I know not everyone is aiming for early retirement, and that’s totally understandable. However, I have one suggestion that everyone should be working toward regardless of where you are in your financial life: an emergency fund. The amount of your emergency fund may vary based on your life circumstances. Conventional budgeting suggests that you maintain 3 months income (or 3 months of your expenses) as your emergency fund in case of job loss. However, as an enlisted military family, it seems very unlikely that Eric would lose his job unexpectedly at no fault of his own, so we can reasonably […]

The description of my blog is generally listed as “a financial independence blog for military families,” so I thought I would take some time to clarify what financial independence means to me. In some cases, people mean financial independence to mean to not depend on anyone, like parents or friends, for financial aspects of their lives. Many may consider themselves financially independent when they move out of their home and pay rent and all their own utilities. This is a logical definition, but it is not the way I think of financial independence. Financial independence is the financial freedom to […]