It’s been a hot minute since I’ve posted here. There has been a lot going on in my personal life, and I’ve had to deal with some hard issues. I’ve also had some time to contemplate the financial direction I want to proceed with for the remainder of 2022. And the No/Low Year Challenge no longer fits into my goals.
Let me explain.
The main goal I’ve had for this challenge was to be able to put together enough cash reserves to pay for all of 2023’s expenses so that my husband had the choice to retire in one year. We have more than enough in our retirement accounts to retire now, however, my husband wanted more cash reserves not associated with the market. I agreed. We are now on track to meet this goal by June 1st.
Another reason was that the No/Low Buy Yearly Challenge started to feel like punishment. When I wrote the post about our upcoming cruise vacation, it felt a bit disingenuine. We took that 7-day cruise and it was a beautiful week. We ended up switching to a nicer hotel (pre-cruise). Although there was no free breakfast or happy hour offered, we avoided the college students on Spring Break. Priceless. We decided to book an excursion and enjoyed a catamaran/snorkeling adventure in St. Maarten. We played slots in the casino. We won and we lost but had fun playing. We tipped generously. We did everything we wanted to, and we figure we paid an extra $250 – $500 without feeling like we missed out. We had the money in our travel account, so why not enjoy?
So what does this mean for my blog? I will continue to track my expenses, but there will be no restrictions on what I purchase. And for those that were interested in the updates, they will most likely be monthly instead of weekly.
I will continue to make this about our future retirement and how we will be preparing, but it won’t be solely about saving money. There are so many things to prepare for retirement, including where we will live, what we will do in retirement, healthcare, etc. Because there is definitely more to life than money.
I thought I would share a YouTube channel that I came across a while ago. Susan is a single woman in her 60’s, and her beautiful spirit inspires me. With so much garbage on the internet, I thought this might bring a little inspiration your way too. Enjoy.