frompennytomany, Author at From Penny to Many

Ten BIG MISTAKES when investing in rental property (part 2)

November 6, 2020

Ten BIG MISTAKES investing in rental property 2

One of the most common and interesting ways to invest your money is to buy real estate. In part one of this blog article, we shared the first five big mistakes when investing in rental property. In this article, we complete the list with the other five of the ten big mistakes when investing in rental property. How to invest in rental property? In just five years, we were able to build a small but sufficient real estate portfolio. We currently rent out two properties to students. Each house has three separate rooms, which are occupied by a student. We […]

Living on a weekly budget of only 100 Dollars

October 27, 2020

All blogs, SAVE money 💰, The best of

4 Comments

Living on a WEEKLY BUDGET of only 100 Dollars

One of the best ways to realize your dream is to save enough money and to spend as little as possible on things that are not directly contributing to your dream. Saving costs by minimizing your daily expenses is the way to go if you are looking for a growing bank account. Although this is quite obvious, it can be very hard to actually do it. Temptations are everywhere: cool gadgets, new clothes, and fun things to do on the weekends. The opportunities to spend your money are endless. And let’s be honest: after a long week of working hard, […]

October 15, 2020

All blogs, Monthly sailing expenses ⛵

No Comments

Our monthly expense overview | September 2020

Welcome to our third monthly expense overview. After cruising for two months with our new Lagoon 42 sailing catamaran we are definitely starting to get into the vibe of full-time sailing. In this blog, we will take you through our expenses in September while living on the boat. We started these blogs to give more insight into the actual costs of living this alternative lifestyle for those who are considering a switch from the 9-5 office life. About tracking our expenses As we also explained in our first monthly expense overview, we gave an overview of almost all expenses we […]

September 14, 2020

All blogs, Monthly sailing expenses ⛵

No Comments

Our monthly sailing expenses | August 2020

Time flies when you’re having fun! Well, that definitely has been the case for August. Time to share our monthly sailing expenses living full-time on a 42-foot catamaran. We ourselves were definitely curious to see how our expenses would evolve in our second month of full-time living on the water. Tracking our expenses We started these monthly expense blogs to show you how much a different lifestyle actually may cost. We think this is interesting information for those of you that are working towards a different lifestyle. Whether this is on the water (as we do) in a camper van, […]

August 25, 2020

All blogs, Monthly sailing expenses ⛵

4 Comments

Our monthly sailing expenses | July 2020

Living full-time aboard our Lagoon 42 catamaran has been such a big change for us! A new lifestyle living (and working) on floating home! If you are interested in the monthly expenses of full-time sailing, this blog is for you. We left the Netherlands exactly on the 1st of July 2020 to sail south towards the Mediterranean. On the day of our departure, we started tracking our expenses with the help of the app 1Money. A super simple way of knowing how much you have spent and in what category. We keep track of our expenses for ourselves. Since this […]

Ten BIG MISTAKES when investing in rental property

November 5, 2018

All blogs, CREATE assets 🌱, The best of

2 Comments

Ten BIG MISTAKES when investing in rental property

One of the most common and interesting ways to invest your money is to buy real estate. Even given all the ups and downs in the last ten years, real estate still proves to be an interesting and steady investment in the long run. If you are considering buying real estate and renting it out, please learn from our experiences and avoid making one of the ten big mistakes when investing in rental property. First, let’s explore our real estate portfolio and the reasons we are actively investing in rental property. Our real estate portfolio In the last few years, […]

Five luxury items that suit a budget lifestyle

October 29, 2018

All blogs, SAVE money 💰

2 Comments

Five LUXURY items that suit a BUDGET lifestyle

Yes, you can be frugal, save money and lead a modest life while enjoying some luxury as well. In this article, we share with you the luxury items that suit a budget lifestyle. Be critical Over the past several years we have been very critical about the items we buy and use in our household. Especially since we know we will be moving onto a sailing boat with limited living space. Also, we are trying to spend as little money as possible to save up for this big life change. In addition to buying fewer new things, we have also […]

October 22, 2018

All blogs, BREAK free 🙌, Financial Freedom 💸, The best of

No Comments

RETIRE before you’re 40

Wouldn’t it be fantastic if you could retire before you’re 40 years old? In this article, we share our story to inspire how you are also able to retire early. Not by working like crazy in a few years. This may seem a good way, but you will probably end up with a burnout, which will only help you retire even later. The day you don’t have to work anymore is a hallelujah moment for a lot of people. Some of us win the lottery, but most have to work a long time to reach the stage of their pension. […]

October 16, 2018

All blogs, Monthly sailing expenses ⛵, SAVE money 💰

No Comments

How much we spend in September 2018

We try to save as much money as possible to finance our dream. In the past, we were able to save enough money to pay for our three houses in cash. In 2018 we started working with a weekly budget to maximize our savings. If you are curious to know how we live on a budget of only 100 Dollars per week you can check out our blog article about it. In this blog, we give information about how much we spend in September 2018. The weekly budget We have set our weekly budget of only 100 Euros, which is around […]

How we saved enough money to pay our houses in CASH

October 8, 2018

All blogs, CREATE assets 🌱, SAVE money 💰, The best of

No Comments

How to save to pay for a house in CASH

When we tell people that we don’t have a mortgage for our house, their reaction often is disbelief. If we add that we don’t have a mortgage for ANY of the three properties we own, the disbelief transforms into confusion. How is it possible? Read on if you are interested to learn how to save to pay for a house in CASH. Last update: 11 December 2021 A mortgage is a common practice Yes, it is probably true that the most common practice is to mortgage your house when you are looking for a way to enter the housing market. […]

Author: frompennytomany