Tag Archives: Financial Independence

(Disclosure: Some of the links below may be affiliate links) If you want to reach Financial Independence and be able to retire, you need to know how much you are going to spend while retired. If you are retiring next year, it is straightforward to know how much you are going to spend. However, if you are going to retire in a long time, it is not trivial to estimate how much you will spend in retirement.I have already talked about the different ways tor each Financial Independence (FI)....

(Disclosure: Some of the links below may be affiliate links) You have probably heard a lot about Financial Independence. A lot of things on this blog are about my path to Financial Independence (FI). But why would you want to be financially independent? There are many reasons for wanting to be financially independent. And as you will see, retiring may not be the most significant reason. In this post, I am going to list the main reasons people want to be Financially...

(Disclosure: Some of the links below may be affiliate links) You have probably heard a lot about Financial Independence. A lot of things on this blog are about my path to Financial Independence (FI). But why would you want to be financially independent? There are many reasons for wanting to be financially independent. And as you will see, retiring may not be the most significant reason.In this post, I am going to list the main reasons people want to be Financially Independent. Of course, the...

(Disclosure: Some of the links below may be affiliate links) These days, most of your personal finances are probably online. You probably have access to your bank through an online banking platform. Also, you are likely to access your broker through your browser or through your phone. If someone is getting access to your online personal finances, he can do a lot of harm! You need to protect yourself! It is very important to protect your Online Personal Finances!...

(Disclosure: Some of the links below may be affiliate links) These days, most of your personal finances are probably online. You probably have access to your bank through an online banking platform. Also, you are likely to access your broker through your browser or through your phone. If someone is getting access to your online personal finances, he can do a lot of harm! You need to protect yourself!It is very important to protect your Online Personal Finances! There are many things you can...

(Disclosure: Some of the links below may be affiliate links) We have already covered many investments on this blog. But we have not yet covered gold as an investment! Most people know Gold as a metal, and a lot of people have some at home in the form of jewelry.But not many people know that we can invest in Gold. There are several different ways of investing in Gold.But should you invest in Gold? And how can you invest in Gold?In this article, we are going to answer these two questions. We...

(Disclosure: Some of the links below may be affiliate links) When you are trying to reach Financial Independence (FI), the best way to reach FI faster is to increase your savings rate. Your savings rate is the amount of your net income that you can save.For increasing your savings rate, you have two options. You can either spend less or grow your income. These two options will directly increase your savings rate. And as a result, they will speed up your road to Financial Independence and make...

The current crisis is not a good thing. However, it is not the end of the world. And it can teach us some things about being socially isolated. Let’s stay positive and try to learn from this unprecedented isolation. During this crisis, we have been learning many things. Some of these things we were already doing, and we only realize their importance now. But for other things, we understand that we can improve some things in our life. That way, the next time we will...

(Disclosure: Some of the links below may be affiliate links) The current crisis is not a good thing. However, it is not the end of the world. And it can teach us some things about being socially isolated. Let’s stay positive and try to learn from this unprecedented isolation.During this crisis, we have been learning many things. Some of these things we were already doing, and we only realize their importance now. But for other things, we understand that we can improve some things in our life....

(Disclosure: Some of the links below may be affiliate links) Neon and Revolut are both digital banks. However, they are very different banks. Until recently, they both were very complimentary. But then, something changed!In January 2020, Neon announced that they removed the fees for payment abroad with their cards. It means that they are now a direct concurrent of Revolut, which everybody is using to save on currency exchange fees.This new information makes it interesting to compare the two....