Top of the morning to you friends, Earlier this month, John Connor of www.mymodernhome.net reached out to me and 36 other experts to ask for my advice as he was writing a piece on on first home buyers/investors advice. I jumped on the occasion as I thought it was a great opportunity to share my tips with … More The advice I would give to first time home buyers
Hello friends, When it comes to investing, there will be many reasons to invest : Are you investing to achieve your financial goals (buy a Tesla S within 2 years, spend your 3 months mini-retirement in Sevilla sponsored by dividends only,…)? Are you investing to prepare for retirement?… The important part is to have a … More The Rule of 72 and how this applies to you
Hello Friends, Are you like my buddy Chad who often says : “I am very happy with with my house, I love it and it’s such a great investment!”? I am always appalled to hear the latter! Chad is not the only one saying this, I have heard many times around me. Of course buying … More 5 Reasons why your home is not an investment
Howdy friends! When thinking about millionaires you are probably thinking about the movie stars from MTV Cribs (is that show still on?), successful athletes driving fancy sportscars, politicians in Italian tailor-made suits,… And you probably wonder : Who are the rich? What do they do? Where do they shop? What do they drive? How do they … More Who are the real millionaires next door?
Dear friends, Some of you may be at a crossroads in their career paths : Whether you are a high school graduate evaluating which higher education institution to attend or like my friend Franky who had already graduated from Uni and changed his career orientation in his late 20´s by taking an MBA at my Business … More Should you study Business to become rich?
Dear friends, I have just finished reading the book Rich Dad, Poor Dad by Robert T. Kiyosaki. As I was telling some acquaintances I was going to start a Personal Finance blog, I was advised to read the book. The title “Rich Dad, Poor Dad” did not sound entirely foreign to my ear and in fact … More Book review : “Rich Dad, Poor Dad”
Friends, Back in 2006, when I was a last year´s student at uni (Msc in Business Engineering) and my classmates and I were getting closer to the diploma ceremony, some fellow student sent us the story of the Mexican Fisherman and the Banker. By that time many of us (including myself) had already secured our first jobs … More The Parable of the Mexican Fisherman and the Banker
Friends, Are you like my friend Isidore in the midst of moving places? Are you looking at apartments online? Did you save up some dinero and are you evaluating the option of purchasing an appartment/house ? That sounds great! Now go for it. – Yeah Jonathan, thanks but I am still looking at renting out as … More Should you buy or rent your home?
or How to get out of debt Dear friends, Are you struggling with paying your bills? Is it hard to make ends meet at the end of the month? Are you looking forward to your next paycheck already on the 5th of the month? This post is for you! So let’s dive into it! First things … More I need a dollar, dollar, a dollar is what I need
You have heard of interest rates in the news (your national bank is lowering the interest rate), in advertisements for credit services , overheard colleagues speaking about their mortgage interest rates,… But what is an interest rate? Where does it come from and how does it affect your daily finances? An interest rate is the cost of … More Interest Rate 101