Financial independence… if you follow this blog, you will know that these are the two most daunting words that can change your life and make you think about all the “what ifs.” Do you know what I think when I…
Financial Independence
Yes, you read the title right. It’s not a metaphor for anything. Today, I actually threw out some old underwear. I understand that this information might not seem relevant for you, but stay with me. I had worn those boxers…
These times are weird. In Denmark where I live, nearly everything has been on lockdown for weeks. We are just slowly starting to open society again. I must say I underestimated the coronavirus. I thought the media were exaggerating everything.…
A couple of weeks ago, we looked at ways to make money fast. This week, I’ll dive into how you can set up a business to make money. It’s not a fast solution though. However, it’s a great way to…
I often get questions related to net worth. One of these common questions is: “how can I easily calculate my net worth?”. Well, it’s actually pretty straightforward. Our net worth can be used as a very useful tool to help…
Today, I’ll let you in on a self-invented concept: lifestyle testing! It’s something my wife and I have practiced for some time and it works perfectly with financial independence/FIRE. What is lifestyle testing? Lifestyle testing is the concept of testing…
Last month, I decided to quit my job and find a new one. I worked as a management consultant for a large international consulting company. The job was fun and the colleagues awesome. However, being a good management consultant does…
Since I was a kid, I have told my mom I don’t want to work for the rest of my life. I think it was because my granddad told me on his deathbed that he regretted having worked too much.…
We all know the two golden ingredients to speed up your journey towards financial independence. I’m talking about (in prioritized order): Save more money Earn more money My wife and I have improved both in the last five years. Our…
Most people pursuing FIRE have knowingly or unknowingly defined a strategy. The strategy often have a few quantitative and qualitative goals such as: I will retire when I am 35 with $1,000,000 in the bank I will retire when I…