Freedom or money

When I was a kid I always dreamed about being rich and owning anything and everything luxurious. As a kid, I associated being rich with having stuff. I never thought about the freedom it provided. Maybe, because, I was free and I took it for granted back then. Now that I am older, I understand the value of freedom and its importance. Our time in this world is limited. We don’t know when our journey is going to end. Once a year, a month, a week or a day is gone it is gone. Money will not bring lost time back. That is probably the only thing it cannot bring back.

I have one regret about my FI journey. Me not starting on it earlier. Our family would definitely be free by now. As an added bonus, our kids would be a lot more educated about money and finance. Better late than never, right?

I worked for years in order to make others rich and give uncle Sam his hefty share. The goal is to get off this hamster wheel as soon as possible. Having said that, below is the list of things I did or have started doing:

  • No more going to restaurants for lunch. I started bringing my lunch with me.
  • Limited the number of dinners we eat out.
  • Made a decision to not purchase any new clothes unless it is absolutely necessary.
  • No more expensive or new furniture for the house. Planning on downsizing anyway.
  • Started working on the house to get it ready to sell in 6 months.
  • Mrs. DailyGrindFree started exploring the idea of being an Ebay seller.
  • Downloaded a few spreadsheets to track our expenses. Thanks to
  • Started using Personal Capital. What a nifty little website!
  • Read “Rich Dad Poor Dad” & “The Coffee House Investor”.
  • Have been reading about index funds, Vanguard, and our not so complicated tax system.?
  • Already planned on maxing the Retirement account (18K) for this year.
  • Already put 11K in our Roth accounts for 2016 (5.5 each).
  • Set up weekly deposits to our VTSAX. For now, $75 a week. I may bump it up after reviewing our expenses.

As always, any advice and encouragements are welcome.

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