{"id":4705,"date":"2023-01-11T23:38:00","date_gmt":"2023-01-12T06:38:00","guid":{"rendered":"https:\/\/modernfimily.com\/?p=4705"},"modified":"2023-01-13T08:13:48","modified_gmt":"2023-01-13T15:13:48","slug":"quarterly-life-update-q4-2022","status":"publish","type":"post","link":"https:\/\/modernfimily.com\/quarterly-life-update-q4-2022\/","title":{"rendered":"Quarterly Life & Spending Update: Q4 2022"},"content":{"rendered":"
Hey everyone! It’s been awhile (read: blogging fatigue) but we\u2019re back with another quarterly update. We\u2019ll focus today\u2019s post on a quick life & spending update this week and then net worth update next post.<\/p>\n
Here are the larger one off expenses we encountered this quarter:<\/p>\n
Since June 2021 was when I first started parental leave we decided that July 1st \u2013 June 30th will be how we tally up our spending in our post-FIRE world. So let\u2019s see how our “Q2” spending report is shaping up.<\/p>\n
After adding everything up, we spent $6,245 this quarter. This puts us at a total spend of $15,006 during our first 6 months of early retirement. If we double this and then add in $5,000 for the kiddos RESPs, and another $4,500 for property taxes and car insurance which we will pay during the second half of the year, it\u2019s actually quite eerie how close we are to an estimated spend of $40,000 for the year.<\/p>\n
As for Portugal, all flights, Airbnbs, and car rentals have now been booked. We will write a separate post with more details about our itinerary and costs so stay tuned for that.<\/p>\n
I’m purposefully not including our income for the year in these quarterly updates. At the end of the year (June 2023) I’ll tally not only our overall spend for the year but our overall income for the year as I’m quite interested to see how those final numbers look.<\/p>\n
That does it for today! Any questions for us?<\/p>\n
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We believe in stacking up life hacks to keep your enjoyment levels to the max without depleting your bank account. Here are some ways to further educate yourself and save thousands of dollars over your lifetime by making some simple adjustments:<\/p>\n
Hey everyone! It’s been awhile (read: blogging fatigue) but we\u2019re back with another quarterly update. We\u2019ll focus today\u2019s post on a quick life & spending …<\/p>\n