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Category: Financial Independence

link to Euro account – How to open and why I use it?

Euro account – How to open and why I use it?

When you invest in Europe it's important to have a euro account because it has some benefits that can give you slightly higher returns.  In this blog post, I will share with you how to open a...

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link to Save money quotes from 5 Super Savers

Save money quotes from 5 Super Savers

Save money quotes 💰Here is the best save money quotes from 5 inspiring super savers that are actually financially free today. I really like these money related quotes because they really...

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link to Why is personal finance important?

Why is personal finance important?

Understanding "Why is personal finance important?" can bring you closer to a life with more wealth, balance, and happiness. It's essential to understand because it's a myth that you need to be a...

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link to How can investors receive compounding returns?

How can investors receive compounding returns?

How can investors receive compounding returns? Compounding interest is often referred to as the 8th wonder of the world. Why? It’s like the cartoon snowball rolling down a hill. As it falls, it...

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link to When might be the best time to start saving for retirement?

When might be the best time to start saving for retirement?

58% of Americans have under $1,000 saved, and 73% have less than $5k saved up. A separate study found a similar (but even worse) finding, that 6 in 10 Americans don’t even have $500 saved.Europe is...

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link to Why is life so hard? (Level up your life with financial independence)

Why is life so hard? (Level up your life with financial independence)

A typical question we ask ourselves is: why is life so hard?Whether it is work burnouts, studying for exams, family issues, feeding your family or just making rent payments, life can be really...

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Hey there!

My name is Peter Michael and I started this investment blog to share my journey towards financial independence.

Get inspired to create your own journey!
Many dreams of quitting the "rat race" …

I’m financially free in 9 7 years
by age 42

My financially free progress:
 18,70%

✔️ 6 months Emergency Fund

✔️ Paid off loans (student, car- and leverage loan)

✔️ 20% increase in total income

✔️ 50% Savings rate

⚔️ Pay off the mortgage  (This is step 5)

⚔️ Further 20% increase in total income

⚔️ 70% Savings rate

⌛ Be 100% debt free

Get started?
– Read my recommendations

 


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