How Much Finances Can Improve In 5 Years

I wrote this on Mother’s Day, or, in my household, Step-Mother’s Day. My husband was kind enough to give me a card, and we spent a little time reminiscing, especially about the 5 years since our son graduated from college. Talking about his life doesn’t seem appropriate for this blog; but looking back to his graduation, we were amazed at how much more stressful our finances were then, compared with the life we have arranged for ourselves now.

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Are We There Yet?

I stayed home from work for nearly a month this summer. It took a while to adjust to the slower pace, to find meaning and accomplishment in my day, but I did. I very much enjoyed waking up without an alarm, spending time with my husband, and getting chores done around the house. On the eve of returning to my regular, full-time work week, I found myself asking: can I retire yet?

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Summer Memories

Today I went out for what was supposed to be a short walk. It ended up going much longer than I expected–both distance walked and years traversed.

I live far enough away from where I grew up that the flora and fauna aren’t quite the same, nor is the weather. Today, however, it was similar enough that memories of summers decades past came back to visit me as I walked.

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One Year Without Mortgage Payments

In some ways I can’t quite believe it has been a year since I paid off the mortgage. Something that was the focus of so much of my attention, scheming, and calculating, is now just history.

On the other hand, the downstream consequences of paying off the mortgage kept showing up months after the actual event.

I thought it might be worthwhile to go over the past year without mortgage payments, and review the different ways my life has changed because of it. I break this down into three different categories: new bills from the loss of the escrow account, increased cash flow without the monthly mortgage payments, and changes in attitude.

In case anyone reading plans to pay off their mortgage soon, I have a few recommendations at the end.

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Monday Melange: Travel Points

I have been saving links to posts by other people for over a year. Some of these posts just struck my fancy at the time, others I find myself thinking about for weeks or months afterwards. I would like to share them with others, rather than hoarding them on my list of saved posts. I hope some of them speak to you as well.

I love, love, love stories about travel hacking. Not the low stakes stories of: I had to rush home for an emergency and saved a few hundred dollars on a last minute ticket using miles. No, I like the big shebang: look at this crazy thing I did for free (or nearly free).

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