Hello devoted readers! Welcome to the not-so-weekly FIRE report. As you can see, I’ve been slacking majorly on the blogging during “No Internet Month 2019″*. And yes I’ve cheated a few times. But overall I’m totally loving it!
*There are exceptions, it’s a long-ish list. If you really want to know what they are, please make comment below.
Over the past few weeks, I’ve done the following FIRE-Y activities:
- Sold $23 worth of items. Whoopie!
- Put an extra payment of $1500 on my RRSP loan. I was able to do this as a result of a larger-than-expected income tax return. I *may* beat my goal of June 2020 to pay off all outstanding debt (other than the mortgage).
- Met with Hubs to go over the budget and our new Wish Farm and Wish List. Basically this is where you get your wish list written as a family, then choose the 3 most important items at the moment to move into the “Wish Farm”. I chose to use a system whereby each item has a category based on cost (small, medium, or large). The wish farm contains one of each size. When you have extra money at the end of each month, you “water” your wish farm by adding $$ to the categories until they are full! Here’s my current farm situation (screenshot from YNAB):
Please note that all categories have zero dollars budgeted to them, but I’m hoping to start funding them by next payday.
That’s about it. Not super-productive in terms of advancing my path to FIRE, but at least there’s small movement.
FIRE-Y Things I want to get done over the next week:
- Post some additional items for sale. KonMari ho!
- One tweak a week – finish creating my estate plan. It’s almost done; we just have to decide on a guardian for our sweet wild child, M.
- Read a few more chapters of “The Millionaire Next Door”
- Meal prep the s&*t out of the week. I’ve started a 10 lb challenge. Lose 10 lbs in 10 weeks. I’m determined to get ‘er done. It means lots of healthy meal prep, which has the pleasant byproduct of saving $$ by reducing the need to eat out.
That’s about it for now. Best of luck to all of you in your efforts to improve your financial situation. T out!