Our travel plans for the year

This is a non-finance post, so feel free to skip today. As I had mentioned in the previous post, we have sat down and discussed our spending plan for the year. About 21% of the total year expenses will be on trips outside Mumbai. Visiting Family Both sets of parents stay in opposite directions from…

Doing more in 2018 – Setting goals!

“Wish you all a very happy new year! May this be a year where you achieve all your goals!” We have been on the FIRE journey for about a year, but have not done the best we could have in 2017. We did meet our savings plan, but did really badly in investing. We did…

Calculator – How much to invest for your goals?

In the most recent posts I discussed at high level the type of asset classes available, their advantages and how we plan to use each of them in our investment plan. In this I am sharing an excel based calculator that will help to identify monthly investments needed to achieve a goal. You can plan…

Guide to Financial Independence – Investment Plan 2

In the previous post I discussed the basics of different asset classes. In this I discuss how we have defined our investment plan and why. Read on to know many many secrets! Now that you know your goals, what you can invest and the basics of different assets, it is time to jump in and…

Guide to Financial Independence – Investment Plan 1

After you have your emergency fund and have started saving money every month, you need to do a good job of investing your savings. The power of compounding is enormous and the early you get on this gravy train the better. I wanted to cover a good bit of detail on each asset class and…