The Power of the “F-U Fund”

Mr. SFF calls it the “Go To Hell Fund” but I call it the “F-U Fund”.  But whatever name you use, it is basically the sum of money you have saved that gives you the power to just quit your job at any point, usually when you get fed up with one thing or another, without having to stress about buying groceries or paying your mortgage.  FI is pretty much a giant F-U fund as it means you don’t ever have to find another job but the F-U Fund often starts with having just enough money to give you the power to quit your job at any moment and survive without rushing into another horrible or unsatisfying job.   Continue reading “The Power of the “F-U Fund””

2016 Savings Review

I will admit that I get excited about this post and, and more specifically the data it contains, every year.  This is the one time where I really get to look at all of our information, jointly as a couple, rather than just my income and savings.  As Mr. SFF and I keep separate checking accounts and credit cards so I don’t see the whole picture until I make him sit down and give me all of his data.   I try to get an update mid-year just to see now we are tracking but it is year end numbers that I like to see.  Yes, I know how much he has saved as he moves money periodically to the joint checking and then I move the money to our investment accounts, but I don’t how much he has made and if this is a large percentage of his take home income or not.  Since all of our benefits and 401(k) savings comes out of my paycheck Mr. SFF’s savings makes the biggest impact on our overall savings goal. Continue reading “2016 Savings Review”

My Clothing Ban Update

Towards the beginning of the year I decided to set a goal of not spending any money on clothing.  I didn’t set this goal on the first of the year so I did spend a whopping $3.49 on a new skirt in January but after that purchase I vowed not to purchase anything else.  I didn’t actual post about the goal until the middle of the year but I had the goal in my head.

Now to be clear, I have never been a huge spender on clothing but it can be surprising how one little purchase here and there can add up which is why I set the goal.  Plus, I have enough clothes so this goal has really shown me the true different between a “want” and a “need”.

There were times this year that I did want something new, including the last day of the year.   Continue reading “My Clothing Ban Update”