June 2024 Early Retirement Update – Summer in Poland Edition

Welcome back to Root of Good, folks! We landed in Poland a month ago and we have been enjoying this new-to-us country quite a bit. We started our trip in Krakow and made our way south to the Tatra mountains and Zakopane near the border of Slovakia.

As I write this, we are in the southwestern part of Poland in the Klodzko Valley very close to the Czech Republic. Over the next few weeks we’ll head north toward Gdansk with several stops along the way. 

On to our financial progress. June was a good month overall for our finances. Our net worth dipped slightly by $16,000 to end the month at $3,120,000. Our income of $13,376 exceeded our spending of $5,889 for the month of June by a wide margin.  

Let’s jump into the details from last month.

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May 2024 Early Retirement Update – Summer is Here

Welcome back to Root of Good, folks! We are back in Raleigh after our latest Caribbean cruise. In a few days we hit the road again. We’ll spend two months visiting Krakow, Zakopane, Wroclaw, Gdansk and half a dozen other places scattered across Poland. 

During May, we spent 10 nights aboard the MSC Magnifica cruise ship sailing around the Caribbean. Our favorite port of call this time around was Key West, Florida. It was our first time visiting the shady, tree-lined streets of the southernmost town in the continental United States. 

In other exciting news, we had another kid graduate college in May. She finished her Associates degree at the community college and will be attending NC State University in the fall in order to complete her Bachelors degree. 

On to our financial progress. May was a great month for our finances. Our net worth shot up by $121,000 to end the month at $3,136,000. Our income of $2,266 exceeded our spending of $1,875 for the month of May. 

Let’s jump into the details from last month.

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April 2024 Early Retirement Update – Cruising the Caribbean Edition

Welcome back to another monthly update from Root of Good! We are back at home in Raleigh after a fun 11 night cruise to the Caribbean during April. In a few days we return to the Caribbean for another week and a half sailing around the deep blue sea. Then we’ll have a couple more weeks at home in Raleigh before leaving for our two month trip in Poland. I think I need a vacation from all these vacations! 

Although our travel schedule for 2024 keeps us pretty busy, we still have a lot of relaxing days at home in between our trips. This early retired life is pretty sweet!

On to our financial progress. April was a mixed month for our finances. On the one hand, our net worth crashed by $114,000 to end the month at $3,015,000. Our income of $4,266 significantly exceeded our spending of $1,719 for the month of April. 

Let’s jump into the details from last month.

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March 2024 Early Retirement Update – Busy Springtime Edition

Welcome back to another monthly update from Root of Good! I’m releasing this update just a few days into the new month because we’re rushing out the door for a cruise in a couple of days. Our spring and summer travel schedule will keep us pretty busy with three cruises and a two month trip to Poland between now and September. 

Spring is here in North Carolina. Just look at the thick layer of green pollen coating everything and you’ll know! Hopefully the air will be pollen-free when we’re sailing around the Caribbean next week on our cruise. We’ll visit Aruba, Colombia, Panama, Costa Rica, and a couple other places during our 11 night cruise. It’s a similar itinerary to the one we took over this past Christmas with the kids. But this time we are going without the kids since they have school. 

On to our financial progress. March was an incredible month for our finances in all regards. Our net worth shot up by $127,000 (!!), to end the month at $3,129,000. Our income of $10,736 far exceeded our spending of $3,525 for the month of March. 

Let’s jump into the details from last month.

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February 2024 Early Retirement Update – Spring Blooms Edition

Welcome back to a slightly belated monthly update from Root of Good! We’ve been busy the last week or two with some short vacations. Now that things have slowed down a bit, I can put fingers to keyboard and let you know what we’re up to. 

February was a cold month interspersed with warmer sunny days. Perfect days for cleaning up the lakefront, doing some exploring down by the water, and having a toasty campfire at night to stay warm.

February proved a busy month for our family. Both of our older kids applied to transfer to bigger and better universities for the fall and kept busy with a full load of courses. Our planning for our nine week summer trip through Poland continued. Now the logistical framework of lodging, rental cars, and flights are all booked at this point. 

On to our financial progress. February was a great month for our finances in all regards. Our net worth shot up by $46,000, to end the month at $3,002,000. We finally hit the $3M mark! Our income of $2,653 exceeded our spending of $1,746 for the month of February. 

