• Rebuilding,  The Sprint to FI

    Ten years after bankruptcy

    I was looking at some old files today and found my debt spreadsheet from 2010. It was a stark reminder of just how far we’ve come since our bankruptcy ten years ago, illustrated most clearly by my shocking realization in red font. This was the moment I knew we were in trouble: As embarrassing as this is to admit, at the time I had $35,000 in credit card debt alone. Including the mortgage, student loan, and my car loan brought the total to $433,000. Adding in Tony’s credit card debt and car loan, it totaled close to $500k, a crazy amount given my 5-figure income and Tony’s unemployment at the…

  • The Sprint to FI

    FIRE Milestones

    Question: On your journey to FIRE, how do you know what progress you have made? It’s easy to say you are FI or not FI but surely there is more than that? Well, depending on who you talk to there is. The folks over at ChooseFI had a podcast (32 and 32R) about the milestones or checkpoints on the way to FI along with Joel from FI180. What I want to do here is to explore these milestones, see where Cat and I are on the way to Fi and what the next milestone is for us, and perhaps illustrate how sometimes its not that straightforward. Having milestones and checkpoints…