These are tough times. The world is on lock-down. People are losing jobs or are getting pay-cuts. And the probably worst thing of all is that we don't know when this is going to end. Therefore, now more than ever, it is important to manage the money we have in the most cautious and structured … Continue reading 5 Tips how to manage your time (and budget) now
Today is the last day of the first week of December and it's about time to get serious about the plan for 2020. I have spent some sleepless nights on reviewing my personal budget for the next year, adjusting savings targets, expenses and thinking about upcoming opportunities. Health For 2020, I target a savings rate … Continue reading Planning the next year
...begins with a single step. There might be twists and turns, ups and downs, but once we start walking and frequently check our compass, step by step we get closer to the finishing line. Reaching the goal of financial independence requires a substantial amount of money in savings and investments. Getting there is not easy … Continue reading A journey of a thousand miles…
One of the most common recommendations for solid financial planning is to have a personal budget in place. It can help you immensely to allocate your resources where they are needed the most, to analyze your expenses and to stay on top of your finances at all times. So it's not surprising to hear this … Continue reading You should have a personal budget, right?
Time is your single, most important asset. It's probably the only, completely undisputable truth that anyone can find and verify for himself in this world. Time is limited, and every minute, every second that is passed, won't return. It didn't take me long to recognize this, subconsciously, but it took me a while to truly … Continue reading Investing Time
We all have some guilty pleasures. The movie, that everyone hates, but that you secretly enjoy watching over and over. The song, that you would never admit to your friends to have it on your playlist, but that you just have to listen to every now and then. The fast-food burger, that everyone know is … Continue reading Guilty pleasures
The world is full of great, smart and amazing people, who have or had the gift to understand and connect some of the dots that happened in their lives, and to turn them into truly powerful statements. Some of these statements turned out to be true not only for them but also for others. Thus, … Continue reading What to do today?
It's funny how humans deal with their own aspirations, and I don't mean it in an entertaining way. One would assume that having an exciting goal or target ahead of us would already offer enough inspiration and motivation to do everything possible to get there. But for most parts, people tend to keep dreaming rather … Continue reading Have a plan
Before we get to the point that we can talk about saving, investing, passive income and ultimately, early retirement, we need to have cash on hand to work with and no matter your circumstances, whether you are a top paid executive or a day-to-day worker: If your expenses are higher than your income, then you … Continue reading Frugal living basics
My blog is all about getting out of the rat race and I believe if anybody finds his way to this website, he or she will already have a pretty clear idea of what the rat race is, but I will give it a shot anyway and try to dig a little deeper into this … Continue reading Enter The Rat Race