If you’re like me you like FREE money! (Yes?!) In the olden days, when you deposited your hard earned cash in your local bank, they returned the favor with a decent interest rate. I remember my grandmother once told me that she got 10% on a “high yield interest rate account” in her bank. Of…
How to earn a (high) interest rate on your (crypto) coins
Why I spent €1500 to save €50 per month
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…
5 (free) ways to keep in touch during a lockdown
Hello dear readers and followers of the Total Balance household! While we all try to practice safe “Social distancing” these days (to break the chain of infection from the dreaded Corona virus dubbed Covid-19), there are ways to remain social, without being close to one another! Thanks to the great invention of The Internet (and…
The Christmas paradox
When I was a kid, I used to love Christmas (which kid doesn’t?!). My parents divorced when I was very little, so I’ve always had two Christmas eves! One with my dad and his family, and one with my mom and her family. Some times I would get presents for 3 days straight (23-24-25), because…
A lazy mans guide to budgeting
I know. It was bound to happen eventually, right? – “How to do x-y-z” is the most boring blog posts of them all. I do believe we even refer to them as “filler posts”. Something we use to fill the void between the good stuff, right? – But not this guy! I’m here to tell…
Why to use multiple banks and payment services
According to a study, recently conducted by the independent danish bank advisor mybanker.dk, only 48% of the danish population is a customer in more than one bank. Historically, the danish bank customers are very loyal too. 60% of them have been a customer in their current bank, for more than 10 years. It probably comes as…
To Stooze or not to Stooze
I know what you’re thinking; WTF is a Stooze!? I’d never heard the term before either, until I started researching a nifty little trick (that I’ve been using for a while), in order to deploy “free leverage” that I used to purchase Property #1. It turned out that the little trick had a name: Stoozing….
Why I rarely get on a scale
We’ve had a lot of “money talk” lately. I feel it’s time to dig into a little “personal wealth” as well, if you catch my drift!? Part of the journey to FIRE is also a spiritual journey, in where you (most of us) try to find your inner balance along the way. What makes you…
New Pension provider!
Hello, new pension provider! After waiting for about 3 months, my pension funds have now been moved to a new provider (chosen by the company that I work for). I have been anxiously awaiting this move, as the new provider allow me to create my own custom investment strategy, in that they have a number…
Confessions of a Shopaholic
“Hi, I’m Nick and I’m a shopaholic”. OK that might be a little overly dramatic. I was never really a shopaholic. But like most of our society, I had bought into the fact that buying stuff = good! When you click that BUY-NOW button on Ebay, it instantly release a shot of dopamine in your…