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Blogger Profile


coco jam

Blog Info

Name:
coco jam travels
Category:
Early Retirement
Tags:
financial independence, simple living, minimalist consumer
Start Year:
2018

Blogger Bio

Net worth:
Location:
Washington, United States
Age:
40s
Race:
Unspecified
Gender:
Female
Life stage:
SINK (Single Income, No Kids)
Profession:
non STEM
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Latest Blog Posts

  Based on my chicken little nature, I will never be satisfied with my financial situation.  It doesn’t matter if I get $2M investable assets, after that I will try to strive for $3M, then $4M, then $5M… There will be no end to the pursue of confetti paper and computer digits to the detriment... The post golden handcuff melt appeared first on coco jam travels. ...
Posted: Apr 19 2018 @ 7:13 AM
I am left with $638.43 to spend on the next 15 days.  Can I survive on this amount? The post money is tight. can I really save 85% of net income? appeared first on coco jam travels. ...
Posted: Apr 17 2018 @ 7:13 AM
Well, I started this site in Jan 2017.  Nothing happened (what do you expect coco procrastinator') I did take two trips in 2017, to Europe and to Boston.  I learnt that I dislike travelling when still working as a wage slave.   Each dollar spent was one dollar I could have put into my mutual fund... The post 2018 personal finance goals appeared first on coco jam travels. ...
Posted:
2018 Jan spending results were the reason why I decided to switch back to a cash based transparent plastic folder system. At this rate, I would need a portfolio at a 4% SWR =  4,644.48 *12 *25  = 1,393,344   And I already know I will not feel safe using a 4% withdrawal rate… And... The post 2018 January results – dismal appeared first on coco jam travels. ...
Posted:
OK, Feb results were just tallied and they were better.  Total spent was $1,859.25. I also did some graphs finally… The heading is a very aggressive 2018 goal I have selected, annual spending of $18,250, giving me a daily expense of less than $50.  If it fails, I will use $19,999 as annual spending limit.... The post 2018 February results – better appeared first on coco jam travels. ...
Posted:
Based on last 7 years’ history, I am quite confident living on an annual expense of $24K. The average of these 7 years is $24,068.  Each year contains a ton of discretionary expenses so that I never felt deprived of anything.  The $24K is going to be a core assumption in my analysis. Yeah I... The post The Case of $24K annual expense appeared first on coco jam travels. ...
Posted:
  Many books, blogs, and forum posts have been written on how much is enough, and how to derive that number.  I don’t plan to regurgitate the unknowns (future health care cost, remaining lifespan, inflation rate, sequence of return risk …) The case of 24K spending – For me, since I have a history of maintaining... The post Exactly how much is enough''' appeared first on coco jam travels. ...
Posted:
My first post was about my 2018 personal finance goals.  Then I took a staycation and binge read personal finance blogs.  Now I want to tinker/ tighten my 2018 goals. From the original list, savings rate at 85% and spending limit below $24K are both good, the remaining though (freeze credit cards, use cash envelopes, use... The post Rethinking 2018 goals appeared first on coco jam travels. ...
Posted:
1.pay myself first – save 85% of income and minimum $120K this year PASS yup so far for every pay check that comes in, I first calculate what 85% is and how to top up in my taxable to get there, and the first transfer out is always going to vanguard.  It has given me tremendous... The post progress towards goals – march 2018 edition appeared first on coco jam travels. ...
Posted:
I actually don’t remember which year I started my FIRE journey.  My guess was it started in 2012. At that time, the economy was still weak, I received a bad work performance review that year, and I was a debt slave with $435K in debt (cell H17). I just finalized my divorce in 2009, and... The post $435K in debt to debt free in 6 years appeared first on coco jam ...
Posted:

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