The Quick Takeaways
This month savings rate: 0 %
Passive Yearly Income (5 % withdrawal with taxes): 16.900 DKK (2500 $)
% change since last month: + 0,4 %
So What The F#ck Happen This Month?
- Stock Market went up, networth went down
- Going to France
- Train, eat, sleep and repeat
Spending, spending and more spending
We all know the this simple equation for wealth building:
Spending < Earnings
It is simpelt. But very effective.
I’m doing the direct opposite at the moment. Having no income at all, and spending a ton of money. In many years I have known where my money went. But the last month. I feel like I have spent about a 1000 $, when I have spend closer to 3000 $.
And because of that. I’m going to track my spending. I know many people who has tracked their spending. I have done that myself. But it has been done automatically with apps that uses your bank transactions.
But I don’t feel like you get emotionally attached to that transaction, the same way as if you do it manually.
So that’s where I found the Kakeibo method (pronounced Kah-Keh-Boh). Long story short. Is a simple money management where you write spending and earnings in hand.
I will make a complete blogpost about it someday. So I won’t cover the topic to much now.
“Je Vais A Paris!!!”
In best google translate style.
I’m going to France! And it is not completely random that I have chosen France. The thing that shouldn’t happen, did happen.
When I was back in Denmark, and preparing myself for my mini retirement. One of the biggest bullet points on my “Not-To-Do-List”. Was NOT to fell in love with a girl. And that went perfect back in Denmark.
But then I went away for the first part of my mini retirement. Which was two months in Indonesia on the boat (Orbit) as a skipper trainee. These two months was super awesome.
I got to:
- To know the boat quiet good (Thanks to Mathias, the current skipper).
- Get four new diving licenses and become a PADI Divemaster.
- Get the experience of being on a yacht for two months.
But another thing happen as well.
There was this girl. And without going into to much details. Let’s just say I can’t stop thinking about her. Guess what?! She is currently doing an exchange period with her studies in medicin in……… (Drum roll please)
France.
So I have decided to spent 1500+ $ on a ten day trip to Paris and Lyon.
I think the money is going to be well spent.
Cebu Is Gooooood
My days are looking pretty much the same everyday.
They look something like this:
- Sleep as long as I can. Do some writing/reading/meditating or anything else productive. I might watch too much YouTube though.
- 1 PM – First Jiu Jitsu training session
- 4 PM – Eating (Doing OMAD at the moment)
- 8 PM – Second Jiu Jitsu Training
I love having nice and quiet days. And I think it is the most perfect way I can prepare myself for the six months I’m going to be at sea.
I will be leaving for France the 13/2, and come back here to Cebu the 24/2.
I’m really bad at taking pictures. (Working on that habit)
But for some reason I manage to do an instagram story or two. So if you want some footage of my (currently) mini retirement.
Go and follow me on instagram: