Design your Financial Freedom

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Money talk - cost of sailing

‘It would be great to have more passive income’

In ‘Money Talk’ readers who have chosen a different lifestyle, share their finances with us. This time, it’s sailing couple Katelin (30) & Andrew’s (36) turn to give a glimpse into their money mindset. ‘It would be great to have more passive income, like a rental property’.   Tell us your story. Who are you and what do you do? We are Katelin (30) & Andrew O’Shea (36) from Australia and Ireland and we live aboard a 1985, Westerly Seahawk. Neither of us went to University and have both been in employment from when we were very young. Andrew qualified […]

our monthly expenses January 2021

Our Monthly Expenses for January 2021

First monthly expense overview of the new year! Welcome to 2021 and to our monthly expenses for January. The new year is always a bit special, like a blanc piece of paper that has all these stories to be written, while you have no idea what they will be. Well, at least you can be assured that we will blog about the cost of sailing our Lagoon 42 catamaran.  We decided to keep track of our expenses because we get such positive feedback on our monthly expense overviews. A lot of you really like reading them and we like writing […]

Five reasons why financial freedom is annoying

Five reasons why Financial Freedom is annoying

Yes, we could write a blog article after a blog article about how amazing life is when you achieve financial freedom. And it all will be true. Of course, living a life without having to worry about money is a huge luxury. But that doesn’t mean that there aren’t any downsides. There are! In this blog, we will share the five reasons why financial freedom is annoying. We share the five reasons why financial freedom is annoying not because we want to complain. We do, however, want to paint an honest picture about achieving financial freedom. To show you that […]

How to invest in rental property cover

How to invest in rental property

Rental properties are a great way to become financially independent. We often get questions about how to invest in rental property. Especially, since we rent them out while we are sailing the world. In this article, we answer the most frequently asked questions about how to invest in rental property. If you consider investing in real estate as a rental property, we will provide you with interesting information about how we get a monthly passive income from our rentals while still being able to travel around the world. We also cover a lot of valuable information about investing in rental […]

Passive income ideas 2021

Passive Income IDEAS for 2021

Many jobs require people to go to work every day. The time that people spend in offices is huge. It’s hard to admit, but many people are stuck at their jobs. Trading time for money to pay for your expenses is becoming less interesting for a lot of people. And with good reason, because there are alternatives available than the standard 9-5 job. If you are interested in passive income read further. In this blog article, we give you some passive income ideas for 2021.   What is passive income? People can only work a maximum number of hours per […]

our monthly expenses December 2020

Our monthly expenses | December 2020

The last month of 2020! Time to wrap up this crazy year and share our monthly expenses sailing our Lagoon 42! With all the changes going on in the world, it definitely has been a challenging year. Especially because 2020 was also the year we started our full-time sailing adventure on our new catamaran.  In December 2020, we stayed at the Marina of Almerimar in the south of Spain. We are living here until the end of March 2021 when the spring weather will hopefully bring us towards the islands of Ibiza, Mallorca, Corsica, and Sardinia. The video below gives […]

our monthly expenses November 2020

Our monthly expense overview | November 2020

Our fifth monthly expenses blog is here! We’re happy to share our expenses again, this time covering the monthly expense overview November. We are pretty content that our expenses have been back to normal in November, after a very expensive month in October. In this blog, we will breakdown the expenses we made so you might get an idea of what life costs you when you decide to change your lifestyle to traveling on a boat or catamaran as well. Currently, we are living full-time on our Lagoon 42 catamaran in the marina of Almerimar in the south of Spain. […]

our monthly expenses October 2020

Our monthly expense overview | October 2020

It’s about time we show you our monthly expense overview October 2020. This is the fourth month we are sailing and living full-time on our new Lagoon 42 catamaran. October has proven to be a quite different month for us and that shows directly in our expense overview: it’s our most expensive month on the boat so far! In this blog, we will show you all the expenses we made, break the costs down into more details and show you our average costs of living a sailing life after four months. We share these monthly expense overviews because we believe […]

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

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

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, […]