Savings rate January 2019
In 2019, Oscar and I will try to keep the expenses up to date on a monthly basis. The statement will show monthly fluctuations as certain payments are only due once a year or quarterly. The goal is, as always, to put 50% of the NIATH amount on average [...]
Spending analysis and savings rate in 2018 – a review
For 2018, Oscar and I were able to save 56% of the annual net income after taxes and health insurance – this adds up for a total of 31% of the gross income. First, we look at the numbers for 2018 - then we analyze the data and look [...]
Investment and Recession
This post brings more meat to the bones. However, the first step is still saving, optimizing spending and not getting into debt. Have you already mastered this? If so, what do you do with the hard earned and saved money? You know, our money on a savings account loses [...]
Compound Interest
The 8th world wonder and the habit of saving make us soon "rich in time". Oscar and I show how saving and compounding have a positive effect on each other and increase the chill factor - may be the 9th world wonder? The 8th world wonder - this is [...]
Spending Analysis – Q1 to Q3
After 3 quarters in 2018 (means the monthly average from January to and including September) I look at my expenses again – my gut feelings say not much has changed in daily life, there were no bigger (necessary or not) expenses. Therefore, I assume that the expenses are about [...]
Savings objectives
Oscar and me, we are building three money pools. One pool "Life", one pool "Buffer" and one pool "Work". We will divide our assets into these pools in the ratios 10%, 20%, and 70%. That way, we will let our assets work for us and enjoy life - we [...]