One Life To Live Q1 2018 – The Day We Met Root of Good

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root of good

The first quarter of the year is way behind us, but we couldn’t give it full closure without a new edition of One Life To Live. We’ve done a few exciting things so far this year and one of those was taking a trip to Virginia and North Carolina, where we met Justin from Root of Good and his lovely family.

One Life To Live is our quarterly recap on how financial independence plays an integral part in fueling our true happiness. We have one life to live, but are we making the best of it? Are we living it in the most fulfilling way possible? We hope that our lifestyle answers those questions as we continue to optimize for happiness. Carpe Diem!

As you might know by now, we love going to Latin concerts. Concert tickets are usually not cheap, but it’s something we value and it brings happiness to our lives. So we allocate money to this bucket without any regrets.

This march we went to see one of our favorite Latin artists, Ricardo Montaner, who was performing in Fairfax, VA. Since we were due for a vacation, we decided to make an extended trip out of it and planned a meet-up with Root of Good.

Clip of Ricardo Montaner performing A Donde Va El Amor from the Ida Y Vuelta Tour.

 Our meet-up with Root of Good

We offered to meet up with Justin and Kaisorn at a nearby park or cafe, but he graciously opened up their place as an option. It was so nice of them to open their home to “strangers”. I put that on quotes because you feel like you know each other in the FI community.

I was telling my wife on the way that this is the first time that we’re going to meet someone, but we know so much about them, including their finances. It’s a nice, weird, good feeling.

How do you often do you visit someone and know their finances?

I mean, here’s a couple that accumulated over $2 million so far, retired in their 30’s, and are going to casually meet up with us on a Thursday afternoon. How cool is that!

But you know what makes them so cool? That money or FIRE fame doesn’t get to their head. Since we started publishing on this blog, Justin was one of those first people who commented and congratulated us on our journey. He’s very approachable and genuine.

OMG, I feel like I’m writing a performance feedback form at work. LOL

Anyway, my point is that these are really nice people. Our gathering lasted for at least three hours and those hours flew by as we ate delicious snacks and talked about life events, early retirement and money.

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The Enchumbaos meet the Root of Goods


Virginia and North Carolina Trip

We made a 10-day trip out of this adventure with a loop that began with a two-night stay in Roanoke, VA, three nights in Asheville, NC, two nights in Raleigh, NC, where we met Justin and his family, two nights in Orange, VA, and ended with the concert city of Fairfax, VA.

We also made stops in other smaller towns, such as Culpeper (our favorite historic small town stopover), Lexington, Abingdon, in VA, along the loop, which made each leg of the drive feel shorter and more pleasant.

Our favorite town was Asheville. Between the veggie-friendly organic food restaurants, the organic clothing stores, and the signs in each window welcoming people of all colors and backgrounds, this hippy-like town was totally up our alley.

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Signs welcoming all kinds of people adorned many store fronts in Asheville.

I loved that most, if not all, businesses were local and unique, instead of chains. For a town that seemed to be predominantly white, at least downtown where we stayed, we were pleasantly surprised by the variety of ethnic stores and restaurants.

Here are a few photos highlights of the trip.

Sculptures at the Elmwood Park Art Walk in Roanoke, VA
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Shugoweh is a 300-pound sculpture by artist Jim Respess
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Edge of Decision, by artist Tom Holmes, balances on one point.
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Descending Night by Jack Howard-Potter
Sculptures and statues in downtown Asheville, NC
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Dancing statues – I’m always amazed at how sculptors manage to capture motion in stil art.
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Bronze pig sculptures by Robert Gursky

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Coffee, anyone?

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What a cool concept this is! It’s a coffee-shop in a bus, in downtown Asheville.
Food that we enjoyed on this trip
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Enchiladas A La Diabla at Alejandro’s Mexican Grill in downtown Roanoke. This dish is super hot so you might want to tell them to go extremely light on sauce if you like it mild. Great place, food and atmosphere.
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Who wants some pho pho pho? We satisfied our pho cravings at Champa restaurant in Asheville with this vegetable pho. Yummy!
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That meat-looking thing is tempeh, made from tofu. We tried it for the first time at Over Easy Cafe in Asheville and loved it!

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We never had fried okra before and this dish from Chai Pani, an Indian restaurant in Asheville, didn’t disappoint.
A few pictures of Raleigh, NC

Justin gave us a great tip that all Raleigh museums are free, which is so cool and FI-friendly. We gladly made a donation and spent one of the chilly mornings discovering nature and science findings at The Museum of Natural Sciences.

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The old State Capitol
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The Museum of Natural Sciences


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Skeleton of a Northern Right Whale been exhibited at the Museum of Natural Sciences. This whale suffered a “massive trauma” to her head, evidence that she’d been struck by a ship.

We visited Montpelier during our stay in Orange, VA. It was the plantation house of the Madison family, including James Madison, the fourth U.S. President, who drafted the constitution. We paid to get the guided tour in the mansion. It was worth the $20 per person.

