12 countries in 12 years

Wednesday, March 18, 2020

ARE TRANSPORTATION COSTS DELAYING YOUR FIRE PLANS? FINANCIAL INDEPENDENCE RETIRE EARLY

Following up on yesterdays's post, I thought I'd give you a little background on it. 

Before I figured out how I wanted to hack my transportation expenses, I spent the equivalent of $75,000 in today's dollars on a really nice, brand new class B motorhome van conversion like the one you see in the picture, which isn't even brand new.

What I really wanted was a brand new corvette, but I figured my wife would not let me get that one.

It was a beauty. And I enjoyed that van, for a whole 3 years until I traded it in and lost a huge amount of value. 

I calculated later that I could have purchased a decent sized home on 20 acres during the depressed prices of the oil bust era of that time.

Hindsight. That was my young and foolish time.

So I later vowed not to ever to that again, and as things go, I seemed to gravitate to the other side of the financial spectrum on transportation costs, i.e $64 per year per car, instead of thousands.

I realized a day late and a dollar short that it was costing me not just money but my life, my time and freedom, even though back then I ran three small businesses and paid myself a great salary.

But this group is not about me. It's about you, where you are, where you've been and where you'd like to be.

I reference myself as a conversation starter, but this is a community forum and your participation is encouraged; 

Please be kind and participate. 

What financial shenanegans if any did you make when younger and how did you compensate?

 If you didn't make any, where and how did you pick up your financial values?

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