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RetiredBy40
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Hi JimL, I would love to say that we eat really frugally, but I don't feel like we are deprived at all! I coupon a bit for household supplies, and for the rest our secret is ALDI. I save nearly 60% over Walmart even, without even trying. I can't wait to dump the car payment - as soon as we pay off the personal loan - but unfortunately the ATV stays. marriage=compromise....amiright?
Toggle Commented Mar 28, 2014 on Reader Profile: GL at Free Money Finance
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Hi Limey Junior, Check out my site here http://www.retiredby40blog.com/ I made an unfortunate choice when picking my blog name...lol.
Toggle Commented Mar 28, 2014 on Reader Profile: GL at Free Money Finance
1 reply
Hi Sarah, You are so right! Rental income is definitely NOT passive, but I consider it more passive than, say, blog income. Renting is hard work, but I am hoping to hire a property manager to at least help with a little of the day-to-day management.
Toggle Commented Mar 28, 2014 on Reader Profile: GL at Free Money Finance
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Hi Steve, Can't wait to dump the car payments! They are the worst thing we have going right now!
Toggle Commented Mar 28, 2014 on Reader Profile: GL at Free Money Finance
1 reply
Hi #7 - you are absolutely right, that car payment takes up 18% of my monthly take-home income and is the single largest thorn in my financial side right now. Freaking hate it! The hope is that once we pay off the personal loan, we will throw everything we have into paying off the SUV and sell it once we are out from underwater....unfortunately the ATV stays....that is the husbands thing, he loves it, and quite frankly, he will spend more than $250 on hobbies each month if he doesn't have it....marriage is about compromise, right?
Toggle Commented Mar 28, 2014 on Reader Profile: GL at Free Money Finance
1 reply
Hi Old Limey! I agree with you, I love going to work! In all reality, I will probably never stop working because I love what I do, like you. My goal of retiring by 40 is more of a financial independence goal point. I want to have options, to be able to walk away from a job I don't like, I want my husband - whose body is failing him to be able to quit working a pursue other things as well. I have to admit, your retirement (later than 40) sounds quite wonderful!
Toggle Commented Mar 28, 2014 on Reader Profile: GL at Free Money Finance
1 reply
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Mar 28, 2014