Savings Rate Calculation – A New System

savings rate calculation

To become financially independent, you have to track your finances. I write articles monthly on how my finances are progressing, in my Monthly Overview posts. I have also given you insight in how I analyse my finances. In both posts, the savings rate is an important measure. For 2018, I’m going to change my savings … Read moreSavings Rate Calculation – A New System

Looking Forward to 2019 – Financial Planning

looking forward to 2019

Posting my plans and goals for 2019 makes sense, after I reviewed the year of 2018 on Monday. I have been looking forward to 2019 for a few weeks already, budgeting and planning. I will plan out my goals both conservatively and optimistically, to arrive at a range. Landing anywhere in that range would make … Read moreLooking Forward to 2019 – Financial Planning

2 Examples of Emergency Funds in Action

emergency fund

Common wisdom in the personal finance world is to have at least 3/4/5/6/9/12 months of expenses in an emergency fund. The money in this fund is used as a cash buffer, not to be invested but to be ready when something bad happens to you. In general, this is really good advice. But for the die-hard FIRE people, do you really need an emergency fund? 

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How I Analyse: My Personal Finance Dashboards

personal finance dashboard

To measure is to know, also in the personal finance world. Tracking your income and expenses, investments and net worth should become a standard for individuals striving to reach financial independence. I have a set of personal finance dashboards that I use to keep on top of my finances. Do you too?

Read moreHow I Analyse: My Personal Finance Dashboards