4 years ago, I was in a situation where I just saved 10 Euro a month. I was told to put money aside for emergencies. There was no logic behind my savings. I just put money into a savings account but it didn’t stay there for long, because I thought it would not make a…
Author: Mr. Financial Freedom
Financial Report March 2020
With the COVID-19 pandemic, March 2020 was a very interesting month for people who are investing their money in the stock market. The stock market fall significant and many people lost a very high amount of money. But people only lost their money because they sold their shares. One says, you only loose if you…
FI/RE 101 – Why You Need An Emergency Fund?
Today I want to spend some time on the Emergency Fund. What is it? Where should you keep the money? Why you need an emergency fund? How much money do you need? I was there. I needed money very quick and as it shouldn’t be, there was no emergency fund I could get the money…