Updating Our Pendant Lights

Hi! If you’re new here, I’m Laurie and my family and I are on a three-year journey to location independence by doubling our net worth so we can move abroad.

pendant lights--www.thethreeyearexperiment.com

During our three year experiment, one of our goals is to get our house ready for sale. To that end, we asked a realtor to visit last month and give her opinion of what needs to be done to make the house ready. It turns out, a lot. But the good news is, we have time to tackle all of these projects slowly, so we’ll be able to do a lot of the work ourselves.

Mr. ThreeYear and I are not DIYers. And we’re not especially detail-oriented. But we are committed to amplifying our skill set and learning in order to get the house ready. Continue reading “Updating Our Pendant Lights”

Outfitting Your Kids

Mr. ThreeYear and I practice selective frugality. That is, we spend our money on the things that matter to us, but minimize spending in areas that don’t matter. One of those areas is clothes. While I haven’t been on a three-year clothing ban like Mrs. Frugalwoods, I minimize costs in this area whenever possible. We also have two kids and live in Winterfell–I mean, New England–so we have growing bodies to clothe through our long, snowy winters.

Snow--www.thethreeyearexperiment.com
Happy winter. And Spring.

So how do we outfit our Little ThreeYears each year Continue reading “Outfitting Your Kids”

Are You the 1%?

Last night, my son asked me to replay a video I’d shown him last year.  It’s called If the World Were 100 People. Maybe you’ve seen it. One of my professors in a TESOL (that’s Teaching English to Speakers of Other Languages if you’re new here) Master’s course had introduced me to the video last Spring.

World 100 People--www.thethreeyearexperiment.com

If you’ve got two and a half minutes, it’s a great watch.

The company that developed the video, GOOD Magazine, used research from the Central Intelligence Agency’s World Factbook to give us an idea of what our world would look like if its 7.5 billion inhabitants were reduced to a mere 100 people. 100 is a number we can wrap our brains around fairly easily. We all know 100 people. We’re probably friends with 100 people. Continue reading “Are You the 1%?”

A Year of Good Habits: Quarter One Update

We have officially completed the first quarter of the year! We’re calling this year, which is Year One of our family’s plan to reach location independence, the Year of Good Habits. Each month, I focus on improving or developing one new habit. Sometimes the habits are directly related to personal finance and sometimes they’re related to general self-improvement.  At the end of each month, I have been continuing the last month’s habit (or trying to) and adding a new habit in. (But, just for totally transparency, I would not recommend starting so many new habits in one year for the average person. This is more an experiment for the blog. In real life, I try to add in one or two new habits a year).

Quarter One Update--www.thethreeyearexperiment.com

Habits–whether intentional or not–have been proven to be incredibly important. They are routines that are so ingrained into our days that many of them we follow without realizing we do so. Continue reading “A Year of Good Habits: Quarter One Update”

Make It This Weekend: Kuchen!

This past weekend, Mr. ThreeYear’s sweet tooth was activated. Unfortunately, my emergency supply of cake mix was depleted, so we had to resort to Plan B. “I would love some kuchen right about now,” he said.

Kuchen--www.thethreeyearexperiment.com

Kuchen, which originated in Germany, is a delectable cross between a fruit pie and a tart. Let’s start with the pronunciation. I know it’s tempting, but it’s not in fact pronounced like kitchen with a “u”–instead, coo at a hen and you’ve said it correctly. Continue reading “Make It This Weekend: Kuchen!”

Can You Shop Zero Waste and Be Frugal?

I discovered the Zero Waste movement, like so many others, when I stumbled on Béa Johnson’s blog, Zero Waste Home. Zero Wasters try to purchase and create as little trash as possible. People like Bea, who really originated the movement, get so good at it they can put all of the trash they generate in a year in a mason jar–everything else is refused, reused,reduced, recycled, or rotted, in that order.

Zero Waste and Frugal--www.thethreeyearexperiment.com

The movement is super inspiring. Paying attention to how much trash you purchase and/or generate gets you thinking about how much waste we, as a society, generate. Zero wasters freely admit that for most people, creating no trash is really hard, if not impossible. The idea is to reduce as much as possible the amount of trash you create, to really think about what you purchase and be creative about ways of buying stuff with less packaging.

The biggest place you can make a difference in the amount of waste you make is at the grocery store. Continue reading “Can You Shop Zero Waste and Be Frugal?”

How We Spent $0 on Clothing Our Kids This Year

If you have kids, you know that outfitting them can be a challenge. Kids grow so quickly that they can sometimes shoot up a size overnight. This growth magic apparently happened to my youngest son night before last, because yesterday he told me, “Mom, I can’t button these jeans. They’re too tight!” Because I heart hand-me-downs, I pulled out my Voodoo-Overnight-Growth-Thing-Happened-Larger-Sizes-Clothing Container.

Box of clothes--www.thethreeyearexperiment.com
The container!!

I’ve heard people say (ok, it was actually just one), “I would never let my child wear someone else’s jeans. That’s just gross.” No, that’s just ridiculous. Continue reading “How We Spent $0 on Clothing Our Kids This Year”

That Time I Moved to a Different Continent

Our family is on a journey to become location independent in three years. One of our plans is to move across the world for a few years. Today, I’ll share the story of the last time I moved to a different continent.

Moved Continents--www.thethreeyearexperiment.com

Travel back with me, to many, many, many (ok, not quite so many) years ago. The setting: a shabby chic apartment near my college campus. Two twenty-something women are starting to realize that the real world was closer at hand than they would like: Continue reading “That Time I Moved to a Different Continent”

On Continuous Improvement

“It’s simple. You just take something, and then you do something to it. Then you do something else to it. And then something else. Keep this up and pretty soon you’ve got something.”

-Jasper Johns, Twentieth century American artist (who, incidentally, grew up near my hometown)

Continuous improvement is an idea that comes from the business world. After World War II, Japanese manufacturers invited W. Edwards Deming, an American engineer, professor, and management consultant, to their country to help them improve their manufacturing and production processes. Before the war, Japan was synonymous with cheap goods and shoddy craftsmanship. Deming taught leaders that improving the quality of their products would reduce expenses while increasing productivity and market share.

boy in mask--www.thethreeyearexperiment.com

In 1982, Deming published a book, Out of the Crisis, outlining his philosophy. “Long-term commitment to new learning and new philosophy is required of any management that seeks transformation. The timid and the fainthearted, and the people that expect quick results, are doomed to disappointment.” Continue reading “On Continuous Improvement”

Closet-to-Bathroom Conversion

Part of our family’s plan for becoming location independent in the next three years is to sell our house and convert the equity into equities (excuse my bad finance joke there). We bought a short sale in 2012 and have lived in the house for five years. By the time we’re ready to move, we will have lived here for seven and a half years. Which is exactly half the length of our 15-year mortgage. (If only that meant half of the house would be paid off…. But I digress…).

closet to bathroom conversion--www.thethreeyearexperiment.com

Since we were fortunate enough to buy an undervalued property, we’re hoping to sell the house for quite a bit more than we paid for it, but to do so will mean some strategic investments. Continue reading “Closet-to-Bathroom Conversion”