Eat The Financial Elephant
Working toward financial independence while building our dream life - "one bite at a time".
March Update//Trusting Your Process
Our assets as a multiple of our annual spending have reached their all-time high at 18.7X, up from 17.9X last month. This 18.7 number is actually artificially low as we’ll show below. Breaking Down The Numbers On the assets side, there was not much change. Our portfolio was up by .82% over the past month, […]
From 6-Figure Debt To Financial Independence In Less Than 5 Years
Today I am bringing you a guest post courtesy of Jared Casazza, who writes the blog “Fifth Wheel Physical Therapist“. He is a just starting his career as a PT while working to rapidly achieve financial independence. He recently reached out to me due to our shared career and interest in FIRE. We quickly hit […]
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 […]
Eat The Financial Elephant
- I Wrote a Book! April 22, 2019
- “Dirtbag Millionaires” April 19, 2019
- The First Month Of Early Retirement December 31, 2017
- Where Do I Go From Here?// Starting a New Chapter In Early Retirement November 13, 2017
- October Update// Entering The Home Stretch! November 3, 2017
- Our Plan for Health Insurance in Early Retirement October 16, 2017