You do know how much you pay in income taxes, but you do NOT know how much you pay in TOTAL

There is a lot of bullshit talking about taxes, increasing them, decreased them, etc. Just make it simple! In Denmark were I live, it is extremely complicated to find out how much do you have to pay on taxes, and it is of course, equally complicated for the government to ensure that people and companies … Continue reading You do know how much you pay in income taxes, but you do NOT know how much you pay in TOTAL

The more you buy the happier you’ll be (or not) – Positional goods

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

How to become financial independent by cutting your housing costs

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