Two weeks ago, I turned thirty seven. It’s a weird feeling, getting old. I don’t feel old. I feel like the same person, minus a little softness around the tummy and a hairline that isn’t quite where I left it.
And yet here I am, older, supposedly an adult; not some kid trapped in a man’s life, still playing kickball and board games and drinking too many beers on a school night.
As each year comes, we hit another milestone on our path to financial independence. We’ve only got three mile markers left before the big four-o. Will we make it?
Let’s see what the Mad Fientist’s laboratory says.
The Mad Fientist thinks we’ll be done by forty.
Our spending, the green line, has been way more volatile since our last annual check in. The two outlier months were December 2016 and March 2017. December obviously had some Christmas spending, but it also coincided with our Asia trip as well as paying for the Kuku van we camped in on our trip around Iceland. If travel hacking is supposed to be free, I think we’re doing it wrong.
And the increased spending in March is almost all due to the costs associated with buying a new home. There were the somewhat unavoidable expenses like a home inspection, appraisal, and fees to the lender. But we also bought a home that didn’t have a refrigerator, washer, or dryer, adding a few thousand dollars to the new home budget. Maybe Kristy and Bryce over at Millennial Revolution have it right: maybe we’d be better off just renting.
With the bumps, we’re trending towards an annual spend of $46,000, which would be a fairly big jump over the prior year. But with our new mortgage and the possibility of kids in the future,