Expense Report May 2017- We met our goals

May marks the anniversary of the blog and I have to sadly admit we only shared a little of 20 posts in one year. As I have said ad nauseam, work has kept us pretty busy this past year and we aim to do much better. Our goal to get better covers our investment decisions, consistency, health and definitely our spending. We had stopped publishing expense reports because I thought who wants to know...

How to not bring work home

We work in a job that can get stressful and irritating not because of what is in your job description but due to the people we work with. There is indecision from higher ups, inexperience and incompetence at all levels and then there are people who expect you to hold their hands as they do their jobs. Before we go ahead let me say this, neither one of us is a saint and we are incompetent to take...

Saving Money- How we cut spending?

We have been trying consciously to reduce our consumption and expenses. Surprisingly the easiest area to cut was the kitchen. Utilities, rent and maintenance of other moving parts did also reduce. For quite a bit of time we have been thinking of detailing how we are saving money so that you our readers can help us find areas we should be looking at. We live what we believe is an average urban...

Financial Independence India : Update 2017

First salary of FY 2017-18 is in and invested. It sure isn’t very interesting when you do one transaction and all of your investments are done for the month. There is no real thrill of researching and reinventing as you go along once you narrow down on a strategy to Financial Independence. We started last year on shaky legs still learning to walk the financial planning bit of our lives. We were...

Reality Check- We bought a lot of stuff

This was perhaps the best thing that could have happened to us- a reality check. This post had started completely different. We felt that we did really good last year especially with our clothing and heeling purchases. Guess what that didn’t happen. The Past When we started working I was very much interested in getting myself a shoe collection to rival Carrie and a decent set of clothes to go...

Why we chose to pay more to live close to work

In most of the big cities around the globe people live around 20-30 Km away from where they work. There are many reasons for this decision but one of the most important one is rents are higher closer to work than 20Km away. When we shifted to the new expensive city we also had to make the same decision. We considered our options at length and came to a few conclusions: None of us wanted to spend...

Real-Estate followup: Was buying a house right decision?

Last month I did a post about buying a house and in the comments we discussed whether we were crying over nothing. We also started looking into real-estate as a potential income source. So we decided to do a bit of follow up on that. The background When we bought our property in 2013 we took out a 10 year loan which we equated in April last year. Since then we have run the numbers and invested a...

Was buying a house right decision?

It is common knowledge that we own a flat back in our old city and we have made considerable progress in paying off the mortgage. However every now and then I am forced to rethink if we made the right choice. There are a lot of things we did right (and wrong) but was that the best thing we could have done with our money. Was Buying a house worth our hard earned money? This is the question we want...

Update 2016: How did Royally Frugal household do?

Why are Updates necessary? You ask. When we work towards a long term goal it can be very easy to get distracted. Are you looking at retiring in 10 years by saving aggressively? You are lucky if you can retain the gusto every month and every day. This is what makes it important to set smaller goals and keep reminding ourselves that there are smaller and seemingly needless decisions which will make...

The Way November Went

November was almost near October in terms of spending but a lot better in terms of comfort. The memory foam mattress we spent on in October is finally rewarding us with great sleep. Overall it was one expensive month, with a lot of changes both in how we look at things and actual changes which will affect our lives in the long term. We spent around 27000/- this month apart from rent and mortgage....