Caroline

A few months ago, we moved into one of our Florida rentals and have made Florida our primary residence as of 2020. The rental needed a lot of work, as we had a tenant in place for six years. A longtime tenant is great financially because there is no lost rent due to vacancy or turnover costs in-between move-ins. However, when you do turn over the unit, there is a [...]

We posted before about how we are targeting FIRE in stages of increasing spending levels: Our stage 1 is relocating full-time to Costa Rica and a level of spending that can easily be covered by our current income streams. This first stage is also purely hypothetical -- a Plan B option we set up just in case we need to drastically reduce our spending. As of now, the longest time [...]

With the upcoming tax season comes the inevitable reckoning with our numbers and seeing how we are doing with our businesses, mutual fund accounts and investing in real estate. We had no new acquisitions but still had six real estate closings in 2019! We did a cash-out refinance on our Florida duplex to pay back a private loan we took from a friend. We also sold our entire portfolio in [...]

During the morning of Christmas Eve, our family of four was in midtown New York City, but not for the Rockefeller Center Christmas tree. Instead, we were at a law office signing important documents everyone should have (and more paperwork than a typical real estate closing!). Our daughters signed their power of attorney documents, which name who can take over their financial accounts and decisions if they are unable to [...]

Our trip to Arizona was split almost equally among Tucson, Phoenix and Sedona. It was our first “real” trip out there other than a handful of days across the years on quick in-and-outs to Phoenix. We LOVED it and can see ourselves returning again and again. Best of all, there is so much to do for free. In fact, most of our activities turned out to be free. 10 free [...]

I LOVE movies and easily watch over a hundred movies each year. My favorite aspect of air travel is getting to watch movie marathons – I watched 15 movies in flight on our last trip to the Philippines. More time for movies is also one of my favorite aspects of the flexible FIRE lifestyle – I’m still giddy over seeing Rowan Atkinson live at a screening of his latest Johnny [...]

The end of a year is already an introspective time, and now that Scott and I are officially empty-nesters, we are taking advantage of our slower, freed up schedule to dig even deeper. We are organizing our mementos, decluttering our stored items, updating our estate plan -- various tasks which prompt us to get even more introspective about then and now. Click to pin me! Some of the tasks, like [...]

I am lucky to get dozens of free books each year since my consulting work includes writing advice columns, and publicists send me review copies to hopefully feature their clients in my columns. I try to read as many review books as I can, and I also pick up books on my own dime and time. I particularly love business, personal finance and self-improvement books. You won’t see any fiction [...]

I recently posted a guest blog on Sisters For Financial Independence. This is personally exciting for me because the site is helmed by Filipina sisters like me (one of whom coincidentally has the same name as my sister!). It’s also professionally exciting to collaborate with fellow FIRE-fighters and see my writing published elsewhere. Finally, the publicity factor – getting your work out in front of a broader audience – is [...]