Money Saving Tips

I often wonder whether I am living a minimalist life or not. My house is probably bigger than it should be, but there are a few other areas where I would say I am not a minimalist. I don’t spend…

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…

As I have learned about investing and speak to others about it, I often notice people using saving and investing interchangeably. To me, there is a big difference between saving and investing. People often ask me how they can start…

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…

Emergencies, retirement, vacation, higher education – these are among the most popular reasons for saving. No matter what your reason is, are you saving your money the right way? There is a wrong way to stash your cash. The worst…

I live in Denmark where student loans aren’t as big a thing as in the US. However, people still graduate with loans. Nothing hurts more than to see people graduate with huge amounts of debt. Debt is an emergency and…

Working as a management consultant you get to try different types of projects in different industries. Over the past few weeks, I tried my first cost out project. If you are not familiar with the concept, it involves reducing costs…

I love the concept of frugal living. Not only can you save money to buy more freedom. You can also save the planet by using fewer finite resources. If you follow this blog, you will know I am not the…

Lately, I have considered what’s up with all the gift giving in our society. We give gifts in holiday seasons. We give gifts on birthdays. We give gifts at weddings. We give gifts at parties. Sometimes we even give gifts…