Subscriptions… A sneaky money burner that keeps you from reaching FIRE earlier!

Last week an interesting news article was published. It showed that on average people have 11 subscriptions. Much more than I expected. Youngsters under 25 years old have on average 16(!) subscriptions. Imagine the impact of the costs of that many subscriptions  on reaching financial freedom?! The Dutch Consumers Association (Nibud) advised making a list of your subscriptions every year and decide whether you really need them. That’s exactly what I will do right now! Continue reading “Subscriptions… A sneaky money burner that keeps you from reaching FIRE earlier!”

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Private banking is for fools, this is why!

Congratulations! You have suddenly amassed a sizeable nest egg through an inheritance, selling your business or by winning the lottery. Every corporate bank is enticing you to let their private bankers do their magic with your money! But should you join their elite clubs? Continue reading “Private banking is for fools, this is why!”

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