I had two weeks of holiday in August, and I managed to spend them actually fairly cheap: I got to stay at a chalet in the ardennes for free of someone I know. I went their for just 3 days but I loved it there, I spend most of my time out in nature with… Continue reading Savings Rate August 2020: drop to 11%
July was a fairly good month, one the one hand my expenses for "hobby's" (mainly sports), rose rather high, on the other hand I was able to keep most of my other expenses in check. Expenses Lets start with the expenses and compare June and July The highlights Housing costs have slightly increased to 826… Continue reading Savings rate July 2020: slight increase to 33.99%
Investment update in July 2020 The stockmarket is rising slowly. Altough its summer, summer has never been a really bull month for the stock market, and with a second wave approaching Europe I am surprised that it is not dropping further. Perhaps its because of the 1600 Biljard EUR the EU will pump in the… Continue reading Investment update in July 2020
I realized I never actually went deeper into my reasons for fully leaving peer to peer. So here are my reasons why I decided to cease investing in peer to peer and only invest in real estate and the stock market. #1 Its not actually passive What I realized that with some sites you need… Continue reading Eight reasons why I moved out of peer to peer investments
Finally the drop of income due to no travelling for work is starting to become clear. Travel will probably only pick up again near the end of the year so until then I will need to accept a lower income.
The stockmarket didn't really seem to know what it wanted this month, we had a few drops and a few rises, but in general nothing to indicate that corona is behind us or that we are tumbling into a deeper crisis. I guess the stockmarket really hasn't made up its mind. Its not unexpected given the record breaking infections that we see across the world and especially in US that is dominating the stock market.
Its now June Belgium has been stuck in the age of Corona for 3 months now. But again a month has gone by, read bellow what was changed and how this affects my life!
Hobby's can have a bigger influence then you think about Financial independence. Remember every euro you spend is a euro less you can invest. I have done a dozen of different hobby's in my life, sailing, surfing, horse riding, scuba - diving, running, swimming, .. and the list goes on. Until I knew FIRE I… Continue reading How cycling will help you reach Financial Independence faster
How could I have FIRE blog without a plan to retire early? Its time to change that! What is a FIRE number? Your FIRE number is the number you need to retire. Its the amount in investments you need to reach before you can officially say you have enough money to no longer work for… Continue reading Setting my first FIRE number: when can I retire early?
I would like to say that thanks to my cunning saving plans I managed to get a nice savings rate, and while I can say that my expenses are actually the lowest in over a year, I could not have done it without also having a boosted income in April! Read on and find out how I managed to get such a high savings rate. Everything will be reveled!