Greetings from Raleigh! We are back home after nine weeks in Europe. School is back in session and fall is just around the corner. Our five year old started kindergarten and we are transitioning into empty nesters. At least on weekdays between 8:30 AM and 2:45 PM.
Our financials for the month were once again wonderful. Once I arrived home from Europe, I deposited an accumulated stack of checks from the blog and elsewhere which led to a superb monthly income of $6,281. Expenses were tiny at just $1,390 in spite of spending two weeks of August in Europe and picking up a ton of back to school supplies and clothes. Our net worth crept up another $8,000 to $1,890,000 – another all time net worth high.
It’s a rainy day in the outskirts of Koblenz, Germany and I finally have time to crank out the latest monthly financial update. It’s 60 degrees and drizzling all day. The fog rising over the farm fields obscures the view of the next village over. Though a rainy day would mark ruin for others’ vacations, for us it’s a nice forced break from our routine of exploring new cities and sights.
In July, we visited Milan and Venice in Italy, Ljulbjana and Lake Bled/Kranjska Gora/Soca Valley in Slovenia, Salzburg and Hallstatt in Austria, Munich and Berlin in Germany, and Prague in Czech Republic. Our nine week summer vacation in Europe is drawing to a close with only a few days remaining in Koblenz, Germany then a few days in Amsterdam before we fly back home to Raleigh.
July was another great month for us. Our net worth rose another $40,000 to $1,882,000. Our income remained steady at $1,549 which was barely eclipsed by our spending of $1,616. In other words, a combination of passive dividend income from our portfolio and a small amount of income from this blog came close to covering all of our expenses for the month while we have been vacationing in Europe.
The Root of Good family started its grand nine week European vacation with five days in Lisbon, Portugal. After a short flight from Raleigh, Lisbon is an easy 7.5 hour overnight flight from Washington, D.C., so our transatlantic flight to Europe was relatively painless. We arrived at 10:30 in the morning the next day. After an arduous journey through the immigration lines, we left the airport by metro for a quick ride to our first (of fourteen) Airbnb apartments that would serve as our homes away from home for the next nine weeks in Europe.
To battle jet lag, I followed the advice to stay awake the whole day of our arrival and DON’T take a nap. We dropped our bags at the airbnb apartment, hooked up to wifi, unpacked a bit, and did a quick inventory of necessities (“Do we have soap, shampoo, conditioner, and breakfast for tomorrow?”), and headed out for an afternoon of exploring downtown Lisbon so we would be forced to stay awake. Easier said than done, we had an overly exhausted five year old that fell asleep on the metro ride back to our apartment, and it’s the first time I’ve nearly fallen asleep while standing up (waiting for the metro).
This month’s financial update comes to you from Ljubljana, Slovenia – an undiscovered gem in Europe. We are about to head to Lake Bled, Slovenia for some hiking, lake-lounging, and more relaxing. After that we’re on to Austria, Germany, and the Czech Republic for the next month before ending our vacation in Amsterdam. It’s hard to believe we are almost half way through our nine week summer vacation in Europe!
June was another great month financially. Net worth increased $14,000 to $1,842,000. Income was very strong at $7,793 during June, while expenses remained moderate at $2,629. Such a great feeling to watch your assets continue to grow for you while you’re on the other side of the world exploring and relaxing!