Career Archives - MonkWealth

How to Get Rich? (The Blueprint)

“How to get rich?” – a question popping into the majority of peoples’ heads on daily basis. In this post I want to give a blueprint of how to do it. What I’ll propose it’s neither exclusive nor unique – there are many opportunities to get rich in the world. However, some people may be …

Why Software Engineering is the Best Career Path

It’s all in the title – in this post I’ll explain why I think that software engineering is the best career path for most people. So if you’re yet to start your career, pay special attention because this post might significantly affect your future. And if you’re already in a completely different field, you’re also …

4 Awesome Things About Having a Job

Well, that’s a title you never expected to see in a FIRE blog. Disclaimer: all entries are under the assumption that the employee is qualified and in need of money (in other words: can do the job and is not financially independent). 1. You’re just a number What a beautiful thing this is. Okay, it’s …

Engineers on FIRE

Most people pursuing FIRE are engineers of some sort. I’m not an exception. Many people “unable” to start pursuing FIRE “accuse” engineers of being able to pursue FIRE because of their “high paying” careers. Maximizing one’s income for sure speeds up the process, but achieving Financial Independence is a function of saving more than it …

Is University Worth It?

During my lifetime I felt both thankful and regretful about getting my degrees and education. I know that many people, especially young professionals, go through a similar transition themselves. I want to use this post to illustrate my thoughts on formal education and try to answer if it’s worth it. Is a diploma worth it? …

Treat Your Life Like a Business

Some people got lucky and made millions. Some people were disciplined and got rich slowly. However, adopting certain principles can make us eliminate the factor of luck in business and in life. Maybe not completely but enough to feel sufficient control over our project. In this post I want to point out a few non-exclusive …

Reduce Your Commute

Commute – the regular journey to and from one’s place of work. Many associate it with dead time… And it is in a way. For sure it’s an uncompensated amount of our time that is used for the job. Anyway, this post is not only about reducing, but also minimizing the amount of life wasted …

The Importance of Negotiating a Higher Salary

As I do in my life, I want to keep things structured on MonkWealth as well. That’s why before talking about the importance of negotiating a better package, I’d like to stress the motivation behind it. First and foremost, we work for money. It’s the most quantifiable measure of our performance, contributions, or value to …

30% Ruling – What Is It and What Happened?

The 30% ruling is a tax relief that can be granted to employees who were hired from abroad to work in The Netherlands. The way it works is that 30% of an expat’s gross salary is paid tax free and the other 70% are taxed normally, using the standard tax rates. However, it’s not something …