After some careful consideration, we have decided to take a break from this blog for a while. We started out with great intentions of just opening up into our family’s financial life in the hope that it could help or inspire others. For those of you who have read some of my more recent posts we have been going through a very challenging time with a sick parent who ultimately passed away several weeks ago. It has been hard, and we have been focusing most of our time on this to the exclusion of everything else, including even thinking about finances.
After having almost a month to come to terms with the loss we have also spent a lot of time assessing our current financial situation. One of the things we have always been extremely proud of has been our ability to work toward financial independence based on our own work, side projects, and savings. My last update showed that we had reached a net worth of almost $760,000 at ages 40 and 35, and this was quite a task starting from zero, or honestly one of us starting with student loans. With the passing of our family member we have actually been left a moderate inheritance that we did not expect. It is not an excessive amount of money, but it has caused us to hit our FI number now rather than in four years. To me it seems a little ingenious to talk about working toward financial independence, when ~25% of our number came from an inheritance.
So we have decided to take a break from blogging, what little there has been over the last few months. I am not sure if this is a permanent break, or just time to reassess and refocus the purpose of our blog. Neither of us have any intention of leaving our job for at least another 3-4 years, and more than anything we need to adjust our goals and thoughts about the future. Luckily if there is anything that working toward FI has taught me, it is not to make rash decisions with money, so we are just going to continue as before with our spending and saving plans. I do anticipate remaining active in trying to educate others on the importance of saving and thoughtful spending, but I am just not going to use the blog as an outlet for that for a while.
So until some point in the future, we will be signing off. Thank you to the few readers who visited our blog, offered comments, or sent emails over the last almost two years.