how come some of the personal finance bloggers achieve 40 or 50% savings when most of us struggle to save 10% ? I barely hope for 30% myself this year and I feel committed to this. To go beyond that first 10% saving level you can start buying more clever, wait for promotions, buy in … Continue reading The ratchet effect
6 months since I have taken the BSRI challenge, so where do I stand ? I have managed beyond my own expectations so far this first half of the year: My overall saving rate is close to 38%, hoping to maintain a figure above 30% as budgeted for 2017. I didn't went to extreme measures … Continue reading 6 months into saving
How long before retiring, how much to save ? Two crucial questions that a bit of spreadsheet magic can help answering... Let say you start work at 25, with 35KE p/a, free of debt, and ten year later you manage to get paid 45KE p/a Your budget on average might look like this: Then we … Continue reading A few calculations
a quick update on my saving tracker at the end of march
It is not very rewarding, only at the end will I be a able to enjoy the benefits...
why complicate things ?
which are real saving tips, which are not ?
I have only managed to contain my belongings to more or less the volume of a small car mostly because I travelled and relocated so it would have been impossible to do otherwise, therefore I don't feel very qualified to speak on the matter. But I still have my own little theory about it, here … Continue reading Frugality
Comment se mettre à épargner ? How to jump start the saving process ? Mettre de l’argent de côté est pour certains un réflexe régulier, pour d’autre une contrainte sans intérêt. Même si les fruits de son épargne peuvent être récoltés relativement rapidement au bout de 6 mois ou un an, le résultat peut paraître … Continue reading Comment se mettre à épargner ?