Monthly Finance Update #35
March Update, 2022. Overview Income after tax: 11.358 dkk 1527 € Invested amount: 7.662 dkk 1030 € Savings rate: 68 % Total invested in indexes: 330.294 dkk 44.408 € Investments: A pretty good change in the portfolio for March increasing 3,89% equalling a change of 12.400 dkk. Last month’s decrease is now a chunk smaller as the total amount in indexes has now increased again. Ups and downs every month. Part of the journey! Tiny House progress Updates on the tiny house build from start…
Monthly Finance Update #34
February Update, 2022. Overview Income after tax: 15.719 dkk 2113 € Income yearly dividend: 14.500 dkk 1949 € Invested amount: 14.500 dkk 1949 € Invested into savings: 9177 dkk 1233 € Savings rate: 78 % Total invested in indexes: 303.613 dkk 40822 € Investments: Another decline this month due to the crazy situation in Ukraine. A very unfortunate war that hopefully will be resolved peacefully. Getting very used…
Monthly Finance Update #33
January Update, 2021. January Income after tax: 9.451 dkk 1250 € Invested amount: 0 dkk 0 € Invested into savings: 5315 dkk 0 € Savings rate: 56 % January – Total invested in Indexes: 333.799 dkk 47.470 € Investments: Now that’s a decline when looking at only this month! Luckily 2021 gave a return of + 20%. January – Portfolio change since previous month -5,44% Very big drop in the stock market to start 2022 off. Maybe…
My net worth growth over the past 4 years
Each year New Years day while I do the recap and review of the previous year I also track and write down my net worth number. I started 4 years ago and love the progress so far! Why do this very FIRE style thing activity each year? It’s bloody simple and easy thing to do with a big impact. And the only way to see whether your working further towards your FIRE number or moving further away from it. What is the net worth number? Quite simply the total value of assets minus all debt. Networth = Assets – Debt. The fancy numbers : 1.1.2018 251.000 dkk 33.700€ 1.1.2019 …
How was 2021? Goals for 2022
2021 is now a time of the past and it’s time to see how it went. I’m a big fan of new years assessment of how the year has turned out. Whether is has been full of steps towards your personal and professional goals, and of course seeing where there is room for improvement. Work and my first company! This year has been quite a bit of balancing working at the school and focusing on the start of my new company. Where I help webshops and many other types of companies grow through paid advertisement. This year has been jampacked with a lot of new learnings and working out how…
Monthly Finance Update #30, 31, 32
All three updates in one: October, November, December Update, 2021. Hi everyone! It’s been a while again. Loads has happened since last time. Also major plans for 2022! (Which I, unfortunately, can’t share in details what are, here on the blog, as it has to be kept quiet until June, sorry! ) I got way behind doing the monthly reports as 75% of my income is coming from the business I’m running. Therefore having a little harder tracking my income as I only know later what my expenses for the company are yearly and how much I’m going to pay in taxes. A system is on the way! Also actually…
Monthly Finance Update # 29
September Update, 2021. September’s update. Here we go! Income after tax: 7260 dkk 975 € Invested amount: 0 dkk 0 € Savings rate: 41 % Total invested in Indexes: 370.657 dkk 49818 € Portfolio change since previous month -2,71 % What has happened in September? Investments:Finally, we’ve had the first drop in the market for quite a few months which was quite expected. This resulted in a drop of 12,000 kr this month, which is to be expected after about a +20%…
Monthly Finance Update # 28
August Update, 2021. August’s update. Here we go! Income after tax: 18.113 dkk 2434 € Invested amount: 13.625 dkk 1831 € Savings rate: 75 % Extra amount invested (from savings account): 11.375 dkk 1529 € Total invested in Indexes: 359.505 dkk 48.327 € Portfolio change since previous month + 2,65 % What has happened in August? Investments:Another month with an increase in the investments. It does now feel like it’s been many months in a…
Monthly Finance Update # 27
July Update, 2021. July’s update is today published on the 1st. There we go! Back on track with the updates. Income after tax: 6.500 dkk 873 € Invested amount: 2.796 dkk 374 € Savings rate: 43 % Extra amount invested (from savings account): 22.204 dkk 2984 € Total invested in Indexes: 322.191 dkk 43.317 € Portfolio change since previous month + 1,14 % What has happened this month of July? Investments:Small increase in portfolio size.…
Monthly Finance Update #24, 25, 26
All three updates in one : April, May, June Update, 2021. Hi everyone! It’s been awhile. I got way behind doing the monthly reports as I’ve been focusing on getting my business up and running. I received a wonderful message from ‘Lasse’ who was very interested in knowing when the next monthy update was coming. As you may be able to relate to; I have thought many times does anyone really read this blog? So it was really refreshing to hear from ‘Lasse’ and this gave me a motivational boost to keep on going! Thanks Lasse ! It also made me check the analytics and 19,500 unique visitors have visited…
