In a big part of the western world, welfare is a hot topic. From one extreme, saying that if people is poor it is their own fault, to the other extreme that say that everyone should have the same amount of money no matter what. I would sum my opinion in a short sentence: Help … Continue reading New Welfare State
There are two enormous pitfalls (among others) when trying to save money, one of them are positional goods, the other is lifestyle inflation. Lifestyle inflation, is when, upon increasing our income, we increase our expenses “because now we can afford it” often, increase the expenses more than the income. So one buys a bigger car, … Continue reading The more you buy the happier you’ll be (or not) – Positional goods
Housing is probably the biggest expense most people have, it is my biggest expense at least, and there is high probability that it is also yours. So, when choosing housing, one needs to carefully consider the wants and needs, as a small percentage in savings can represent a HUGE saving long term. I owe this … Continue reading How to become financial independent by cutting your housing costs
The dream house myth, is shortly told, the myth that you will find a house that is “what I always dreamed of” or the house that “is just so me”. That is a myth and a marketing trick to make people buy houses (and actually all kind of things) that we do not need. Therefore, … Continue reading What is your dreamhouse? Answer: a Myth
It is a cliché, the 24/7 information, facebook, twitter, online newspapers. I have many times caught myself checking a specific website or social network recurrently after only a few minutes of having visited that site (and I still do). What do I expect to gain from it? When I think logically about it the answer … Continue reading Break free from Information Addiction
It has been a few years since I discovered the current of people striving to become financial independent, the goal of many of these people is to not need to work any more in their life. If that sounds interesting to you, keep reading. People who are financial independent, continue to work in one thing … Continue reading What is Financial independence, and how to get started
It is quite funny, or tragic, the way many people in the developed world choose to live their lives (me included). We work, making a lot of money for the owners of both big and small companies, and also, some money for ourselves. We exchange labour for capital. We work a lot for some money, … Continue reading Is consumerism the way to go?