Kate from Eyes on the Goal doesn’t see enough “failure” moments online: “You can’t be a success, without feeling like a failure at least a few dozen times.” She has counted her failures – with a surprising outcome.
Divnomics: The decisions you make in life can have a huge impact on your future. As it comes to finances, there is one thing that might be having the most impact of all: buying a house. Timing of the market, the debt you take on and the costs of all of it is substantial.
Pollies Dividend: As frequent reader of my blog you know that I’m writing some posts to try to financially educate my kids. I know they are still very young (6 and 9) but it is never too early to start. And they can read these blog posts later on in life 😉 (This is probably the case, because they don’t speak or read English very well at this moment – You got to love an understatement!).
Cheesy Finance: Based on this already “old” post by Early Retirement Extreme (ERE), Jacob was able to live off $5.000-7.000 per year, as late as 2011. For argument sake, let’s assume that this $7.000 annual spending in 2011 is now $7.714 in today’s money (2018). This would be about €6.250/year (current exchange rate ~$1.233/€), can you survive on this amount in the Netherlands? How low can you go? In the Netherlands at least!
Divnomics: If I would have to select one asset to invest in and where you could earn the most money from, it would be real estate, hands down. With a (mostly) stable rental income, a leveraged buying position and using ‘other peoples money’, the possibilities for exponential growing your wealth with this particular asset class are endless.
Pollies Dividend: In August of 2015 I started this series about the wonderful world of investing. By writing these blog posts I try to educate my kids. And I hope my kids at the age of say 18, have all the financial knowledge I’m having right now. This would be a huge advantage for them!
Money Mow considers the purpose of his life and gives tips for finding yours.