Accounting
This page handels topics such as Accounting, Budgeting and Savings rate. Focus is on Savings rate, even though a result of proper Accounting and Budgeting, as this is one important factor in achieving the objectives.
An overview of the current state of the Savings rate in 2019:
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 [...]
Spending Analysis
My spendings from January to July 2018 will be analyzed. The aim here is to derive the savings rate and to show the distribution of expenditure. Furthermore, savings potentials and pointless expenditures are to be uncovered. It's not about the budget yet, but about monthly expenses - about [...]
Savings rate and income breakdown
To be able to compare and interpret the savings rate, it is important to define what income we are talking about - gross, net or else? To compare the savings rate across geographical and income level boundaries, I derive the savings rate from net income after taxes and health insurance. [...]