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N26 USA – A review of America’s newest and coolest bank

By | Bank accounts, Top stories

N26 USA – A review of America’s newest and coolest bank To start off: N26 is a proper, EU and US licensed bank. It is also official: they are launching in the US in the first half of 2019 (confirmed by our sources). It means they follow all the rules, have the same guarantees by the government as Citibank or BofA. The app may be whimsical, the TV ads cool, but they are a proper company with thousands of employees and the financial backing of billions of dollars and millions of daily users. They jumped to the forefront of the … Read more

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Making kids to save money: a good excuse to actually save money. Hint: you will be paying a lot less taxes.

By | Bank accounts

At the risk of sounding a bit old, please hear me out. I promise you that this article will not be about the advantages of giving up your life of leisure and start a family at 20 so by the time you are 40 and still young, you can enjoy going to operas on your Maserati. This is about far more than the above: it is about building wealth as a result of the opportunities that are afforded to you as a common human being because of the connections that you will make with other people with responsibilities other than … Read more

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Work 3 years like an animal: survival strategies for the tired and the lazy.

By | Bank accounts, Top stories

My father woke up at 5:30 every day for 30 years, including Saturday. He took one 30 day vacation in 30 years. He is the epitome of what it means to hustle. As a result of his massive effort and courage to be himself, he was able to have millions in the account, in safes, inland, and eventually becomes of the biggest taxpayers in his home state. We do not have to be like him to succeed. Literally, 10% of what he did is enough. If you live for 80 years, please take 2.4% of your total days to work … Read more

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Lessons from the Chinese: how come their economy exponentially faster than everyone else’s?

By | Bank accounts

People like Katy Perry, Beyonce and PewDiePie are called influencers by the media. It makes sense: youths are fascinated by their shiny lifestyles. There is someone to inspire all of us out there as if they were made in our image. Guess what: they are made in our image, the products of publicists and data, not authenticity. Ok, that is out of the way. Now it makes sense why these people have replaced our grandmothers, bosses, significant others, presidents, and others as our sources of wisdom. They are not people: they are memes created for profit. They should not matter. … Read more

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How to save 40K in 2 years and buy two apartments that pay for themselves

By | Bank accounts

How to save 40K in 2 years and buy 2 apartments that pay for themselves I have recently met a woman in her late 30s with a middle management salary and no exceptional, grand vision for life. She was about to become a mother, had plenty of zest for life, tons of friends, a boyfriend that loves her, all the good stuff. She did not look or acted like a person that prioritized long term financial independence. But indeed she had. Not too long after she started saving, she started to research the real estate market in Berlin and build … Read more

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What #LearntoCode really means: get a high paying gig with Upwork and other freelance places.

By | Financial independence

I know: your mother never told you that she loved you. The online bully told you bad words and your feelings got hurt. The shame, the Dorito covered shirt is more painfully shameful than writing covfefe to 30 million Twitter followers. Yet, not all is lost! You can learn to code quite easily if you have a brain and know your way around a keyword. No, you do not need a fancy Mac to start: most top-notch coders I know swear by something they like to call Linux (don’t ask) and 10-year-old IBM laptops bought for 200 bucks. Guess how … Read more

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The side hustle: how to do it without draining away your energy

By | Financial independence

Set Your Life on Fire Series The side hustle: how to do it without draining away your energy Of the many theories being promoted on the internet by getting rich quick schemes promising  — at much fanfare in the form of clicks — that you can get rich by gambling online or by buying the latest cryptocurrency dream coin, the good old side hustle is still the only tried and trusted way of your average Joe or Mary or Jerry to earn his or her or their way to extra side cash. What you do with it, is another matter. Some … Read more

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LeanFIRE vs FatFIRE

By | Bitcoin, Financial independence

Ok, so FIRE is Financially Independent Retire Early. You can retire early in different ways. If you know how to live off of $500 per month you can easily achieve LeanFIRE. When thinking about FIRE it’s good to realize what the goal is. In my view this means to never have to work for someone else. It doesn’t mean that you will never work. Most people enjoy doing things they find meaningful, and this work may or may not have monetary rewards. If it has, all the better, it’ll give you a good opportunity to work yourself up from LeanFIRE … Read more

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Permanent Portfolio

By | Bitcoin, Financial independence, Smart investments

Permanent Portfolio is a portfolio strategy I came across through The Voluntary Life, one of my favorite podcasts. The core tenet is that you put your wealth in different asset classes. The Permanent Portfolio strategy was conceived by Harry Browne, who wanted a strategy that works regardless of which specific economic cycle we’re in: Prosperity Inflation Deflation Recession Browne (and Jake from The Voluntary Life) put their money in these asset classes, equally divided: 25% stocks, great during prosperity or declining inflation. 25% gold, good during bad inflation and general global insecurity 25% long term bonds, profit while interest is … Read more

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Recommended podcasts

By | Bitcoin, Financial independence, Life stories

We don’t do any podcast ourselves, but we have some podcasts we can warmly recommend: stephanlivera.com – especially the episode with Jack Dorsey, CEO of Twitter and Square whatbitcoindid.com Peter started off as a shitcoin trader, is a great interviewer and through his journey became a Bitcoin maximalist. thevoluntarylife Jake built his own company, sold it, talks about becoming an entrepreneur, the school system, travelling, minimalism

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