Blog Post of the Month

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Blog Post of the Month – August 2020

When aiming at Financial Independence, earning some extra money with a side hustle is a way to reach your (money) goal faster. Once you reach FI and no longer need to work in a 9-to-5-job, a side hustle might be a good idea to still earn some money but be more flexible when it comes to working hours. There are lots of ideas for side hustles, from doing online surveys to renting out a spare room or dog walking and…

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Blog Post of the Month – July 2020

Happiness is something every single one of us strives for. Feeling fulfilled, at peace, and connected. But how can we achieve that? In which moments do we feel most happy? How can we increase happiness? And which role does money play in the equation? There are many scientific studies which examined the links between money and happiness. There is no quick and easy answer to the question if money can buy you happiness. The article that received the most interest…

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Blog Post of the Month – June 2020

Are you new to the concept of FIRE (financial independence, retire early)? Or have you ever wondered what all these acronyms and formulas (“4% SWR”, “25x annual expenses”) are really all about? Or maybe you have a colleague or a friend you would like to send a link to explain the basics of FIRE? Plain figures and charts are nice, but wrapped in a personal story, it gets more tangible and real, right? Mr. MP lives in Switzerland with his…

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Blog Post of the Month – May 2020

When it rains, it pours. Being made redundand in the current times of crisis and getting another refusal for a job in a different industry is quite bitter. It is also a setback on the way to FIRE. But it can be a wake up call. The moment to change one’s plans in a radical way. The FIRE community is full of ideas to generate income and people with interesting careers, so plenty of inspiration for a career change. The…

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Blog Post of the Month – April 2020

After 10 years in a bull market, now we’re in a bear market. Good news is: bear markets don’t last very long. And while buy and hold investors simply continue buying stocks – currently at discounted prices – other investors are more active. Selling stocks, shortening some positions, thinking about currency risks, looking at charts, trying to buy back into the market at the right moment, comparing the current crash/bear market with historical bear markets and so on. Ermine from…

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Blog Post of the Month – March 2020

March has been the month when the corona virus / Covid-19 hit Europe – including the FIRE and investing blogosphere. While financial bloggers were writing about crashs, bear markets, investing opportunities and so on, other people had other problems. Toilet paper for example! The article that received the most interest here on FIREhub.eu last month deals with the Corona crisis, but not from an investing point of view. From a zero waste point of view. This could be the eco-friendly…

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Blog Post of the Month – February 2020

I have read several “how I’ll reach Financial Independence in just 5 years” posts. Most of them were written by young, high-earning men who lived very frugally and didn’t include children in their calculations. The article that received the most interest here on FIREhub.eu last month deals with exactly the same topic of retiring early in 5 years, but is written by a married man in his late forties who has a big family of 6 children (yes, six!). His…

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Blog Post of the Month

Blog Post of the Month – Janurary 2020

Somewhere in your journey to FIRE, you most probably do the maths to see when working for money would become optional. Some people, including bloggers, even have a countdown, counting the years, month, days until they can quit their job because they have saved enough money to live off. But what if something changes on the path to FIRE? Are your calculations correct? What if the money you saved is not enough!? Weenie from Quietly saving is getting nervous as…

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Blog Post of the Month – December 2019

“Everybody needs a budget!”, “build up an emergency fund of 3 to 6 months of expenses”, “renting is better than buying a house” – these are just some of the opinions and advice you can read on personal finance blogs. But is the (finance) world all black and white, or are there shades of grey, exceptions to the rules or cases where it depends? The blog article that received the most interest last month here on FIREhub tries to debunk…

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Blog Post of the Month

Blog Post of the Month – November 2019

“It’s a bad plan that cannot be changed” says an Italian proverb. A young FIRE blogger from Norway had the ambitious plan to retire within 5 years, when he would be 36 years old. He wrote down a detailed plan how to realise this goal. Now, a little over half a year later, the blogger changed his plan. He reduced his FIRE number, i.e. the amount of money he thinks he needs to retire early, and also touched a well-known…

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