Browse Month: December 2017

Solar Energy Update: Our First Withdrawal From The Bank

Solar Power
ROMT Solar Production (YTD 2017)

As the days got shorter this fall, the amount of power produced by our home solar energy system has been decreasing.

This isn’t surprising – it’s simply a matter of science!

That said, the drop off has been dramatic. Our solar production for November was half of what we produced in October, and less than 30% of what we produced in August, which was our peak month so far.

With the days still getting shorter for another week and a half, science says that our power production for December will be even lower!

Continue Reading

Dumb Financial Decisions: Buying A Home That Is Too Big

Dumb Financial DecisionsEarlier this year, I wrote about our Smart Financial Decision to pay off our mortgage.

Today I’m once again writing about our home, but this time, we’ll be revisiting a Dumb Financial Decision.

Quite simply, when we bought our home six years ago, we purchased a larger house than we really needed.

And the financial ramifications of that decision continue to negatively impact our personal finances every day. Continue Reading

Great Games to Teach Children About Money and Personal Finance (and Math!)

Personal Finance GamesAs we head into the holiday season, many are looking for gift ideas for the children in their lives.

Today I’m going to share some great games we have played with our children, and in some cases also played while growing up. In my opinion, each of these games help teach important lessons about money and personal finance. In their own way, these games have helped shape the financial decisions – both smart and dumb – I have made, and continue to make, in real life on my path towards financial independence and early retirement.

Plus, each of these games is a lot of fun to play!

Continue Reading