One of the key steps to reach a savings goal and thus Financial Freedom by extension, is to spend less than you earn. Let’s see how wants and screw your savings.
Almost 3 months ago, I said goodbye to a nice job. I had decided to join a start up. I was curious to see what business life in a startup would be, what would be the challenges, how would I behave in that environment.
Like most people on the journey to Financial Independence, I have a series of spreadsheets filled with a lot of data and formulas. These documents allow me to track my progress on the Amber Index and in play money. Are they helping me to communicate with my wife? How could the cloud help me even … More How spreadsheets facilitate communication.
Why would you ever spend 60€ per hour on entertainment? There is much better value for money that can be found in this space. And yet, that is what me and my family did this Sunday.
The only one to blame for the loss is Amber Tree Leaves. Not trading options, not the market. Me… I do consider this a valuable lesson. Let me tell you why.
Having goal and plan in place means that you have to stop and look back once in a while to see where you are compared to the plan. Are we doing fine, is our goal still realistic?
After having a few beyond expectations income months, I wondered how long it would last before I hit the wall. Well, we finally have the answers! Funny enough, it was not the Market that made me hit the wall, it was Amber Tree that did this all by himself! Well done…!
The below post was foreseen to participate on the Personal Finance Olympics series of another blog that no longer exists. I just wanted to share info on Belgium with you so you get to know my little country a little better.
My investing is for the longterm. One of the pitfalls to look every minute at your portfolio. It can become an obsessions, it interrupts your daily work and family life. You can become addicted to the ticks up and down.
Keeping track of your numbers is a great way to see where you are on the journey. It also allows to adjust the plan if needed. Not doing this means that you drive with your eyes closed. Have you ever tried this? what were the results?