Our Kid Doesn’t Cost That Much (So Far…)

Our Kid Doesn't Cost That Much (So Far…)

We all know kids aren’t cheap. If you’re not financially secure, a baby can wreck havoc on your budget. That’s one of the reasons why we waited to have a kid until we were in our late 30s. I’m sure you have seen the ridiculous amounts the USDA estimated a kid will cost. You can use the estimator at CNN Money (based on USDA’s 2012 estimates.) It shows we’ll spend $255,237 raising our kid until he’s 18 years old. That’s not even including college, so it’s a bit scary. Actually, I wrote about this topic two years ago, but now […]

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Why our monthly bills seem so low…

Why our monthly bills seem so low…

I just published our March cash flow report and many comments asked me to expand it a bit more. Why are our monthly bills so low? I’ll try to explain it today. How you keep your grocery bill so low? We spent $364 (+ $40) on groceries last month. Is this low for 2 adults and a small child? This is quite a bit more than what we spent when we didn’t have a kid. Five years ago, we spent less than $200/month on groceries. Now with a young child, we are trying to eat more organic food so the […]

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Can Procrastination Save Money?

Can Procrastination Save Money?

Procrastination is usually not a good thing. If you delay paying your credit card bill, then you will be hit with a late fee. Many people procrastinate when it comes to retirement saving and they are hurting themselves in the long run. However, there is one case where procrastination is good for your finance. When it comes to buying stuff, procrastination can be your best friend. As long time readers may know, I get a frugal fatigue attack about once a year in the summer time. This is the overwhelming feeling to buy stuff because you have been frugal for […]

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Retirement Investing 101: Track Your Expense

Retirement Investing 101: Track Your Expense

One of these days, I’d like to put together an early retirement guide, but I just don’t have time to write the whole thing at once. I’ll just have to write it a piece at a time and then put it together later. Our kid just takes up so much time. I don’t know how my mom did it with 3 boys. Let’s take a step back and start at the beginning. The first step to retirement investing is actually quite simple, but it can be a lot of work if you haven’t done it before. It’s essential to track […]

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