We didn’t stoke the flame, but we started the FIRE

As I have written before FIRE is ‘financial independence, retire early.’ However, why do people pursue this? What are the reasons? Dave Ramsey always says ‘Live like no one else, so you can live like NO ONE else.’ While he is best known for his advice on becoming debt-free, his methods and mentality are also Read More

7 things I cut out of my budget

Make-up. Now this one was very hard for me to do as I loved to do my make-up and try new looks. I had to do this one slowly because I also had to learn to not associated self-confidence with this. I still have mascara, concealer, and lipsticks, but I do not buy as often Read More

5 simple ways to become zero-waste or minimalist and save money!

Reducing your carbon footprint and saving money do not appear to be a tandem team but they very well can be. Buy and sell second-hand goods. I can honestly make an entire post exclusively about this topic. However, the idea is that you sell the goods you are no longer using and instead of throwing Read More

Creating a budget is a stop on the way to financial freedom

Creating a budget has helped me to enjoy living in Stockholm. Having a budget tells you where your money is going, making it is less stressful. So you do not have to be screaming trying to figure out how to pay your rent because you spent too much money on avocado toast. So, I had Read More

What are the baby steps and should you do them?

Disclaimer: This post is a general overview of the baby steps and my opinions. It is not meant to replace Dave Ramsey’s books about the baby steps or financial peace university. I am not affiliated with Dave Ramsey or his companies. Some of you have heard of Dave Ramsey’s baby steps, which are a great Read More

5 ways to increase your savings rate

When you are on the path to FIRE (if you do not know what FIRE is, here is a link) or on the path to financial independence, having a higher than normal savings rate can help kick start it. Zero-dollar based savings – This one is my all-time favorite. It is the easiest to keep Read More

The importance of financial literacy – 5 reasons

April is ‘Financial Literacy’ month. This is to spread awareness of the importance of this issue. It is the possession of a set of skills and knowledge that will allow an individual to make effective decisions on their fiances. Some of you might be thinking – ‘Well, why is it important?’ You are right, why Read More

Travel Hacking – What is it?

You’ve heard of house hacking but what is travel hacking? This is not a new concept, its been around since the 1970’s, when the first frequent flyer loyalty program was created. The basic idea is to take advantage of a situation to make it more cost-effective. Especially to earn free flights, hotels, and rental cars. Read More

Taxes – U.S. vs. Sweden. How are they different?

Only 2 countries require all citizens to file taxes: Eritrea and the good ol’ US of A. Tax season in the U.S. can be stressful, especially for ex-pats. However, I’ve been filing my taxes for a couple of years now and feel that I have got the hang of it. Aside from this year, as Read More