Do Low and Negative Interest Rates Scare You?

Do Low and Negative Interest Rates Scare You?

A couple of weeks ago, I brought up the idea of negative interest rates with my nine-year-old daughter, Faith. Yes, this might be something a little weird to talk about with your kid, but it piggy-backed off of our personal finance class during homeschooling.  And of course, I kept it pretty high-level. I had kept it simple talking about how banks pay interest to people who store their money there.  The banks then take that money and loan it out to others and charge a higher interest rate to them for things like buying a home. These concepts are important for kids to understand.  Eventually, we can talk about some of the causes and effects, but for now, that’ll suffice.

Our First Week of Homeschooling in Panama

Our First Week of Homeschooling in Panama

We’ve been preparing for our move to Panama for over a year now.  When we decided to move, we knew we were going to be homeschooling for at least the first year we’re here. Immediately, I started researching homeschooling and have been trying to figure out this new world.  There are so many different philosophies and strategies on how to homeschool that I wrote about previously in my post, Homeschooling Research… Aarrgghh!!!!. I quickly realized this was going to be an ongoing learning process for all of us and a big adjustment! For this first week, I didn’t plan too much as far as lessons go.  Jim and I came up with a daily schedule for each day of the

Boquete, Panama Places to Live… We Found a Rental!

Boquete, Panama Places to Live… We Found a Rental!

Looking at places to live in Panama is kind of an adventure.  There are a lot of nuances you need to be aware of or you could end up very unhappy. For instance, if you don’t know to ask, you could get a place that has what they lovingly refer to as “suicide showers” here.  And by that, they mean that it doesn’t have hot water! A lot of the local Panamanians here are used to that and that’s just how they live.  But imagine not knowing, moving in, and then jumping into the shower for the first time.  SURPRISE!!!  YIKES! But if you know what to look for, you can find some real gems.  Although costs aren’t as cheap

What the Hell Is Going On with Our Living Expenses?!

What the Hell Is Going On with Our Living Expenses?!

Boy, this has been one helluva rollercoaster lately.  Our living expenses have been all over the map this year. We’ve had a ton of abnormal spending (both more and less) throughout the year.  The biggest factors for this were: Preparing for our big move Enjoying our July adventure Living in Texas with family for most of August Now living in Panama For a guy with control issues, this is throwing me off a little.  The roller coaster ride we’ve been on this summer is just about wrapping up, but we’re still not running a normal budget right now. It’s been so crazy with so many unknowns that I’m struggling to project what our living expenses are finally going to settle

We’re Now Living in Panama… Finally!!

We’re Now Living in Panama… Finally!!

It feels like we’ve been planning this for years (because we have!), but it’s finally happened… we’re now living in Panama! I wasn’t going to post about this yet since we’ve been here less than a week, but I figured a lot of you want to know the details about this adventure. Although I started this site in 2015 intending to focus mostly on personal finance, I feel like I’ve become known more for our plans to retire early and move to Panama more than anything. That’s not a bad thing at all – it was just a little unexpected.  We were doing this just because it seemed interesting to us.  It was initially “just” a plan to utilize geoarbitrage

Striving to Let Go and Be a Better Person

Striving to Let Go and Be a Better Person

Well, tomorrow is the big day… we’re finally flying out and moving to Panama!  And with that, I thought it would be a good opportunity to talk about change and my plans to be a better person. That’s right – who woulda thunk I could be any more of a better person than I already am?!  Well, guess what – even people like little old me have a little breathing room to improve on in our lives!   Striving to let go So let’s start on the side of letting things go… I’m a planner and a worker and always have been.  Organization is my middle name.  When a trip or event is being scheduled with friends or family, I’ve