Expense Report- October 2019

Low Expense Diwali is my kind of Diwali! Happy Diwali and welcome to the times when we are actually updating our blog at least monthly. October was a good month financially and we brought our expenses way down. While our focus this month was to get our expenses lowered there have been a few expenses that we had been putting off for some time. We did spend a bit on those but we are still running...

Financial Independence in India: An update

We have been working on being good parents and capable workers all of last year or so and a lot of things have fallen by the sides. One of those is this blog and the other one is the discipline which allowed us to amass a decent sum in our balances. This does not mean we have saved nothing but we have been spending lie crazy and most months we couldn't tell you what actually happened. A few new...

The two powers of money aka how last year changed us and our approach to money

Money is powerful but not only because it can purchase the necessities. Today we are talking more another the subtle power related to money- the power of being able to say this much is enough. There is an immense comfort in knowing you can throw money at a problem, because you plan for emergencies as we do or you are simply rich. There is similarly a comfort that comes from knowing when the...

Back with a new addition

We have been missing for the blog and mostly everywhere for a long time. Though pure laziness does explain some part of it there were bigger things in play. We were preparing to welcome a new member to our family and the blog was way down in our list of priorities. before I go into the updates part of the post let me introduce you to our daughter. Miss S came into our lives in June this year and...

Inflation- why we are not that worried.

Inflation and our assumption of inflation at 6% has become one of the major topics of discussion in the comments on our posts. Like we have said before looking at inflation in isolation is wrong and anyone who is worried that inflation since 1991 has been 8% should also realize that NIFTY returns for that period have been 11.7%. Both of these figures are average and being average they do not...

Royally Frugal household still going strong- A much awaited update

  Financial independence for us is the amazing thing which allows you to go with the flow of life. We are far from calling ourselves remotely FI but in resent months I have loved the freedom of not fretting about money or other issues around it while we concentrate on maximizing our careers. Last few months have been far too busy on the work front for us to be able to look closely into our...

Healthcare in Early retirement- our plans

Healthcare is something that has been on my mind for some time now. Today when we are young and earn a decent sum we can probably afford to get sick and pay for some damn expensive treatments. We are also insured through our job, which means till we need over 6L in expenses we will probably be fine. The insurances cover pregnancy and child delivery should we need it. Both sets of parents are well...

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...

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...