Tip: if you come on the weekend, you also get a free tour of the Slave Community with insightful and thought-provoking stories around 1 PM. Plus, they recently opened an exhibition in the main house about slavery. We ended up timing our house tour, followed by the Slave Community tour, then a yummy lunch at the Welcome Center cafe, and finished with the exhibition and pleasant walks around the grounds. All in all, we spent about five hours there, which was a nice island pace for an non-island place. 🙂

It was a very educational visit, one that brought the realities of American history to life, as well as the remnants of issues we are still seeing today. It was great to have several conversations about it there and afterwards, instead of sweeping it under the rug.

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These grounds, close to 2,700 acres of land, have a ton of history dating back to slavery.
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This restored train station has two entrances: one for “white” and another for “colored”. Since we both immigrated to the U.S., it really hit home what people went through here a mere 60 years ago.
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This is the Washington and Lee University campus, which we briefly visited on our stopover at Lexington, VA.

Those were some of the highlights of our NC/VA trip. Now for the number lovers, we’ll proceed to discuss our basic spending, portfolio income and performance for the first quarter.

Passive income and expenses

The following is a streamlined report that takes very little time to produce, therefore, giving us time back to get back to living our lives. It stays within our theme of having one life to live and maximizing our time for happiness. What’s included in these reports? At the end of the day, people need food, shelter, mobility, the ability to pay the bills and take care of debt payments. So, these are the expenses that we concentrate on.

Bare-bones expenses

Bare-bones spending for Q1-2018

This is how we spent money on the most basic needs during the first quarter.


 Quarter Amount 

2018 Monthly Average


*Net Rent+$105.83+$35.28We have a surplus since we didn’t have to pay for any repairs or tax bills for the quarter on our rental property.
Bills & Utilities$510.31$170.10
Debt Payments$0$0
Auto & Transportation $490.61$163.54A few repairs came up during an oil change visit.
Home Supplies$356.05 $118.69




That sums up our bare-bone spending for last quarter. It was normal spending for most categories. You can click here to see our latest annual spending post.

Passive income


Our dividend income continues to increase as we accumulate more assets. What a difference a year can make in dividends. We received $5,659 in income and had a 55% increase from a year ago.

Our dividend income comes from index-based investments and not individual stocks. We’re too lazy, and realistic, to worry about investing in individual stocks when we can invest in the entire market and still get a decent return.


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Passive Income Main Categories


 Quarter Amount 

2018 Monthly Average


Portfolio Returns

Our entire portfolio, including the house funds (NCF), which are mostly invested in bonds, returned a negative 1.45% for the quarter. So far we have gotten a little less than what we have invested this year. It’s the nature of the beast and a down market can create buying opportunities, so we are good either way.

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Our first quarter returns trailed the S&P 500 by less than half of a percent.

Road to retirement

Our early retirement date is still on target. We haven’t made it public yet, but you’ll know when the time is right. 😉 There are a few surprises in store. In the mean time, we continue cooking great meals, so let’s see some of the dishes that came out of our kitchen.

From the chef’s kitchen

Cooking your own meals is a great way to eat healthy and save money. A great advantage is that you can cook with better ingredients and know what’s going into your food.

Here are some of the meals that we cooked last quarter.

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Mrs. Enchumbao craved some draniki (Russian potato pancake that you eat with sour cream) and I obliged.
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Salmon teriyaki with rice, because sometimes you just gotta have the rice! 🙂
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Pasta aioli is a dish inspired by the Korean drama Pasta. Ever since we watched that show, we can’t take it off the menu. We do use a ton of garlic.
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More salmon, pan-seared.
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Our version of eggplant parmesan. This is more like baked eggplant with spices, bathed in eggs and covered with bread crumbs. It goes well with pasta. See next dish.
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Fettuccine with veggies and eggplant in a marinara sauce. This is the perfect vegan dish. No cheese needed.

What’s next?

We have a trip to New England coming up in May and then a few gatherings with friends and family. We’ve been going to FI meet-ups whenever possible. Last month we went to a local ChooseFI Meet-up in King of Prussia, PA, met some really cool people, and talked about financial topics, ideas and goals.

It was amazing to be part of a tribe of individuals who praised each other for saving more and being happy, rather than the judgment we all typically get from the non-FIRE crowd. We hope to attend a few more meet-ups this year. These meet-ups are very energizing and we recommend you attend them whenever possible to stay motivated on your FIRE goals.

What are you doing to optimize for happiness? Have you been to any cool meet-ups lately? What was a great topic of discussion?

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Mr. Enchumbao

Mr. Enchumbao retired at 44. He worked for 13 years at Vanguard, primarily as a Communications Project Leader in the Institutional Division, helping people save for retirement.

    • Mr. Enchumbao

      “One Life To Live is our quarterly recap on how financial independence plays an integral part in fueling our true happiness. We have one life to live, but are we making the best of it? Are we living it in the most fulfilling way possible? We hope that our lifestyle answers those questions as we continue to optimize for happiness. Carpe Diem!” 🙂

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