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Early Retirement Monthly Update: November
Well, folks, another month is in the books. Over 25% of our year has been spent abroad in retirement. November was a busy month for us. What impact has all this had on our money, you ask? Have we had to dip into our savings to float our lifestyle yet or is the rental income still enough to sustain us? Let’s find out below! Early Retirement Update: Income “Work” Not much to report this month in the ‘work’ category so the Early Retirement Police can take the month off. However, we did sell a couple of workout programs on Fiverr netting us $19.67. If you are interested in starting off…
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How to Make $465 an Hour on AirBnB
By the end of the week, we will be three months into our 6-month AirBnb experiment. We are trying to find out how much money we can make with a rental on AirBnb instead of long term renting. We’ve previously covered what you should consider when converting a long term rental into an AirBnb. Today, however, we are going to be focusing specifically on the money you can make with AirBnb. How Much Money Can You Make on Airbnb? Buying the Condo When we decided to get into rental properties, we started out by looking for a place that we could move into. The goal was to save money by…
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Early Retirement Monthly Update: October
We made it another month in early retirement! Emily was kind enough to inform me as I write this that today makes two full months in Cyprus. We’ve walked down to the beach for her to swim and sunbathe, and I’m having a beer in the middle of a ‘workday’ while writing this post. This early retirement thing is growing on us. But, is our money growing? We are going to cover our income and spending, and let those categories tell the story of our month. Early Retirement Update: Income “Work” While we’ve been out of the 9-5 for almost three months, amazingly, we’ve still got a few residual dollars…
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How Having Deaf Parents Prepared Me for Life
There are times when I mention in casual conversation that both my parents are deaf. This always generates mixed responses. People are curious, as I guess anyone would be when they encounter someone with this different perspective. They run the gambit on crazy questions though. From: ‘How do you know how to talk?’ to: ‘Can they drive?’ The worst reaction though is: ‘I’m sorry’. No offense, but 1. you’re an asshole & 2. I’m not sorry at all. Frankly, I’m sorry that you would even have the perspective that this is a bad thing. Having deaf parents had a huge impact on my life and my upbringing. Today, I’m going…
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September Update – First Month of Early Retirement
We’ve both officially passed the first month of early retirement, and we haven’t gone broke yet! That’s a win in our book. It’s been a month full of traveling, to FinCon in Washington D.C. and immediately afterward overseas to Cyprus. The month has been a rapid transition from hustle and bustle in the states to slower island life in the Mediterranean. This article is the first of what I hope will be many monthly updates in our ‘retirement’. We will cover spending, & income, and let those two categories tell the story of our month. Income “Work” The last of our paychecks trickled in from back when we were peasants…
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Should I Convert a Long Term Rental Into AirBnb?
Unless you’ve been living under a rock the past half-decade, AirBnb is one of the first companies that comes to mind when you are thinking of staying overnight in just about any location. There are currently over 6 million AirBnb listings. These accommodations vary wildly from a 14 bedroom mansion with a lazy river to a damn air-mattress in the back of someone’s car. The question is, should you capitalize on this popularity as a landlord? Should you seek out properties for AirBnb? Or, even easier, do you convert a long term rental property into an AirBnb? Convert a Rental Into an AirBnb As real estate investors, we’ve debated dipping our…
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5 Cheap and Healthy Airport Tips
5 Cheap and Healthy Airport Tips Airline travel, you either hate it, or hate it. I don’t know of anyone that really loves it. Shuffling through security where they scrutinize everything from your toothbrush to your shoe choice. Starving and forced to pay exorbitant prices for meager meals of deli meat with plastic cheese. Everyone seems pissed off except the one woman with “Newlyweds” emblazoned across her t-shirt, and the guy trying not to be seen in his matching shirt. With all the shitty parts, we felt it would be beneficial to cover 5 healthy airport tips that are cheap and easy to make airports and flying suck less for…
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Trapped at Work
I’ve been ‘retired’ all of one week, and I already feel like I’ve been shocked awake with a cold bucket of water. Wim Hof amirite? I guess it makes sense. Even though I had a cushy job where I was only in an office a few hours a week, it was the responsibility of being a manager that took its toll. Putting out fires, answering questions, generating useless weekly reports, staying on top of my emails, and never letting my phone be more than a few feet away. I was trapped by work. However, now I have time to stop and think, to be truly present, to be detached from…
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How We Quit Our Jobs…Kind Of
It’s officially happening folks. Emily and I have informed our employers that we no longer require their services. It is freeing, and also terrifying at the same time. But, we know that this is a calculated decision, and we are ready to move on with our lives. It’s not us, it’s them. However, in true fashion, we have gamed the system, again. We haven’t quit our jobs at all….yet. How Have You Quit Your Jobs, But Also Not Quit? My Leave of Absence You might’ve guessed by the title of this section that we have decided to take a leave of absence. A leave of absence is a period of…
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Save $1100 Per Year on DIY Coffee
Coffee, the real breakfast of champions, is the elixir of life. This little witches’ brew of energy, alertness, and fat burning caffeine is powering the world in more ways than one. Right after oil, It’s the second most valuable commodity exported by developing countries. 64% of Americans drink coffee, and the average coffee drinker is consuming 3.5 cups of coffee a day. These are rookie numbers in the coffee biz. America ranks a pitiful 25th in consumption per person worldwide. However, with a daily Starbucks habit costing you $3.25 per day you’re spending over $1,100 on coffee. Instead of blowing cash, we want to teach you how to make a…
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