How Much Does a Baby Cost? – FIRE Edition

Baby Flamingo #2 turned 1 recently. I thought this would be a good moment to share my thoughts on a hotly debated topic in many FIRE Facebook Groups and on podcasts and Financial Independence blogs: the cost of having a baby in Australia!

Semi-Retirement Update – Q3/2021 – Coasting to FIRE

Money Flamingo Coast FIRE Progress October 2021

Our quarterly updates chronicle our adventures in semi-retirement and our financial progress from Flamingo FI towards complete Financial Independence (and probably Fat FIRE as well). Since we reached Flamingo FI in late 2020, we have not added any funds to our investments and are instead coasting to Financial Independence. You can read all about our … Read more

Quarterly Semi-Retirement Update – Q2/2021

Our current (July 2021) progress on our Coasting FI (similar to Barista FIRE) journey from Flamingo FI to FIRE. We are now semi-retired and have stopped investing.

Where have the last three months gone? How is it July already? I feel like we are stuck in this Covid infinity loop with no end in sight. Anyway, it’s time for another Semi-Retirement update. I’ve broken the update up into three parts – a life update, a financial update and a quick blog update. … Read more

Quarterly Semi-Retirement Update – Q1/2021

Welcome to our first quarterly update since we hit Flamingo FI! Going forward, we will post a life and financial update once a quarter instead of the monthly progress updates we published during our accumulation phase . I have recently written an in-depth article about our plan to coast from Flamingo FI to FIRE in … Read more

Exposed – The Money Flamingo Household’s 2020 spending!

We are back! It has been over 3 months since our last post and I can report that we survived our first few months as a family of four. Today’s post is our overdue 2020 spending report (how is it March already??).

What’s next for the Money Flamingo family?

It has been almost two months since we reached Flamingo FI and completed Project 1000. I would like to thank everyone for your messages and support, it really means a lot! As you might have noticed things have gone a bit on the quiet side on the blog. I am aware that some of you … Read more

Project 1000: September 2020 – 135 Days to Freedom

We are getting so close! As you’ll see below we got so so close to hitting our Flamingo FI goal last month. But at the time of writing in early September, the market has just taken a dive (the NASDAQ in particular) and there might be more to come. I still have the feeling that … Read more

Project 1000: August 2020 – 177 Days to Freedom

Another month, another update. Time seems to fly at the moment. Only 177 days left until the end of Project 1000! Our numbers continue to look good. But as I mentioned in the last update I don’t really trust the market at the moment, it all seems a bit like the silence before the (economic) … Read more