Blog Posts

A Tale of Three Lounges

You haven’t heard from me in a while because the BITA family was on vacation. We were in Lisbon, Amsterdam and Split for nearly three glorious weeks. Becoming a productive member of the workforce again has been tough and I can barely wait for the day when the end of […]

The ESPP Bible – Part 3

In the first two parts of this series we have seen both the best of ESPPs (an ROI and risk profile that you would be hard pressed to beat), and the worst (the dark underbelly of ESPP taxation). In part 3 of the ESPP Bible we are going to cover […]

ESPP taxation qualifying vs. disqualifying

The ESPP Bible – Part 2

In part 1 of the ESPP Bible we learned why ESPPs are such stellar investments, and why you should fall over yourself in your hurry to sign up for the plan should you be lucky enough to have access to one. Today, we will examine the dark underbelly of ESPPs […]

financial independence progress aug 2017

On the path to financial independence: August 2017

2017 has started to accelerate at a pace that is leaving me breathless. It feels like just yesterday I was standing before you, giving you the lowdown on July. Between now and the end of the year we have a holiday in Europe, a trip to Napa Valley with friends, […]

The ESPP Bible – Part 1

It will come as no surprise to regular readers of the monthly updates that I publish that a goodly chunk of BITA household income comes in the form of company stock grants from our employers. Mr. BITA’s company gives him Restricted Stock Units (RSUs), my company also gives me RSUs […]

sporadic expenses

Budgeting For Sporadic Stuff

If you are trudging along determinedly towards financial independence, and possible early retirement, it is safe to say that you have a target number in mind. It is also a pretty safe bet that you came up with that target number by calculating your annual expenses and then multiplying that […]

Befriend An Immigrant; Your Wallet will Thank You

I am a first generation immigrant to the U.S. I moved here from India when I was closing in on my 30th birthday. Immigration, even the cushy kind that I was lucky enough to experience, is hard. More than once in those early days I was overwhelmed with homesickness. I […]

An Update On Our Churning Portfolio

Churn (verb): agitate or turn (milk or cream) in a machine in order to produce butter. procure credit cards and bank accounts for the express purpose of acquiring points and miles.   In August of 2016 I started down the rabbit hole of credit card churning. As we round the […]

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 […]