Category: Lifestyle

February Update//Movin’ On Up and Random Shout Outs

Well that graph is finally looking better. Our numbers were buoyed by a combination of a big spending reduction as compared to last February and a continued run on stocks sending our asset values on a continued upward trajectory. Last month our assets increased by 3.45%. Simultaneously, our annual expenses dropped by 4.3%. Add it […]

I Quit My Job Today!//This Whole F.I.R.E. Thing is Real

On May 1, 2014 I took a deep breath and hit the publish button. Eat the Financial Elephant was born. My first post was titled: I’M not QUITTING MY JOB TODAY! Today, February 28, 2017 I can finally say that this blog is more than a thought exercise. More than a series of hypothetical situations, […]

Don’t Be A Donkey

Financial independence/early retirement (FIRE) blogs can be summed up with a few simple directives that nearly everyone repeats: Save a large percentage of your income (preferably at least 50%). Learn to be a DIY investor. Invest in index funds, or dividend focused stocks, or real estate, or all of them. Minimize your taxes. Consider yourself […]

Are We Financially Independent?//Breaking Down the Budget

In our last post, we shared that our annual spending was up approximately $10,000 compared to the previous year. We are pretty anti-budget, and we appreciate having the ability to be flexible with our spending. However, we are even more anti-being ignorant of important stuff. I think knowing where our cash is flowing qualifies. Our […]

Money Isn’t Everything!

 In our November progress update, I briefly mentioned that we made a sizable spur of the moment charitable donation. We were trying to limit our spending for the month, but thought this was a perfect opportunity to give money to a cause we couldn’t pass up. I want to share a bit more about our […]

Lessons From The Train Wreck

The dominant topic in the news is the extremely divisive presidential election. Each of the major party candidates is deeply flawed and wildly unpopular for reasons we have all heard way too many times. So instead of rehashing things that could be read a million other places around the internet, I would like to employ […]

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