Month: June 2021

How I track my finances using spreadsheets Part 6: Historical Income and Expenses, and Time to Broke

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Hi RIP readers,

we have another lightweight “on the beach” post today.

I know, my public spreadsheet is getting way too big (and a bit slow), and I should probably pull something out.

Not today though.

I’ve been playing a bit too much with my Net Worth Spreadsheet lately, and ended up adding a few extra sheets that I’d like to show you today. I’ve added sheets to monitor income and expenses across multiple years (I’m tracking them in detail since beginning of 2016), and a mini retirement calculator.

Let’s look at them one by one

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One Dollar Coast FIRE and Generational Wealth

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Hi RIP readers, first things first: today, five years ago, I’ve published the first post on this blog.

Happy birthday retire in Progress 🙂

Ok, enough for a celebration. Let’s get started.

Today topic is a lightweight one, it’s a “on the beach” kind of quick post – in fact i’m actually on the beach for a couple of weeks.

So, while I’m enjoying Apulia’s coast, why not talk about coast… FIRE?

Simply explained, Coast FIRE is a financial milestone that, when reached, it means you can stop saving money (i.e. you can spend all your income) while your current Net North snowballs you into Financial Independence at traditional retirement age (for example, age 65).

There’s a weird loophole, a paradox in this money game that makes me think about it from different angles. Let’s try to decompose it and see where this summer beach thought will bring us.

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Monthly Learning Journal 16 (7/6/2021)

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Hi RIP readers, welcome to the June 2021 edition of the Monthly Learning journal (MLJ).

This month edition is much shorter because I’ve been focusing way more on producing content  (mostly for my YouTube and Twitch channels) compared to consuming content.

While I like “create” much more than “consume” (in every aspect of my life), I will try to keep a more balanced information diet in the following months.

Well, not in June probably, since we’re going on vacation for two weeks on the beach and I’m not sure how much “digital time” I will allow myself to spend 🙂

On a side note, the production of this MLJ episode has been mostly automated thanks to a python script I wrote “in public”, streaming on my YT channel (in Italian language). A lot of formatting time saved!

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