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 [...]
Objectives
Oscar and I decided to set our objectives with the in project management well-known SMART method. According to the SMART method, objectives should be: Specific Measurable Achievable Relevant Time-bound On the one hand, this approach makes you really think about and define your own objectives you want to achieve [...]
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. [...]
Meet Oscar
That's Oscar. The brain behind "the oscar principle". Oscar's got the hang of it. Oscar's rich. Rich in time. He does what he wants, when he wants and how he wants (but actually he only prefers to "chill"). The question of why he lives his life the way he [...]
