July 2025 Early Retirement Update – British Isles Cruise Edition

Welcome back to another monthly update from Root of Good! I’m back home in Raleigh for a few days between trips so I’ll give an update on what we’re up to. 

We just returned from Europe where we spent two and a half weeks in late July and early August cruising around the British Isles, Ireland, Isle of Man, and northern Europe. We also had a full day in London before our cruise to explore the city. 

The itinerary for our July/August cruise had some overlap with our June British Isles cruise however we still made it to many new ports of call this time around. The weather was also much nicer in July and August. 

In the next couple of days we hit the road (skies? waves?) again for a week-long Caribbean cruise with two of our kids. Our middle child just graduated college and doesn’t have a job yet, so we’re squeezing in a short family vacation with her before she gets busy with work. When we return to Raleigh, it’s back to school for our son who will begin his last year of middle school. 

On to our financial progress. July was a great month for our finances in every regard. Our net worth increased by $41,000 to end the month at $3,638,000. Our July income of $7,163 was way more than enough to cover our spending of $1,992 for the month.

Let’s jump into the details from last month.

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May and June 2025 Early Retirement Update – Busy Travel Season Edition!

Welcome back to another monthly update from Root of Good! This is a bonus edition covering the last TWO months. Many readers reached out to me to find out where the May update went. The truth is I was way too busy with a series of back to back to back cruises around the world. I only had a few days in Raleigh between each cruise, so I had to focus on other things while in town.

In May we flew to the west coast and took an 11 night cruise to Alaska. After that, we flew home for a few days. At the very end of May we flew to London to start our two week cruise around the British Isles and Europe. 

Once home in Raleigh again, we set out on a week-long cruise around the Caribbean with two of our children. One of our kids graduated college in May. She started her new full time job at the very end of June, so we squeezed in one last family vacation before the “fun” of a career starts for her.

Right now we’re enjoying almost a month at home in Raleigh before we head back to Europe for another two week cruise and a bit of London explorations. 

On to our financial progress. May and June were excellent for our finances! I should travel and ignore my finances for two months at a time more often because it seems to be working well. Since April, our net worth increased by a whopping $246,000 to end the month of June at $3,597,000. Our combined May and June income of $17,628 was way more than enough to cover our spending of $8,193 for the two month period.

Let’s jump into the details from the last two months.

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April 2025 Early Retirement Update – Springtime Animals Edition

Welcome back to another monthly update from Root of Good! We spent most of April at home enjoying the springtime flora and fauna. But we also managed to squeeze in a week in the Caribbean on board the Holland America Rotterdam cruise ship. 

Right now we are just a few days away from commencing a six week period of busy travel that brings us to the west coast of the USA, then Alaska, Europe, and at the end of June, back to the Caribbean. We’ll be back home for a few days here and there but mostly on the road during that timeframe. 

I’ve spent a big part of April taking care of “business” at home. Working on financial planning and filing taxes, tackling some chores and repairs around the house, and visiting with family and friends. Since we’re doing a lot of traveling, I’ve been doing a lot of research and travel planning as well. I’m basically a part-time travel agent these days (with a customer base of one very demanding client – me!).  

On to our financial progress. April was a decent month for our finances overall. Our net worth increased very slightly by $4,000 to end the month at $3,351,000. Our April income of $3,581 was almost enough to cover our spending of $4,261 for the month.

Let’s jump into the details from last month.

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January 2025 Early Retirement Update – Winter Edition

Welcome back to another monthly update from Root of Good! The new year is in full swing and off to a good start so far. We just got home from an 11 night cruise to Mexico out of San Francisco. And in two weeks we will set sail again for two weeks in the warm Caribbean waters. 

While I’m at home for a few weeks at a time, it’s always a scramble to take care of chores around the house, take care of some car maintenance, and keep an eye on my financials. It’s not all productivity – we’re also busy spending time with our kids and visiting with family and friends. 

So far we’ve managed to dodge the worst of winter by escaping to warmer climates. And now that it’s mid-February, winter is slowly withering away and it’s getting nicer and warmer outdoors here in North Carolina. By the time we get home from our next cruise, spring might be in full swing! 

On to our financial progress. January was a great month for our finances. Our net worth climbed by $89,000 to end the month at $3,322,000. Our January income of $4,117 was just a bit lower than our spending of $5,091 for the month.  

Let’s jump into the details from last month.

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Where We Stayed During Our Two Month Vacation in Poland

Here’s a special mid-month update from Root of Good! A reader asked for more detail about the lodging we usually book on our multi-month vacations. 

Phillip wrote:

“I am constantly amazed at how frugal you are able to travel, especially on big ticket items like lodging. It would be great to see lodging pictures, like the apartment and hotel you stayed at. That would greatly help me understand what value for the buck you are getting in different places.”

To summarize our overarching philosophy on lodging choices, we’re looking for a good value for nice, comfortable places to stay. 

High priorities to us:

Cleanliness
Convenience
Quiet
Simple
Affordable

Our usual search filter when four of us travel as a family is “highly rated, two bedrooms, and three beds”. This filter gets us apartments where the kids have their own bedroom to share and each kid has their own bed. And no one has to sleep on a sleeper sofa in the living room.

I set the price filter to max out somewhere at or just below the median rental price for the area and start looking at the less expensive properties first. If nothing acceptable appears in the search results, we go up in price in $10/nt increments until something nice shows up.

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August 2024 Early Retirement Update – Saying Goodbye To Poland

Welcome back to another monthly update from Root of Good! After spending over two months exploring Poland this summer, we have enjoyed the past month of relaxation at our home in Raleigh now that we are back. As this post goes live, we are mere days away from setting off for a two week cruise to Alaska to finish out the month of September. 

October and November will be similarly busy with a lengthy cruise scheduled for each of those months.  Then we have the Thanksgiving and Christmas holidays back at home in Raleigh. The rest of 2024 looks quite busy! 

On to our financial progress. August was another great month for our finances. Our net worth shot up by $63,000 to end the month at $3,312,000. Our income of $2,604 was a bit less than our spending of $3,348 for the month of August.  

Let’s jump into the details from last month.

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July 2024 Early Retirement Update – Second Month in Poland Edition

Welcome back to Root of Good, folks! After a very busy nine weeks of summer vacation in Poland, we are finally back home in Raleigh. We capped off our trip in Poland with nine days in Gdansk near the Baltic Sea before flying back to the United States. 

After a summer of exploring castles and cathedrals, narrow alleys in old villages, and tree-lined valley trails leading to waterfalls on the mountainside, it’s great to finally be home where we can relax in comfort. We have a full month before we hit the road again for a two week Alaskan cruise in September. 

Right now, we’re busy with the kids’ back to school activities. Two kids start college the day this post goes live, and the youngest kid will start seventh grade in about a week.

On to our financial progress. July was a stupendous month for our finances. Our net worth shot up by $129,000 to end the month at $3,249,000. Our income of $10,092 exceeded our spending of $3,735 for the month of July by a wide margin.  

Let’s jump into the details from last month.

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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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