A blog about how to achieve Financial Freedom

Cutting expenses vs earning more money_

CUTTING expenses vs EARNING more money?

Searching for ways to achieve your financial goal, we often look at two major options: spending less and earning more. But which is best? Cutting expenses vs earning more money: who wins the prize? Obviously, both create a way to save more money. By spending less and cutting your costs you can keep more money in your bank account. By earning more money you can increase your income. This will probably result in saving more money as long as you don’t start spending more.Β  We are taught to earn more It may feel like cutting expenses and earning more money […]

Financial Independence Retire Early

Financial Independence Retire Early

When you think of retirement you probably think of someone in their late 60s. A retired person has saved his whole life and has a huge pension fund. This way of retiring is the social norm and is used by plenty of people. A norm that we all know well, but it is certainly not the only way to retire. There are lots of other ways to prepare for your retirement and to retire at a young age! One option is to go for FIRE: Financial Independence Retire Early.   What is financial independence retire early? Financial Independence Retire Early […]

Unique tips travelling on the cheap

Unique tips traveling on the CHEAP

If you have been reading more articles on our blog you probably know by now that we love to travel. Traveling can be quite a challenge when you’re trying to be budget smart. The expenses quickly add up and a few relaxing weeks can become a super costly period in the year. Let’s explore some unique tips for traveling on the cheap! Of course, there are obvious ways to cut expenses during your travels. You can look for the best flight deals and save a lot of money by booking beforehand. Another way is to focus on free events at […]

Using the double win factor in your financial choices

Using the DOUBLE WIN factor in your financial choices

You have saved some money and are ready to let it work for you. For instance, you decide to buy a couple of shares that – at first glance – seem very profitable. Unfortunately, the share price drops, and your potential profits change into a loss. This happens to many people and people, therefore, tend to think that investing is risky. The reality is that a lot of risks are pretty manageable. The double win factor is something that I use to reduce the risk and to increase the profitability of my investments. It’s not a groundbreaking theory but something […]

015. How to start a Wordpress blog with Bluehost

How to START a WordPress BLOG on Bluehost

In this article, we will guide you through the process of how to start a WordPress blog on Bluehost.Β We have had a previous experience online with building websites, but we never before had a blog, so in the beginning, the process of starting was quite overwhelming. We had a lot of questions and uncertainties, such as: What is the best platform to share our information? How do we attract visitors and actually reach people with our blog? Will Google think our blog is worth showing in search results? Can we make sure people come back to the blog or subscribe? […]

The power of the Big Hairy Audacious Goal

The POWER of the Big Hairy Audacious Goal

During my MBA I got introduced to the concept of the Big Hairy Audacious Goal (or BHAG) for the first time in my life. I remember it well since the picture in the PowerPoint slide depicted a hairy monster-looking creature. How this monster could have anything to do with the class I was in and even with business in general? The power of the Big Hairy Audacious Goal soon became more clear. And I learned the way it can help to realize your dreams. Whether they are business-based or more personal. In short, creating your own BHAG will help you […]

Set up your bank accounts for financial success

Set up your bank accounts for financial SUCCESS

Thinking about financially successful people you tend to picture an expensive lifestyle. Living in an enormous villa in an idyllic dream-away place. You would probably need a bank account of a millionaire to be financially successful. Right? Or is there a secret way how to set up your bank accounts for financial success? While the millionaire’s lifestyle may be a very recognizable way, it actually hasn’t got much to do with financial success. Financial success is more about creating a situation for yourself in which you are happy with the amount of money coming into your bank account given the […]

Tips when using Home Exchange

Tips using HOME EXCHANGE to save money on holidays

When looking for ways to save money and to create assets for extra income streams, it is key to look at the expenses you are already making. Which expenses do you actually have and which can you cut completely or can be reduced to a minimum? Our holiday expenses are not that high. But once when we discovered the possibilities of Home Exchange, we were super excited about the fun way it provided to save extra money. Here are our tips using Home Exchange to save money on holidays. About Home Exchange Home Exchange is a website that creates opportunities […]

How to use home exchange to save thousands of dollars on your holiday

How to use Home Exchange to save THOUSANDS of dollars

As travelers, we like to explore the world as much as possible. Given the opportunity, we set off on a new adventure in another country. Unfortunately, holidays are expensive. You have to travel to the location, pay for accommodation and rent a car or arrange transportation to get around. Add this to the extra costs of shopping, eating, and drinking, and all the fun activities you undertake and you are looking at an expense that often exceeds a few thousand dollars for a couple of weeks in the sun. So how to use Home Exchange to save thousands of dollars […]

Create assets to reduce financial risk

Create ASSETS to reduce financial risk

Many people are following similar paths in life when it comes to creating income. A 9 to 5 job is the standard and after graduation, many people seek that one big source of income. Over the years they are working hard to get an income as high as possible and to continuously receive that monthly paycheck to pay their mortgage and other expenses. It is so sad that many people do not know how to create assets to reduce financial risk. That’s why job security is very important for most people and the confidence in it is enormous. How sustainable […]