How Much Money Is Enough? Fuck the 4 % rule.

I often read blog posts on how people are retiring with 1.000.000 USD and then live off 40.000 USD/Year. Put it another way. They stick to the 4 % rule. There has been made a study called “The Trinity Study”. Which is often referred to in the FIRE community. They took a close look on … Continue reading “How Much Money Is Enough? Fuck the 4 % rule.”

1# My Monthly Financial Independence Update

I thought it would be fun to share how far I have come with my financial independence project. I have always enjoyed watching other people’s numbers. And here I am. About to do one myself. I have never understood why personal finance should be a tabu. But I can feel there is a slight resistance … Continue reading “1# My Monthly Financial Independence Update”

The Power of Spending Less

In a very long period of my life I thought that in order to become rich you need to earn a lot of money. When I started to study have the financial independent I found that this wasn’t the whole truth. The most important part to become financial independent is to spend less. If we … Continue reading “The Power of Spending Less”

The 80/20 Principle to Spend Less Than 50 % of Our Salary

Vilfredo Pareto was an Italian economist back in the early 1900. He discovered that 20 % of  the population owned 80 % of the wealth. (I think it was in Italy). People have later on applied this 80/20 principle to other stuff. Like 20 % of the carpet will get 80 % of the walking. … Continue reading “The 80/20 Principle to Spend Less Than 50 % of Our Salary”

How I’m Retiring in 5 years or Less, and How You Can Too

Why should everyone try to become financial independent? Whenever I tell people that I will retire in a couple of years they get excited. But whenever I tell them how I do it. They think it is to extreme. You know what I think is extreme? To work at the same desk for 30 + … Continue reading “How I’m Retiring in 5 years or Less, and How You Can Too”