This month savings rate: 60 % 12-month rolling expenses: 101.000 DKK (16.000 $) My Coast FIRE number: 5.598.000 DKK (890.000$) or 56 years of living expenses. Speaking At Three Schools The previous month I have been speaking at: Oure Højskole Egå Ungdomshøjskole Brandbjerg Højskole And it has been super awesome! At every single school, I … Continue reading “24# My Monthly Financial Independence Update”
Author: Loui Lam
23# My Monthly Financial Independence Update
This month savings rate: 77 % 12-month rolling expenses: 96.000 DKK (15.200 $) My Coast FIRE number: 5.438.000 DKK (751.000$) or 57 years of living expenses. 7 Speaking Gigs Here is the update. Better late than never. It is late because I’m working hard on a presentation for 7 speaking jobs in the next couple of … Continue reading “23# My Monthly Financial Independence Update”
Why Living On a Boat Is One Of The Cheapest (and Awesome) Way To Live
Last month I did my biggest purchase in years. It might even be my most expensive purchase ever. I bought a boat. The book I named this blog after (hint: its Walden), made a huge impression on me. The part of building a small cabin and living in the woods was super appealing to me. … Continue reading “Why Living On a Boat Is One Of The Cheapest (and Awesome) Way To Live”
22# My Monthly Financial Independence Update
This month savings rate: 67 % 12-month rolling expenses: 102.000 DKK (15.500 $) My Coast FIRE number: 5.438.000 DKK (751.000$) or 54 years of living expenses. Light Brush Up For The Updates I have made a little change to the graphics of my monthly updates. I want to emphasize the power of Coast FIRE, and that is … Continue reading “22# My Monthly Financial Independence Update”
My Kakeibo Experiment, Part Three (Final)
My Kakeibo Experiment, Part One My Kakeibo Experiment, Part Two I did this experiment because I read in Your Money or Your Life that you could cut your expenses at least 20 % by keeping note of every cent that goes in and out of your life. So I wanted to do a three months … Continue reading “My Kakeibo Experiment, Part Three (Final)”
21# My Monthly Financial Independence Update
The Quick Takeaways This month savings rate: 0 % % change since last month: -2,4 % My Coast FIRE number: 4.981.000 DKK (751.000$) or 50 years of living expenses. Sailing 14 Days in Denmark Just because I have been sent home from South East Asia due to the coronavirus, doesn’t mean that I don’t want … Continue reading “21# My Monthly Financial Independence Update”
Single Best Advice on How To Get Financial Independent, Answered by 14 FIRE Experts
Don’t take my word for it on how to reach financial independence? I have asked 12 people who are badass in this community for their best piece of advice. So without further ado. Here are 12 awesome answers! Jmoney.biz, J. Money Track your net worth! By far one of the best things I ever did with … Continue reading “Single Best Advice on How To Get Financial Independent, Answered by 14 FIRE Experts”
How To Save Money on Your Phone and Save The World
For a long period, I didn’t have a phone, but as I was about to get a job as a skipper, it would be irresponsible not to have one. It is part of the first aid kit when you are out and about. And not being able to call for help because I didn’t have a … Continue reading “How To Save Money on Your Phone and Save The World”
How To Thrive on 20 m2
This will be my very first guest post done by Peter. Peter is the owner of the site ThrivingWillow.com We met at a folk high school where I was a sailing student, while Peter was a teacher in kitesurfing. Since he was a teacher and I was a student, we didn’t speak that much. What … Continue reading “How To Thrive on 20 m2”
20# My Monthly Financial Independence Update
The Quick Takeaways This month savings rate: 90 % % change since last month: 15,1 % My Coast FIRE number: 5.107.000 DKK (751.000$) or 50.1 years of living expenses. Simplifying My Portfolio Whenever people ask me what they should invest in I just tell them: “Buy a single world index fund. You don’t have to … Continue reading “20# My Monthly Financial Independence Update”