At the end of the money, there’s still so much month left! Do you know this quote? Or have you even experienced the situation yourself?… Read More »step 1 to your financial independence: make a decision
personal finance: navigating the path to financial independance Personal finance is not just about managing money; it’s a holistic approach to achieving financial well-being and… Read More »What is ‘personal finance’ exactly?
step 1: make a decision step 2: create transparency step 3: increase income step 4: reduce expenses step 5: pay down debts step 6: build… Read More »in 8 steps to your financial independence
main goal: financial independance direct benefits: money saving financial knowledge enabling automated personal finance system indirect benefits: time financial security financial & contractual order and… Read More »overview – benefits
The goal of financial independence through personal finance is to create a situation where you have control over your financial resources and decisions, without being… Read More »main goal: financial independence
An active engagement with your assets and your overall personal financial situation inevitably leads to preserving your values or even enhancing the profitability of potential… Read More »sixth indirect benefit: preserved values
You can establish financial security through a thorough engagement with your personal finances. This provides protection against unexpected events and enhances your ability to achieve… Read More »fifth indirect benefit: financial provision
Intensively engaging with your personal finances leads to financial transparency. By analyzing your finances, you gain a clear overview of your income and expenses. This… Read More »fourth indirect benefit: financial transparency
Planning for potential setbacks like accidents, death, or serious illnesses begins with the clarity of your private documents, financial situation, liquidity, and cash flows. Establishing… Read More »third indirect benefit: financial and contractual order and responsiveness
The thorough engagement with your personal finances establishes financial security. You develop a deeper understanding of your income, expenditures, investments, and financial goals. This knowledge… Read More »second indirect benefit: financial security