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

Stoicisim

When we talk about financial independence, we are not talking about becoming a millionaire and be able to own big houses and fancy cars and not worry about money while spending as much as one wants. This for the most of us is impossible, and it does not necessarily bring happiness. That is why I … Continue reading Stoicisim