Budget September 2015 ~ NY NY

15 thoughts on “Budget September 2015 ~ NY NY”

  1. Excellent work! We’re working on scooting closer and closer towards a savings rate over 50%. Not quite there, but getting closer! And Happy Anniversary!

    1. Thanks Maggie! Every little bit helps. A savings rate of 50% is absolutely awesome and beats the wide majority of other people out there who will be working well into their 60s. It’s an awesome goal! 🙂

  2. What the heck do you two eat? Would like to see a post about your low-carb, wheat free, hippie meals 🙂

    But on a serious note, glad you found a diet that is helping with the health issues.

    1. Hehe, I know it sounds kinda weird based on the article, but we seriously make some of the most delicious meals that you could imagine utilizing foods like beans, rice, tofu, nuts and virtually every vegetable known to man. Coconut milk is usually the base of a lot of the sauces that we make. Lots of Sriracha.

      I’d put some of the Asian dishes that we make up against any restaurant in the country. 😉

    1. We don’t buy a lot of it, but it’s not bad actually, especially when incorporated in other dishes. It’s more about the consistency of the soy-based protein that makes the dish better, and of course the taste and spices that we put on the “meat” helps with the taste. 🙂

  3. It makes my heart hurt a little bit when I see other people’s net worth numbers go up, given that ours just keep going down, regardless of how much money we’re saving. I’m ready for the markets to start moving in the right direction again! But happy for you guys that you’re doing so well — happy anniversary!

    1. Believe me, I understand. There were a couple personal finance bloggers who’s net worth increased in August too. I was like, WTF? Good for you, but…WTF? Luckily, this isn’t a sprint. It’s a marathon. Slow and steady.

      Thanks for the anniversary well wishes! 🙂

  4. Hi Steve,

    Thanks for sharing your monthly budget, net worth and expected financial independence date.

    It is pretty exciting that you are less than 16 – 17 months away from “early retirement”

    I have a question on the net worth. Have you broken out how you have invested it?

    Best Regards,

    Dividend Growth Investor

    1. Hi Dividend Growth Investor,

      Appreciate your readership and the kind words. Nope, we haven’t broken out how we’ve invested our money, but it’s actually pretty simple. We have a combination of a Vanguard LifeStrategy fund, along with a money market account that provides around 30% of our wealth, while our retirement accounts provide another 30 or so percent. We also have two real estate properties that we’ll be selling as a part of retirement next year that adds a nice portion onto our net worth. As you can see, we keep things pretty simple around here. 🙂

  5. Hi Steve,
    It was really inspiring to read your story. I’ also do not believe nor do I want to work endlessly for someone else. I save as much as I can so I that I too can live a simple, afforded lifestyle. I must say though, I became extremely disappointed when I saw that you and your wife have a combined income of 11k a month. I’m a 25 year old recent grad and my boyfriend and I make less than 4k a month combined. As you can imagined, my disappointment was quite severe. I do live a very simple life and I’m an entrepreneur l at heart because I too value my strength and independence more so than me making someone else rich. I’m somewhat familiar with the financial industries and I’ve been considering starting a ROTH IRA to prepare myself for early retirement. I’ll like to know, what advice you have and also if you can pretty please tell everyone you know about Mothers help.. http://pedrovoter45.wix.com/mothershelp. Is a business that I’ve started to help new mothers recover after labor. It is my way of providing my talents and series to the world, while still having the ability to provide for my self and my family.


    1. Hi Clementine,

      I appreciate your comment and definitely understand your position. In fact, I think that you have inspired me to write a post about the influence that our income is having on our retirement plans. We do bring in respectable incomes every month that is helping us to retire this quickly (next year), but high incomes are not necessarily required to retire early.

      It’s wonderful that you are starting so early in life. And remember, the ability to retire early is as much about your level of anticipated expenses post-retirement as it is your income pre-retirement. The less you spend after you call it quits, the earlier that you’ll be able to retire.

      Thanks for commenting, and I appreciate you stopping by!

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