You’ve probably heard the term: “Sometimes you have to spend money to make money”. Well, sometimes you also have to “Spend money to save money” (In the long run)… By now you’ve probably already realized what this is about. I’m of course talking about my new adventure; my electric car. It should come as no…
Why I spent €1500 to save €50 per month
Monthly Update #22 (June 2020) – Electrified
Here we go again, folks! Another month has blown by in what seems as a blink of an eye. We’re now almost halfway through the summer already! Half of the year is now gone, and we’re now closing in on another Christmas already! (too soon?) The month in the Total Balance household has been filled…
Who is the main architect behind your money blueprint?
I’ve often wondered where I got my own money blueprint from. – You know that voice inside of your head, who tells you to either spend or save your money? That’s your money blueprint in action. Is frugality something that is embedded in your DNA? And if so, is it thus hereditary? Perhaps, but I’m…
Do you make decisions with your head or your heart?
The last few weeks I’ve spent some time on one of my favorite activities; browsing for cars. The lease is up on my car by the end of this month, and even though I’ve proclaimed on several occasions that I was now going to bike to work, it’s just not very practical when you also…
Monthly Update #21 (May 2020) – The Resurrection
May is probably my favorite month of the year. Not just because it’s my birthday month, but because it marks the end of spring and the arrival of summer. We’ve already hit 20 degrees (celcius) here in Denmark and the weather has improved drastically from the (typically still) cold and wet month of April. BUT…
Are we there yet?
I’m an impatient guy. There, I said it. It’s not a secret. I’ve always been (very) impatient. Unfortunately, it appear as though my daughter has inherited this trait from me. (Un)Fortunately, she also seem to have inherited my stubbornness. As a parent to an impatient stubborn kid, you can imagine how most of my days…
Monthly Update #20 (April 2020) – Another one bites the dust
This is getting kinda old! It now seems like ages ago, when everything was peachy, and my passive income amounted to hundreds of euros each month. Remember back when you were allowed to visit a restaurant and maybe catch a movie or a show afterwards?! Those days are long gone – hopefully to return again…
What makes a good (retail) property investment?
Mr. MoneyMow recently reached out to me, and several other FIRE bloggers, to get our take on how the pandemic has affected our investment strategy (if at all). In short; my strategy hasn’t been affected by the arrival of a pandemic. Looking back though, I originally outlined my plan in one of my first posts…
How your personality dictates your return
Being that I’m a person who is very interested in the “personal finance sphere”, I often find myself in discussions with people about just that; personal finances. It occurred to me the other day that there always seem to be a pattern, in how people approach this; Some refuse to discuss it at all, as…
While we wait
Unprecedented events create new experiences. What fun, misadventure, or positive discoveries have you encountered while locked down? This is another Thought Experiment (Covid-19 edition), conjured by TheSavingNinja (this one was written by Mrs Ninja though – welcome to the scene of Personal Finance blogging, Mrs Ninja 😉 ). Like many of my peers I too…