-
Great news: 2 percent interest at Trade Republic
Trade Republic is currently informing its customers that it pays 2 percent interest p.a. on credit balances. This is not only aimed at existing customers, but also at new customers. According to the statements of the neobroker, the interest payment is made monthly and logically refers only to the uninvested balance. Trade Republic writes that…
-
My best advice #7: Keep it simple and straighforward
You may have already heard of the acronym KISS: Keep it simple and straighforward – or keep is simple stupid. It follows the concept that you should not complicate something, when there is a simple way to achieve your goal. It is similar to the concept of Ockham’s razor: when trying to understand something, getting…
-
My best advice #6: Invest in your education and your human capital!
We live in a very exciting age, as we are given the opportunity to move our education forward and to access all past and present knowledge – and the future is just around the corner. Sometimes, the offer is just overwelming, and it feels more comfortable to watch Netflix or Amazon Prime. But as usual,…
-
The best 5 reasons to have a financial cushion in Germany
As you may have probably already know from my other articles, I am a security oriented guy. In my childhood, my family taught me the importance of savings as financial cushion and of a parsimonious life. As children sometimes do, I internalized these lessons and exaggerated the concept, spending (very little) money only for strictly…
-
The Life-Changing Magic of Not Giving a Fuck
-
The 5 most effective money saving tips I have used!
-
My best advice #5: Keep track of your expenses: The big difference between rich and poor
-
My best advice #4: What to do when it seems I don’t have enough time
Taking care of my own projects, may it be finances, hobbies or voluntary/community service, takes time, no question. Time that I don’t always have, however, because we all usually have a full-time job, have to take care of everyday problems, and some of you perhaps even have children, so that sometimes there is no time…
-
My best advice #2: Understanding my Inner Clock
-
My best advice #1: Always think long-term!
