We’re in the middle and it’s boring


I’ll start by acknowledging that this might get an eye-roll or be categorized as a “first world problem”, or just a “FI/RE pursuit” problem. In other words, a good problem and one I’m happy to have. The purpose of this post is to remind ourselves of how far we have come and how to enjoy the remainder of the FI/RE journey.

We haven’t traveled this path before. The end-point is unknown. The timing is inexact. There will be pitfalls. There will be successes. We have a hazy view of the future with some idea of the types of experiences we want along the way.

Way off in the distance, barely breaking the horizon, is the glow of early retirement. We know it’s real, we’ve heard about it from those who have seen it. There are marvelous stories of how one can choose work as if it pays zero, or actually zero. Carefully sipping money from a source that will never run dry.

Which one is the ‘FU money’ goal?

Over the past three years, we’ve cut over-consumption, saved an emergency fund, purchased a home with 20% down within reasonable commuting distance of our jobs, paid-off student loans, replaced a money-pit vehicle, optimized our income tax strategy, found a low-fee index fund, and started to pay off the mortgage early. Continue reading “We’re in the middle and it’s boring”


Introducing the Thriftyskates

My husband and I are relatively frugal. Some have even accused us of being cheapskates due to our frugal ways. However, we like to think of ourselves as “thrifty” instead of “cheap”, so for purposes of this blog we’ll call ourselves the Thriftyskates. We are working professionals in our early 30s living in a high cost-of-living area in California.

Back when we started dating, we were both trying to improve our finances after making some minor financial missteps in our 20s. As we moved in together, got married, and combined our finances we became more and more serious about optimizing our savings and investments. Eighteen months ago, Mr. Thriftyskate made a spreadsheet to calculate how much we would need to retire and showed me that we could retire in about 15 years if we continued living in our current home or 10 years if we moved to a lower cost-of-living area. Based on this realization, we started to develop our plan for achieving financial independence. The birth of our daughter, Miniskate, in July 2015 motivated us to get even more serious about our financial goals.

Abandoning the assumption that we need to work until age 65 and questioning the conventional trappings of success has been incredibly freeing. In this blog we plan to share our own financial journey and hopefully provide inspiration for others interested in following a similar path. We will track our spending and investment performance, share our strategies for saving money, and discuss whatever else seems relevant and interesting. Welcome!