The Joy Of Missing Out (JOMO) comes natural to Financial Independence Retire Early (FIRE) aspirants as well as to those who have already taken the FIRE journey! The way they have decided to live their lives in order to reach FIRE as fast as possible means they are constantly making priorities different to the average person, hence experiencing JOMO frequently and so can you. FIRE? Is the acronym for the movement
Many savings accounts are currently paying zero or very marginal interest rates and there is a reason for that which I wanted to explain in an easy manner since many people seem to wonder why this is. Why you used to get interest Historically you always got interest when you deposited money with your bank. Unfortunately that has changed over the last few years and most savings accounts today don’t
Have you ever thought about a long term stay abroad but guessed it would be too expensive? We have just spent 6 weeks in Spain, including Christmas and New Years and yes it can be expensive but it doesn’t have to be! As we tend to frequently get questions about our lifestyle, how we can afford this and that and how much we must be spending etc, I decided to
Let’s be honest, have we not all thought about this question at some point in our career? There might actually be an answer to that and a way to FIRE your boss which I will go through in this post. It’s based on the “4% rule”, often used by the members of the Financial Independence Retire Early (FIRE) community. Imagine a life on your terms even before the “normal” retirement
“We are what we repeatedly do. Excellence, then, is not an act, but a habit.” – Will Durant Is today just like yesterday? For most of us our days are very, very similar. What has happened is that we often have the same thoughts every day and numerous times per day. These thoughts, create certain patterns in our brains which dig deeper and deeper. Our thoughts impact our actions and
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The 4% rule to FIRE!
The 4% rule or the Safety Withdrawal Rule (SWR) is often used in the Financial Independence Retire Early (FIRE) community.
It is more a rule of thumb rather than a fixed rule, but one that many are...
FIRE aspirants – winners in falling markets!
FIRE aspirants will always be winners in falling markets, as long as the market performs over time, since they are in the accumulation phase towards FI!
The key thing is that you are consistent wit...
Buying a new car – Wake the fck up!
The impact of buying a new car versus a second-hand one can be significant. The difference between how Joe and Frederic did it is 127,000 USD!! What you do, the way you do it and how you prioritize in...
Playing with FIRE?
We all know that we should never play with real FIRE and that is not what this post is about. It is about you playing with the concept of Financial Independence Retire Early (FIRE)! If you have not st...
The Wealth Pyramid
The idea of the Wealth Pyramid is for you to get a clear picture of what the different steps in the pyramid looks like to you. By laying a great foundation, making it robust and seeing it grow you wil...
The Bucket System – Automating your Finances
Automate your finances using the bucket system and financial stress and anxiety will become something of the past. Imagine how that would feel so why not just make it happen?! The steps are simple and...
Definition of Wealth – what does it mean to you?
I want you to become wealthy! In order for that to happen, you first need to know what wealth means to you and what your definition of wealth is. Wealth can mean many different things but to most peop...
The Language of Money – a language for life
Besides from your native tongue, there is one other language everybody should learn and that is the language of money.
Money will be part of your life, all your life and not being able to speak nor...
Why we don’t eat wheat
You might have noticed that we try to avoid gluten in our lifestyle and would not have that cinnamon bun, sandwich or pasta lunch. But why is that? What's the harm in gluten really? Well, actually th...
Are you making money whilst sleeping?
There is no secret to how Warren Buffet has become ultra wealthy, he invests in the stock market. This is generating income for him 24/7 and you can do the same. You don't have to be super smart, you ...
Are you giving away HALF your PENSION (in investment fees)?
You have to know how much fees you are paying on your long-term savings (pension). Up to 50% could disappear in fees! This means your total retirement fund can be half of what it could have been, had ...
How To Change Your Money Mindset!
Changing your money mindset is quite easy as soon as you start making a habit out of it. The way you currently think and relate to money is your current money blueprint. If you have a poor money minds...