UnThreaded | Threaded | Whole Thread (44) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: zsimpson Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1490  
Subject: Re: Wish list Date: 2/12/2004 1:26 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
At the beginning of a new year, I like to develop a target spending amount for that years wants and needs. To address the wants, I make out a "wish list" and then I go through and priortize it. In past years, I could easily pay for everything on the wish list and still save for FIRE. However, post-FIRE it is different--to do everything on this list would mean that I would need to go back to work. So for each item on my list, I have come up with a viable alternative that could fit into my current SWR. It helps me see that I truly have choices: RWOL or go back to work for a while.

That is the main reason we have the online business. We like our toys. We could retire on Hubby's retirement amount only and if we scrimped on enough things, we could get by, but we like our toys. My husband is an over-grown 12yo (and I've had people tell me I give him too much credit for that), and I'm not very far behind. Kids of all ages LOVE coming to our house, including teens. It's like one big video arcade, movie theatre, and playground. Hubby even has steering wheels and pedals for the networked computers so they can play NASCAR and race against eash other.
So we have the business. It earns us some income, and allows us to write off a lot of the toys we are going to buy anyway. Because we like our toys so much, we can also take the business anywhere with us as we are traveling.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (44) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement