My goals for TwentyTwenty!

On several personal finance or FIRE blogs ‘2020 goals’ posts are popping up. As I’m sensitive to FOMO ? I thought I would give it a shot as well. And here it is! In this blog you can find my goals for 2020.

For 2020, I aim to minimize and simplify everything as much as possible. So don’t expect nitty gritty goals with sub-goals, milestones, etc. I only have 2 types of goals: Financial goals and non-financial goals. Let’s dive in!

Continue reading “My goals for TwentyTwenty!”

I’ve reached a net worth of EUR 200K!

It’s been a while since the last update of my Financial Freedom Progress Report (FFPR), but here it is again! Because of these months of silence, the leap in progress is significant! I’m definitely making progress on my way towards financial independence! Let’s find out!

Continue reading “I’ve reached a net worth of EUR 200K!”

Merry Christmas and a Happy New Year!

I just wanted to wish you all a Merry Christmas and a Happy New Year! Have a wonderful time with your family and loved ones! It’s always a special time of the year to reflect on the past and look forward to the future!

Best wishes and God bless,

Financial Chipmunk

For God so loved the world that He gave His only Son that whoever believes in Him should not perish but have eternal life!

John 3:16

A comparison of some of the most famous indexes in the world!

The indexes of the United States market are the most well-known of all. If you are remotely familiar with the financial or investing world, then you must have heard about the S&P 500, Dow Jones Industrial Average or the Nasdaq Composite.

However, never forget that the world is bigger than the United States. In Europe a well-known index is the Euro Stoxx 50. In Asia there is one index that really stands out: the Nikkei.

This blog about finding out more about what these indexes represent and how these indexes stack up to each other performance wise. Let’s find out more.

Continue reading “A comparison of some of the most famous indexes in the world!”

Make your portfolio recession proof – taking a look at my kids portfolio!

We are now more than 10 years into a bull market. Historically, that’s a very long time. That made me think about rebalancing the portfolio of my kids. I just wanted to know: how can I make this investment portfolio recession proof?! After looking into the all-weather portfolio by Ray Dalio, I’ve even included some instruments that I wouldn’t have considered otherwise. Let’s dig in.

Continue reading “Make your portfolio recession proof – taking a look at my kids portfolio!”

How to run a successful startup from a financial perspective! (Part 1)

When starting a business at your own it all begins with that one great idea! You’re amazed that no one has thought about that before. With all your energy you jump into this wonderful endeavor! That’s exactly how the founders at our startup started.

However, what’s often lacking is a financial and risk minded view on how to manage that startup. I will dive into several metrics that are essential to manage a tech startup successfully. Let’s dig in.

Continue reading “How to run a successful startup from a financial perspective! (Part 1)”

What’s it like to work at a fintech startup?!

What’s it like to work at a fintech startup? That’s the question I’ve been asking myself for the past few years. Becoming involved in startup can be a huge accelerator to reach financial freedom! So, at the beginning of the year I’ve decided to keep my eyes open for potential roles that I could fulfill at a fintech startup and I’ve found one at a great fintech in their very early stage!

Continue reading “What’s it like to work at a fintech startup?!”

Climb that FIRE mountain but don’t forget to enjoy the road and the view!

Striving to reach financial freedom is addictive. You work hard, generate additional sources of income and save and invest as much money as you can! But don’t be fooled. It’s very easy to forget that you are living right now. You don’t start living 20 years from now when you’ve reached your $1+ million dollar portfolio. Don’t miss out on the small things of life! Continue reading “Climb that FIRE mountain but don’t forget to enjoy the road and the view!”

Financial Freedom Progress Report (FFPR) – April 2019

April was another solid month but nothing special, really. Nice Easter with family and friends and beautiful weather! We even went to the beach to chill and enjoy the sun. The financials were solid as well. Let’s take a closer look! Continue reading “Financial Freedom Progress Report (FFPR) – April 2019”

7 things you can do to survive a reorganization and get out stronger!

With tech firms disrupting many industries, reorganizations are the new normal. I’m about to face one myself in the coming year or so. Since my day-job is my most important source of income, the key question here is: how to survive a reorganization and still make the most of your career?

There are several things you can do before a reorganization and potential layoff. The sooner you start the better! Let’s find out more about 7 of them. Continue reading “7 things you can do to survive a reorganization and get out stronger!”