The stock market is going to crash, but I’m prepared because the last time I learned the hard way. It was March of 2009, we were in Hawaii and the stock market was on a tear. We had rented a house on the eastern side of Oahu where we could snorkel and kayak from our backyard. And after a year of heavy losses the stock market crash was finally coming to an end. Everything was right in the world, but I was feeling ill – I had just realized my worst financial mistake. Continue reading
Love is something we can’t buy or sell, yet it’s one of the greatest gifts we can give and receive. Getting married is an affirmation that two people love each other so much that they want to spend the rest of their lives together. There is a lot of meaning behind a wedding, but there can also be massive expenses. I’m lucky to be married to my best friend, and we share many of the same values. For both of us, a huge wedding wasn’t what we wanted. In fact we only spent $20 getting married, and Mrs. CK wanted to share the story of our simple ceremony.
I like beer, I like it a lot actually, and the beer scene in New England is outstanding. For me, there’s nothing better than a juicy New England style IPA exploding with hop aromas. The only problem is these brews are more expensive to make and in high demand, which means if you can get your hands on them, they sell for $10 a pour. A few years ago I brewed my first citrusy IPA. It turned out good – like really good – and I’ve been hooked ever since. These days, for about $0.40 a beer, I can brew something that to me rivals the best beers in New England. I’m going to share the cheapest all grain brewing setup that I’ve found.
We do a fair amount of traveling. Travel costs were our second highest expense last year – at over $7,000, it was 18% of our $38k spending in 2016. This year, we mean to put a serious dent in those numbers through more extensive travel hacking. So far, we’re off to a good start. We booked a 9 day all-inclusive vacation to Jamaica – and we didn’t pay a dime for it.
When we purchased our home, it was tough to keep it heated. It’s a slightly bigger house than our last, but our oil consumption was nearly double. After having an energy audit performed, we discovered it had more holes than Swiss cheese. Luckily, sealing a home from air leaks is easy to do, doesn’t require special tools, and can be done very cheaply. After a lot of sealing, we can now heat the entire 1700 square foot house with a small wood stove during the harshest New England winter days, and many days we don’t need to run any heating or cooling. Continue reading
There were a lot of changes for us in 2016. Half way through the year, I quit my job, drastically cutting our income. At the time, we decided we were financially independent if we could spend less than $40k a year. But then we started to travel a lot more, spending over 2 months on the road exploring Colorado, New Mexico, Nova Scotia, Maine, and Costa Rica. I was also in a wedding and went to Montreal for a bachelor party while Mrs. CK enjoyed a weekend at the spa. We went sailing, fishing, hiking, biking, and ate and drank like kings. Overall, I think we have been living pretty damn well, but what did it cost us?
We used to go to our favorite pizzeria once a week. For a small pie and a salad to split, our bill was usually less than $20. At the time, this seemed like a decent deal. I thought you needed a commercial pizza oven and special ingredients to make a pizzeria quality pie. But over the last few years, I’ve uncovered the secrets to making pizzeria quality pizza. These techniques do require some planning, but not much time. And pizza ingredients are very cheap – we can make better pizza than our local pizzeria for $2 a pie.
There was not a single present for anyone under our tree this year. In fact, there were only reverse presents. Say what? That’s right, instead of giving each other gifts this year, Mrs. CK and I rummaged through the house to find stuff to give away. We gathered our “gifts” and piled them under the tree. Then, instead of unpacking presents, we packed them all up into our trusty steed Lightning. And off to Goodwill they went.