Let's Money That!

 As we are all quarantining during a twilight zone pandemic, having to remain inside due to smoke haze darkening our skies and lungs, teaching our own children at home during virtual school (or not for some areas) and quarreling about how is the best way to move forward during this unique time, most of us are wondering how our financials will stand up to the immediate and next few years of economic and social recovery. Twilight zone times indeed! We are so relieved we made the "bad" decision to pay-off our house a couple of years ago. The process began about 7 and a half years ago, when I became pregnant. We set our annual goals, reached for the sky, and paid it off in almost exactly 6 years. And, we now sit in our dream home, knowing we will not have to pay another mortgage or rent payment, ever. The security and peace of mind this brings is priceless. Times like these are exactly why we did it. Since the Great Recession, after the recovery, it seemed we all became accustome...

 We married in 2012. I believe our current financial status is partially a result of the timing of our engagement and marriage. The housing market had bottomed out in the Bay Area and the timing was such that as we bought, we rode the wave of appreciation for the last eight years. The same happened with the stock market. However, intentionality, goal-setting and monitoring our expenses played a crucial part in growing our wealth and using the bull markets to our advantage. This blog is to share our experiences and to give insight into strategies that have worked for us. We have not hit our absolute FI Number in liquid investable assets yet, for the standard of living we would like to have, but we are well on our way. This blog explores where we've been and will explore and analyze strategies to continue to the finish line.  The commencement of our intentionality is when the wealth really began to grow. As we witnessed this by tracking our expenses and net worth, we realized wh...