35 min listen
#183 | 2022 Full-year spending review
Fromfriends on FIRE
ratings:
Length:
56 minutes
Released:
Jan 9, 2023
Format:
Podcast episode
Description
Episode Summary:In this week’s episode, we do a full-year expense review and share what each of our families spent this past year. We share our total spending for the year and break down our top spending categories, which areas we’re feeling good about, and where we’d like to improve in 2023. We also share additional reflections and financial goals as we kick off 2022. Episode Notes:We always find it interesting to learn what other families spend in a year, so we’re sharing what it costs our families of 4 and 5 to live for a whole year. First, we remind everyone why and how we track our expenses and some details on what’s included, and then we dig into the details. Top 3 takeaways:It’s an important investment in your finances and relationships to track and review expenses with your spouse. There’s no perfect way to do this. You can be as detailed or as high-level as you want to be. It’s called personal finance for a reason. It can be fun and helpful to review and discuss this with another family. Show references:Friends on FIRE episode #109 | Talking to your partner about moneyFriends on FIRE episode #27 - Why Tracking Net Worth MattersFriends on FIRE episode #15 - Expense Tracking Gone WildNet worth tracking spreadsheetExpense tracking spreadsheet---Follow friends on FIRETwitterInstagramFacebookLinkedInLeave us a voicemail or text us: 404-981-3370eMail us at: friendsonfiremm@gmail.comVisit our website: www.friendsonfire.org---Other LinksMaggie’s Blog: Mostly Minimal LifeMike’s Book: Your New Relationship with Money
Released:
Jan 9, 2023
Format:
Podcast episode
Titles in the series (100)
#013 | From Counter Terrorism to Entrepreneur - Adam Goldberg Interview: On this episode we interview Adam Goldberg. Adam has a fascinating career background, and shifted from a career in counter-terrorism to corporate America as a consult to a professional photographer and instagram influencer. Adam shares his view on finances and how it gave him the freedom and cushion to make some big career changes in his life, and how he’s grown since then. by friends on FIRE