Uh-Oh… Our Retirement Expenses Are Higher than Expected

Uh-Oh… Our Retirement Expenses Are Higher than Expected

Retirement expenses are a tough one to plan for in life. You can budget for what you think your expenses will be, but you really don’t know if they’ll be more or less.  The biggest reason is that your life will likely be dramatically different at the time. This is probably even more on par the younger you are when you leave the workforce because you’re likely not going to be resting on your laurels.  Not only would you be trying your hand at all sorts of projects (some that cost money or transportation), but there’s a lot more time for changes to occur. And by changes, I mean that you have a longer amount of time for your likes

The What-Ifs of Moving to a Different Country

The What-Ifs of Moving to a Different Country

Recently, my friend Lisa from the Mad Money Monster blog wrote about the “what ifs” on moving to a different country.  It was appropriately titled The What Ifs of International Geoarbitrage And Early Retirement. There’s a lot of talk on the Internet, particularly in the personal finance community, about the idea of geoarbitrage.  That’s the strategy of moving to another location, domestic or abroad, to take advantage of the lower cost-of-living and move ahead financially or possibly retire early. It was a great post!  I love it because it raises a lot of questions that many people are thinking when they even consider geoarbitrage.  And she wasn’t trying to say whether or not moving to a different country is good

The Biggest Secret the Library Offers to Enrich Your Life

The Biggest Secret the Library Offers to Enrich Your Life

Oh, the times they are a-changin’.  I don’t think Bob Dylan was talking about the library in his early ’60s song, but boy oh boy, libraries are much different than they were when I was a kid. Of course, you have the obvious stuff like digital card catalogs and the ability to use the computers if you need Internet access.  Heck, I even used them over the past year during those unusual times I needed to print something (I haven’t owned a printer in probably 15 years). Today, I’m excited to talk about one of the biggest secrets the library offers.  It might not be a secret to everyone, but I had no idea about it!  It’s something that can

10 Reasons Not to Live in Panama

10 Reasons Not to Live in Panama

Life’s not all a bed of roses here in Boquete.  I thought today that I’d share some reasons not to live in Panama. So far, living here has been a wonderful experience for me and my family.  It definitely was an adjustment (and still is occasionally), but just being a part of a life that’s so different than we’re accustomed to is both interesting and amazing. A couple of weeks ago, I talked about The 7 Reasons I Love Living in Panama as an Expat.  Between the perfect temperature (at least for me!) in Boquete where we’re living, the mountain scenery, the cost of living, and more, we’ve been very happy. But there’s no perfect place and I thought I’d give

This Bad-@#$ Expenses Spreadsheet is My Gift to You

This Bad-@#$ Expenses Spreadsheet is My Gift to You

I’m super excited about a new expenses spreadsheet I’ve been working on that I think you’re gonna love. And this ain’t just any old expenses spreadsheet – it’s focused on your recurring expenses. If you’re like me, you’re familiar with those times when you make a big purchase and have buyer’s remorse shortly after.  It happens. But those are the easy cases – it’s a one-time purchase and it’s staring you right in the face. The tougher problems to solve are those random costs that occur on a periodic basis (every few weeks, monthly, quarterly, yearly, etc.) that are much harder to keep an eye on. We all have expenses or subscriptions that we signed up for and – meh,

The 7 Reasons I Love Living in Panama as an Expat

The 7 Reasons I Love Living in Panama as an Expat

I’ve been living in Panama as an expat for a little over a month and a half now.  And what a truly awesome experience it’s been so far for me and my family. The first couple of weeks were like a vacation.  Most of our time was consumed with exploring and having fun.  We spent our days eating out, shopping (ok, mostly just browsing!), and doing fun activities like whale watching. Starting at the beginning of September, we began to scale back a little bit.  It was time for us (mostly Lisa) to start Faith’s homeschooling.  That had its ups and downs but seems to be working pretty well as of late.  But it also has meant an earlier bedtime