Let’s jump into the details from last month.

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January 2024 Early Retirement Update – Winter Frost Edition

Welcome back to Root of Good for a frosty winter monthly update! We kept busy around the house during January with a lot of indoor activities while it was cold outside. Throughout the last month, we completed the planning and booking for our two month summer trip through Poland. I bet we looked at more than 1,000 airbnbs and hotels during our search for lodging. More on that in the “Travel” section down below. 

At the beginning of the month, we celebrated New Years with family. We all got sick with flu-like symptoms during the early part of the month so we’ve been nursing ourselves back to health since then. It’s nice to not worry about missing work due to being sick, and having to come back to an office inbox with 1,000 unread emails. 

On to our financial progress. January was a decent month for our finances. Our net worth declined slightly, by $10,000, to end the month at $2,956,000. Our income of $1,864 slightly exceeded our spending of $1,828 for the month of January. 

Let’s jump into the details from last month.

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December 2023 Early Retirement Update – Happy New Years Edition

Happy New Year and welcome back to another monthly update from Root of Good! We are back home from our Christmas cruise to South America and Central America. Right now we are cozied up and trying to make it through another month or so of winter weather. Fortunately it’s never that cold in North Carolina, so I can’t complain too much! 

Now that we are home, we are busily planning some trips for 2024. We have two cruises planned for the fall and we are about to book a bunch of accommodations for our nine week trip to Poland this summer. 

On to our financial progress. December was another phenomenal month for our finances. Our net worth skyrocketed by $149,000 to end the month at $2,966,000. Our income totaled an incredible $26,305, while our spending was in-line with our monthly budget at $3,428 for the month of December. 

Let’s jump into the details from last month.

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November 2023 Early Retirement Update – Fall Color Explosion

Welcome back to another monthly update from Root of Good! Here we are halfway between Thanksgiving and Christmas enjoying the last few weeks of the year. As this post goes live, we are days away from sailing on a cruise to South America and Central America where we will celebrate Christmas. We return home just before New Year’s so our 2023 is rapidly drawing to a close! 

Even though we didn’t really do any traveling this fall, we still kept busy with other daily routines around home. Looking ahead, 2024 is shaping up to be a busy year for travel, with a few domestic trips planned in the first few months of the new year. In the summer, we head to Europe where we will spend a couple of months road tripping around Poland. 

On to our financial progress. November was a great month for our finances. Our net worth skyrocketed by $134,000 to end November at $2,817,000. Our income totaled $1,992, while our spending was a bit more at $2,682 for the month of November. 

Let’s jump into the details from last month.

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October 2023 Early Retirement Update

Welcome back to another monthly update from Root of Good! Fall is in full swing here, with the leaves shifting from green to various hues of yellow, orange, and red. The mornings are cool and crisp and the afternoons pleasantly mild and sunny. It’s a great time to enjoy the outdoors since the summertime heat, humidity, and bugs are completely gone. 

Even though we don’t have any travel planned for this fall, I’ve been busy researching and planning future trips in my free time. Our next big trip in about a month will take us to South America onboard a cruise from Miami during Christmas break. And after that, we hope to do a couple of smaller trips in the spring before we spend the whole summer of 2024 in Poland. Busy times!

On to our financial progress. October was a mixed month for our finances. Our net worth dropped by $22,000 to end October at $2,683,000. Our income totaled $2,663, while our spending was a rather modest $1,513 for the month of October. 

Let’s jump into the details from last month.

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September 2023 Early Retirement Update

Hello and welcome back to another monthly update from Root of Good. We started last month with heavy bouts of consumerism, spending money like crazy on a new used car and half a dozen plumbing upgrades. By month’s end, we wrapped up the September projects and purchases and enjoyed more time relaxing in this beautiful fall weather we have right now.

In travel news, we officially have the bookends to our summer 2024 trip in place. We fly into Krakow, Poland in June for a nine week vacation that will take us from the mountains in the south of Poland to the Baltic Sea in the north. Our plans are wide open right now, and we may rebook the plane tickets depending on how our travel itinerary shapes up. 

On to our financial progress. September was mostly negative for our finances. Our net worth dropped by $79,000 to end September at $2,705,000. Our income totaled an impressive $8,498, while our spending was shockingly high at $12,714 for the month of September. 

Let’s jump into the details from last month.

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