The end of Roe v Wade means that the war on women’s independence has intensified. Many right-wing governments will look up to the US and follow its example, restricting even further women’s access to abortion and soon access to contraception and, who knows, voting rights. In short, anything they can get away with may be taken away from us. The patriarchy has been itching for …
All posts filed under women and money
What Does the 4% Withdrawal Rule Mean?
Wikipedia says “The 4% refers to the portion of the portfolio withdrawn during the first year (of retirement); it is assumed that the portion withdrawn in subsequent years will increase with the consumer price index (CPI) to keep pace with the cost of living.” Your investments will pay dividends and appreciate in price over time on average at 7% per year before inflation. The inflation rate …
The Non-Essentials Can Inflate Your Living Expenses
Recently I’ve been thinking about the non-essential things that we buy but don’t really need; the possessions that don’t add much value to our daily life or to our level of happiness. Everyone will have a different list and definition of the non-essentials at different stages of their lives. When I was single, I used to spend a lot of money on going out, partying …
Life Is About Learning to Adapt
On the way to financial freedom, many of us will have to learn how to adapt our mindset, spending, our goals, adjust to new lifestyle choices, adapt to new priorities, and to a financially independent lifestyle (when financial independence finally happens). Throughout the history of humanity, to be able to survive we all had to learn how to adapt. Unfortunately, the more comfortable people become, …
Would I Buy This Item If It Weren’t on Sale?
Recently I’ve been wondering about buying stuff that isn’t on sale. Well, in reality I almost never buy anything for myself that has a full price tag attached; with kids is a different story and we buy what they need. However, I started questioning this habit of mine and begun asking myself if I need to buy something/anything at all, regardless if it’s on sale …
Unlearning the Bad Habits
Picking up bad habits is soooo easy, as is falling back to default, often dangerously destructive ways. Eating sweets or junk food is a bad habit. I’ve never been a fan of junk food but sweets, ooooh that I can eat. Especially when I feel tired or restless (maybe that’s why I work so much, hmmm… something to think about). The only way that I …
The Road to Freedom
Ever since I can remember, I wanted to be free to do whatever I wanted to do. If you had asked my dad, he would surely tell you that I always did whatever I wanted to do. Well, at least I tried… thanks, dad. When I search deep inside my soul, I know that having the freedom to do what I dreamt of doing was always …
How Much Does Your Time Cost?
Recently I’ve been wondering about the ever-increasing speed with which time passes. That wondering led me straight into a trap of re-visiting and re-thinking how much of my precious time I managed to waste on pointless activities. In reality, I chose to keep busy (lots of tasks to tick off on my to-do lists) for the sake of keeping busy, while creatively I was stuck. …
The Capsule Wardrobe Is Your Friend On The Way to Financial Independence
A capsule wardrobe is a small collection of clothes that easily complement one another, can be mixed and matched, and of course, represent your favourite pieces. Its goal is to minimise waste, save time while choosing what to wear, save money, and become more mindful and minimalistic with our fashion choices. The number of items in a capsule wardrobe varies from 37 to 50; at least, …
The Fear of Missing Out
Our culture and economic system thrive financially on making people feel not good enough. Clever marketers and their campaigns will suggest that such an uncomfortable feeling can quickly “evaporate” if you only buy something that will instantly make you feel great. It doesn’t matter if you can or cannot afford to pay for it; a credit card with a healthy balance will open all the …