Archive of posts from August 2023


  • Aug 28, 2023

    Watch The Lifestyle Creep

    Have you ever though about why your expenses keep going up year after year? Perhaps you say your expenses haven’t increased that much since last year. But if you compare your expenses today with expenses some 10 years ago, you will see a huge difference. Why is that? Well you can attribute it to inflation. However, that is not the only culprit. The other culprit is lifestyle creep. And because it creeps in so slowly you can be forgiven for not recognizing it. If you don’t watch the lifestyle creep, you are in for a surprise when you do your retirement planning.

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  • Aug 21, 2023

    Is Investing Early Really That Important

    Many financial planners and advisors including yours truly will have you believe that it is important to start investing early if you want to have a comfortable retirement corpus. In fact this is the first step I propose in my five step plan to early retirement. After all it makes sense right? You have a long runway if you start early and it will allow compounding to show its effects. Compounding needs time. But is it really all there is to it? The genesis of this thought was an article that I recently read on the internet. While there is a kernel of truth, it is not all its made out to be. Let me try and explain using the information from the article.

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  • Aug 14, 2023

    Review Of A Reader's Retirement Portfolio

    Every once in a while I receive emails from some of my readers asking for advice on financial planning or unschooling or other things. I have posted a couple (A Reader’s Dilemma, Should I Retire Early?) of emails along with my replies in this blog. Today I wanted to post one more such conversation I had with another reader. As usual, I took permission from the person. Most of the conversation is published as is and I tried to make minimal edits. Hope you might learn something from it or perhaps have better advice. Feel free to comment at the end of this post if you want to post your advice. Lets get started.

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  • Aug 7, 2023

    Power Bill Is Zero, Thanks To Solar Panel

    If you remember, I recently posted that I cannot add any more solar panels given my current setup. You might also recall that I have a lone 320 W solar panel. Surely that cannot generate enough power to reduce my electricity bill to zero. Yet, my latest electricity bill is exactly zero. Thats what happens when you mix politics with lifestyle. Some of you might understand what I am talking about. For others, here is the clue – Gruha Jyothi scheme. Unless you like reading about politics, or belong to Karnataka, one of the southern states of India, you might not know what I am talking about. Let me explain.

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