So, its September…not quite sure how that happened.
I left for Africa on August 21st in the middle of the summer and when I got back September 1st it was solidly fall – with crisp air and turning leaves. I am not one of those people who lives for fall. Don’t get me wrong. I like it – pumpkins, apple cider and cooler air. What’s not to like? But its no summer. Fall is like the consolation prize you get when you have to say good bye to summer.
Ah well – I digress (or rather, I didn’t mean to start talking about the changing seasons when what i really want to talk about is…): our financial update!
August was, without a doubt, the busiest month financially for us. We sold two of our rental houses (woo hoo!!!!) and used that money to pay off the mortgage on our current house (again, I say, woo hoo!!!). As of tomorrow, we will officially be debt free…unless you are counting our vacation rental property…which I don’t count because it is like its own self contained business. I leave that property alone – let the vacation rental managers take care of everything – and collect a check every month. Easy peasy. Eventually, we will pay off the mortgage on that account too and then the checks we collect each month will be bigger 🙂
We changed our spending habits a bit in August as well. Rather than keep ourselves on a strict “no eating out” plan, we ate out four of five times and surprisingly, our food spending actually went down! I think the reason was that when I know we are not eating out, I plan these elaborate meals every night and we end up spending quite a bit on groceries. When we kinda play it by ear, we end up eating a lot of leftovers mixed with a few meals out. It works for us.
I also signed up for one of those meal delivery in a box things again. While definitely NOT a frugal option, it keeps us in the habit of eating at home which ultimately does save us money – especially if I bulk up the recipes so we have leftovers. Plus, it removes the worst part of my day: 4pm when I am trying to wrangle my child and I suddenly realize that I have no idea what is for dinner and all we have in the house is peanut butter crackers. Come one, we’ve all been there…right?…right?….
In other news, I went to Africa. NBD. Africa! I stepped up my photography skills, learned a ton, cried a lot (don’t feel sorry for me – I cry at everything), made some amazing friends and changed my life. Like I said, NBD.
August Financial Recap:
(Everything got very messy because we were putting money into selling the houses and then getting money back from selling the houses so I’ve only got one number for you):
Percentage of the way towards our goal of financial independence: 46%
I’m going to try to update this blog more regularly for you three people who actually read my ramblings (hi mom!). You’re welcome.