For those of us living in The Netherlands, Western Europe or the West in general, we are so lucky! The Netherlands is the 12th richest country in the world. The Netherlands has a poverty rate of just 7.9%. Far lower than India (60.4%) and even the United States (16.8%). We are so rich and we don’t even know it or perceive it that way.
Last week that was really an eye-opener for me. Hoarding cash and investing a lot of money is fun. But I think it’s very important to keep your eyes open for those not so fortunate. Generosity is an important trait to reach FIRE joyfully and peacefully. Continue reading “Reaching FIRE with a generous heart!”
March was a great month. The weather was sunny (but cold), nice evenings around the fireplace, good French wine and a solid savings rate! Frugal living has been no better! Let’s dive in. Continue reading “Financial Freedom Progress Report (March)”
Great news for Dutch real estate investors! Dynamic credit just came out with news that they now have a financing proposition that lets you finance up to 90% of the Loan-to-Value in rented condition. For those who are not shy of somewhat higher leverage, this is a great opportunity. Let’s find out why. Continue reading “Investing in rental properties just became a lot easier with Dynamic Credit!”
In many families talking about money is frowned upon. But if you want to reach financial freedom talking about money is essential! If you are single, you can just follow your own road to financial freedom with no need to consider a lot of variables. But once you have a spouse and kids things become a lot more complicated!
Talking about money with family needs to be as common as talking about the weather or your next vacation. Once you lift the money taboo you can make big steps to reach financial freedom! I will share some things we applied in our family of 4. Continue reading “How to manage money as a family and reach financial freedom?”
Recessions come and go. In history there have been many recessions in the US. Since 1777 around 47 (1 every 6 years). In most recent years recessions have lasted for about 10-18 months. Obviously, the most vivid recession for millennials was the financial crisis in 2007-2008.
This recession lasted 18 months with the stock market dropping more than 50%. Combined with a peak unemployment rate of 10% (the highest since 1937), the ‘08 recession was vicious!
With over 10 years into the bull market the next recessions (at least historically) seems just around the corner. The question is: how to prepare for the next recession? There are several things you can do to limit the blow of an inevitable crisis and bear market. Let’s find out! Continue reading “How to prepare for the next recession and make money in the process!”
These are the words of famous investor and Berkshire Hathaway’s second-in-command, Charlie Munger. But why is jumping over this €100,000 hurdle so important? How does this help me reach financial freedom earlier? Let’s find out. Continue reading “The first €100,000 is a bitch, but I’ve gotta do it!”
€220,000. That’s my current (net) mortgage. Although I’ve got a nice and comfy home, it would be even better if I fully owned the place, mortgage-free. That’s why I sat down and set clear goals for each year to make that a reality. Financial freedom comes with taking small steps consistently over several years. It’s easy on paper but really hard in real life. But I will give it a go, anyway! Continue reading “My mortgage repayment strategy!”
For many people investing is the way to go to build wealth and hopefully financial freedom. But investing is not without risk. Over time, your investments will increase and decrease in value. Long-term however, a diversified portfolio tends to do fine.
But there are steps to take to make sure you are not forced to sell your investments at market lows. Let’s find out more about these steps! Continue reading “5 steps to take before you start investing!”
Yes, it’s true! Probably only of a few bricks, but I’m proud nevertheless! Let’s find out more about an amazing company that is indirectly helping me to achieve financial freedom. Brookfield Asset Management.
Continue reading “I am co-owner of London’s impressive Canary Wharf!”
February with just 28 days passed by rather quickly! Time to see what February brings in terms of progress towards financial freedom! Let’s take a closer look at my net worth and investment portfolios. Continue reading “Financial Freedom Progress Report (FFPR) – February”