The road to financial independence is conceptually pretty simple. There are proven vehicles to facilitate our road to success, we just need to put in the time. Now, there are people who got lucky and
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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
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Warning! This post might resolve all the dilemmas and uncertainties you have in regards to buying a property. Okay, buy vs rent is one of those questions that is really hard to answer, so many
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The Young Monk’s Adventures will be a set of posts detailing how the younger me approached earning money or personal finance in general. This post is dedicated to a Roulette strategy I played for a
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Opportunity Cost is the cost associated with foregone opportunities. Most of the time when we make a decision, we usually pick one of multiple mutually exclusive options. Although many people consider the risks and returns
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Today the S&P 500 reached a new all time high, surpassing 3000 for the first time. Great day to tackle overcoming investing fear! Let me give it to you straight… Being completely risk averse and financially
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MonkWealth is predominantly a personal finance blog. We talked about budgeting in the posts about creating an emergency fund and affording anything by living frugally, and although I briefly touched the idea of saving money, I feel
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Some time ago I wrote a post named Afford Anything by Living Frugally. I wouldn’t call it controversial, far from it, but it was pretty counter-intuitive, especially for people new to the concepts of FIRE
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Cash or stocks – hoard or invest? This discussion comes up so often that I’d like to write a short post on it and reference it when needed. Unless you’re a subscriber and got this
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Before I was living in The Netherlands and before I knew about FIRE, a friend of mine opened an interesting discussion. He said that he was thinking about how much money a person needs in
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