Reading Time: 3 minutes Another great month in terms of savings! Here is my income & expenses for may 2019! Seems like you loved the flow diagram from last month, so I’ll make it this month as well! The flow diagram visualizes both my income, expenses & savings in the same figure. What do you think of it? The […]
Financial Independence
When To Walk Away From The Rat Race – How Much Money Is Enough?
Reading Time: 7 minutes Many people struggle with money. We don’t have enough, we don’t earn enough and we can’t pay for the things we want in life. Our first thought must be that the people who struggle with money are those who earn little. But, this is not true. As I explained in this post about hedonic adaption: […]
Financial Independence: The Ability To Go In And Out Of Situations
Reading Time: 5 minutes Today I’m happy to introduce the first guest post on this site with a very special guest: Sam from the norwegian blog Balansere. The blog Balansere is absolutely one of my favorite blogs, and special to me because I really can relate to how she writes. Sam writes deep meaningful posts that really makes you […]
April 2019 Income & Expenses
Reading Time: 3 minutes Wow, what a record month! Here is my income & expenses for april 2019! This month I wanted to make a flow diagram to visualize both my income, expenses & savings in the same figure. What do you think of it? The currency is as always USD $. Income Here is what my income looked […]
March 2019 Income & Expenses
Reading Time: 3 minutes New monthly update: here is my income & expenses for march 2019! Income Here is what my income looked like in march: My income this month was 4651,6 $. As you can see most of it (94 %) was from my day job. The post “Rent from partner” is for the shared cost (housing). My […]
FUCK the 4 % rule – My Detailed Plan For How I Will Become Financial Independent In Only 5 Years!
Reading Time: 8 minutes This post was awarded “Blog Post Of The Month – April 2019” At the moment I got aprox. 160.000 $ USD invested in index funds, while my net worth is aprox. 170.000 $ USD. I declare my self finanicial independent by the time I got 600.000 $ USD in net worth. There is nothing more […]
My 12 Investing Principles That Will Make You Rich
Reading Time: 2 minutes I realised I haven’t wrote an article about my investing principles. As my readers know I am heavily invested in index funds (and real estate through the apartment I live in). Here are my 12 investing principles: 1) Dollar-Cost-Averaging: Invest aprox. 3.500 USD $ every month (30.000 NOK) in index funds. This sum will be […]
Net Worth Update #4 – March 2019
Reading Time: 4 minutes This is my fourth net worth update. In february I had a 61 % savings rate, which I’m really happy about. So here we go with my net worth report! Index Funds Leverage Figure 1: Investment value and market value of my index funds In figure 1 you can see my index fund value as […]
February 2019 Income & Expenses
Reading Time: 3 minutes New monthly update: here is my income & expenses for february 2019! Income Here is what my income looked like in february: My income this month was 4752 $. As you can see most of it (92 %) was from my day job. The post “Rent from partner” is for the shared cost (housing). My […]
Want To Get Financial Independent Fast? Use Leverage To Your Stock Portfolio!
Reading Time: 10 minutes Every month I buy stocks (index funds). Normally I buy stocks for aprox. 2500 – 3000 $ every month. But what if I use leverage to buy some extra stocks every month as well? Would I become faster financial independent then? My portfolio As I write this my index fund portfolio is worth 149.000 $ […]