FinanceWASP

This is part of a 30-day series called the 30 Steps Program to Financial Independence. **Step 9: Minimize Your Stuff** You might be wondering how your belongings affect your journey to financial independence. It actually plays a significant role. Previously, I mentioned the importance of saving for your financial goals. …

This post is part of a series called the 30 Steps Program to Financial Independence. **STEP 8: AUTOMATE YOUR FINANCES** To achieve financial independence, you’ll need significant savings and smart investments to generate passive income over the years. However, saving has to be consistent and regular. You can’t save $20 …

This article is part of a 30-day series called the 30 Steps Program to Financial Independence. We all have dreams about a life where money isn’t a concern, or where we don’t have to work at all. What would your dream life look like? Would you fish all day, spend …

This post is part of a 30-day series called the 30 Steps Program to Financial Independence. Giving back is something I’m still trying to master. In Europe, people donate much less to charity compared to the US. We usually give a small amount to big NGOs and feel awkward when …

My boyfriend and I have been together for about two years. It’s been an interesting journey since we hardly knew each other before deciding to drop everything and travel the world. We’ve visited around 15 countries and spent every moment together, either exploring by day or sharing accommodations at night. …

Yesterday, we discussed how much money you need to achieve financial independence. For me, that breaks down to $50,000 to buy a house, $30,000 for a 30-month emergency fund, and a source of passive income generating at least $1,000 per month for living expenses. While I’m working on growing that …

This post is part of a 30-day series called the 30 Steps Program to Financial Independence. I don’t know much about DIY, but I do know how much it can cost me not to. For example, I once had to pay a $200 locksmith bill after I angrily locked myself …

There’s one thing that really bugs me: when people say things like, “I’m not sure you should do that,” or “That looks difficult/complicated/impossible… if I were you, I wouldn’t.” It annoys me because most of us just follow the same routine without ever questioning it or challenging life. You go …

We talked about how saving is the first step towards financial independence. To eventually become financially independent, you need to save a decent amount of money. Just like starting a diet, you should begin with small, manageable steps. It’s unrealistic to aim to save $2,500 each month if you only …

I’ve lived in several apartments over the past three years, including one in Casablanca, Morocco, and another in Antigua Guatemala, a charming colonial town that’s a UNESCO Heritage Site. Both places were popular with tourists, so I decided to look into renting out my space to travelers and discovered Airbnb. …