal of reaching FI is closer that I had originally estimated and the side effect is spending more time thinking about what this could actually look like.  Recently I have thought that it would be great to buy a RV and spend some time roaming around the country.  We could spend time traveling around and visiting places we have never been too and even spend some extended periods of time at one location that we found interesting. Continue reading “Daring to Dream”

Monthly Food Analysis

Have you ever had analysis paralysis?  Well after Mr. SFF and I sat down and reviewed our 2015 total expenses we were shocked at how much we spent on food.  At the start of this journey we decided we still wanted to eat well but these numbers were just too high for my liking so we decided to take action.  Starting on Jan 8th we started to track every single food and grocery store purchase. This will help to determine how much of the grocery store totals were for things like toilet paper and cleaning products but also to hopefully help us narrow down the actual problem so we can make changes.  We didn’t really make any conscious efforts to make any changes to our eating habits over the past month but I am sure they unconsciously happened since we were tracking everything.

We collected every receipt and I logged things in a spreadsheet.  I had the numbers break down into three broad categories and then 12 more detailed categories.  Here is what we came up with:

Category Totals Purpose
Food $787.27 Breakfast $98.64
Groceries $85.45 Lunch $74.31
Alcohol $48.93 Dinner $332.14
Snacks $111.12
Ingredients $103.18
Entertaining $31.93
General household $45.21
Cleaning $2.99
Personal care $16.26
Rental Properties $20.99
Alcohol $40.94
Beverages $43.94

Continue reading “Monthly Food Analysis”

Are You Playing Offense or Defense with Your Finances?

The way to win a any game is to have a good combination of both offensive and defensive plays.  If your quarterback can’t make a single successful pass then it doesn’t matter how good your linebackers are at intercepting passes or tackling running backs.  Or if the quarterback is the best on the league but the defense gets trampled every time the ball changes over then you have only a slim chance of winning.  The best teams out there have a really good balance of both offensive and defensive players. Continue reading “Are You Playing Offense or Defense with Your Finances?”

“Look at How Much We Saved”

I just shake my head when I hear stories about how much someone saved at a huge sale they went to.  They hit a 40% off sale, then had an additional coupon on top of that and “wow, look, I saved $95!”  Yes, but how much did you spend in order to save that $95?  You would have had 100% savings if you didn’t go to the store in the first place.

There is a Lowe’s commercial out right now that perfectly fits this scenario.   Continue reading ““Look at How Much We Saved””