Making everyday easier
So, you may have heard this term in the news or in a post somewhere. What is so important about compound interest? What the heck is it? Can you give me an example of compound interest? Here is one: Part 1: Starting your savings plan Let’s say, you want to start saving for your retirement. …
Experts say the retirement amount is around 25 times your yearly net expenses. Let’s get more into it. Calculate your monthly expenses. Make a list of every single expense that comes out of your checking and credit card accounts in any given month. Remember that there are payments that are quarterly or once a year, …
Like many, I’ve been on a financial independence path for a few years now. Today I spent a few minutes on my small sun porch. It was a bit windy outside but sunny. It felt so good to see the grass getting greener and the trees about to bloom in this late spring evening. Moments …
One of my frugal inspirations of life and loved politician is Mr. Jose Mujica. He is the ex-president of Uruguay and known as the poorest president in the world. He donated 90% of his salary to local charities and drove his old Volkswagen Beetle while being a president. Want to know more about him? Check …