Along the Way

Calculating our Expenses in Retirement

To declare yourself financially independent and go running jubilantly through the streets, you have to hit your target number in investments. How do you come up with your target number? You figure out your annual expenses and You pick a safe withdrawal rate (SWR) that gives you the warm fuzzies […]

BITA family new home

Whither Shall We Wander?

When the BITA family first meandered down the path to financial independence, we came up with a timeline and a rough plan. I’ve reproduced below an excerpt from our plan: “2022: We sell our house, add a nice chunk of change to the stash and move to some yet to […]

experiences versus stuff

Are Experiences the New Avocado Toast?

If you choose to blow your hard earned cash on avocado toasts, soy lattes or monster trucks Australian billionaires will mock you and men with large mustaches are likely to offer to punch you in the face. On the other hand, should you claim to be spending on “experiences”, you […]

shopping list

It’s Time To Make A Shopping List

When you first run into the concept of financial independence, and realization dawns that it is not a pipe dream reserved for trust fund babies, you feel exhilarated. You plan, you dream, you do back-of-the-napkin math or, depending on your proclivities, whip up a fancy spreadsheet or two. Slowly though […]

Why I’m Not In The Poor House

Any long time reader of this blog will know that I came to the Church of Financial Literacy late in life. I was 37 when I finally decided that being a financial idiot was just, well, idiotic. I was a little less than two months shy of my 38th birthday […]

Free is Fabulous (and where to find it)

Last week Toddler BITA’s school had a superhero day. Toddler BITA owns no superhero costumes, but she went dressed as super(wo)man. How? She wore a cape borrowed from someone in our neighborhood. When Toddler BITA turned 3 in April, we gave her a little piano and a ride-on dump truck. […]

The Power of Perspective

“The fact that we live at the bottom of a deep gravity well, on the surface of a gas covered planet going around a nuclear fireball 90 million miles away and think this to be normal is obviously some indication of how skewed our perspective tends to be.” ― Douglas […]

FIRE games

Ten FIRE Games to Pass the Time

When you commit to achieving financial independence, and possibly retiring early, you make a commitment to playing the long game. The journey to FIRE has three phases: The oh-my-god-is-this-real phase of early excitement. The boring middle. The final sprint to the finish line.   Stage one is characterized by near […]

things wont miss corporate life

The Things I Won’t Miss About Corporate Life

I don’t work in the salt mines. Far from it. I do interesting work. I get to solve hard problems. I work with smart people. My company treats me well and pays me handsomely. My wanting to reach financial independence and then quit my 9-5 has less to do with […]

Caution: Side-Effects Ahead

When one first starts down the road to achieving financial independence, the goal seems simple enough. To go from this:   to this: as fast as humanly possible. The prescription is simple: earn as much as one possibly can, spend as frugally as one possibly can, and invest the difference […]