Tag Archives: Financial Independence

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) For a lot of people, having a strict routine will help remember essential things. It is the case for me. I like routines. Each month, I am following the same personal finance routine for my budget. You can see most of the results in my monthly finance reports. In this post, I am going to describe the steps I am doing every month.I think it is great to have a routine. It helps you get more efficient,...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) There are many personal finance myths out there. And many people believe in these myths very strongly. Basing your decisions on myths can do a lot of damage to your finances.For instance, many people believe only the rich can invest in the stock market. It is just a myth. Anybody can invest in the stock market. And many personal finance myths like this are being propagated.Many of these personal...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) Today’s post is a guest post by Financial Wolves, a blog about making money with side hustles to help you achieve financial freedom. I am very happy to have them as a guest poster today. Most people hear the phrase “personal finance” and run the other way. However, personal finance is not something to be scared or nervous about. About 50% of all American households live paycheck to paycheck.At the...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links) Everybody will make some mistakes in his life. There is no way around it. Over the years, I made many investing mistakes.One thing that is very important with mistakes is that you learn from them. Not only should you not repeat your mistakes. But you should also improve your knowledge after you have made this mistake. You need to understand why this was a mistake and how not to do it again.It is...

TwitterFacebookPinterestLinkedin(Disclosure: Some of the links below may be affiliate links)To choose a safe withdrawal rate, you need to know its chances of success. For that, you can use historical data from the stock market. This lets you see the chance of success for each withdrawal rate. Today, I am making this easier for everybody with a free FIRE Calculator!Recently, I have been playing a lot with Withdrawal Rates simulations. I am using a lot of data from the U.S. stock market to see...