Category: Finance

“Trade the Trend” Strategy – March 2025 update

March 11, 2025

If you’re new to this post, please check the first post to know what this is about.

Sector SPDR ETFs page was updated with February data, so it’s time to update our numbers and buy more participations to the ETFs.

Since last update, here is how the portfolio looks like as of yesterday’s close:

I’ve been thinking on how to distribute the weight better and found no automatic way to calculate the weight based on positive and negative returns. So, I decided to simplify this to the maximum by assigning a specific amount to each “rank”.

The company with the highest return in the previous month is ranked as 1st, the next one is 2nd and so on. Afterwards, the monthly investment amount is manually assigned as below:

Updated	Symbol	Sector	1 Month	Rank	Monthly investment
28-02-25	XLP	Consumer Staples	5.08%	1	200
28-02-25	XLRE	Real Estate	4.22%	2	180
28-02-25	XLE	Energy	3.79%	3	150
28-02-25	XLU	Utilities	1.68%	4	120
28-02-25	XLV	Health Care	1.48%	5	100
28-02-25	XLF	Financials	1.41%	6	80
28-02-25	XLB	Materials	-0.02%	7	70
28-02-25	XLC	Communication Services	-0.37%	8	40
28-02-25	XLI	Industrials	-1.44%	9	30
28-02-25	XLK	Technology	-2.26%	10	20
28-02-25	XLY	Consumer Discretionary	-7.02%	11	10

Based on above table, I will proceed with buying the ETFs with the amounts listed in the Monthly investment column.

“Trade the Trend” Strategy – February 2025 update

February 12, 2025

If you’re new to this post, please check the first post to know what this is about.

Since Sector SPDR ETFs page was updated with January data, let’s update our numbers and buy more participations to our ETFs.

Since last update, here is how the portfolio looks like today:

Symbol	Quantity	Cost Price	Cost Basis	Close Price	Value	Unrealized P/L
XLB	0.1706	89.67	15.30	89.26	15.23	(0.07)
XLC	1.3821	99.38	137.35	103.37	142.87	5.52
XLE	0.3273	93.48	30.59	91.24	29.86	(0.73)
XLF	2.1001	50.98	107.06	51.54	108.24	1.18
XLI	0.429	142.67	61.21	138.61	59.46	(1.75)
XLK	0.6323	241.20	152.51	236.33	149.43	(3.08)
XLP	1.5725	77.72	122.21	80.61	126.76	4.55
XLRE	1.1019	41.66	45.90	42.26	46.57	0.67
XLU	0.9634	79.42	76.51	79.39	76.48	(0.03)
XLV	0.6372	144.08	91.81	146.03	93.05	1.24
XLY	0.7251	231.21	167.65	223.78	162.26	(5.39)
TOTAL			1,008.10		1,010.21	2.11

I’ve made some changes to how I calculate the weight from a grand total. I still don’t like how it works, especially when there are negative and positive numbers. Until I will have an idea about this, I will just do nothing with the ETFs that are in negative in the previous month.

So here is January 2025 data for SPDR ETFs and the $1,000 investment into the 11 sectors that I will do now:

Symbol	Sector	Last Month	Rank	Ratio of grand total	Monthly investment
XLK	Technology	-0.70%	1	-1.74%	(17.39)
XLP	Consumer Staples	0.55%	2	1.37%	13.66
XLRE	Real Estate	1.83%	3	4.55%	45.45
XLE	Energy	2.39%	4	5.94%	59.36
XLU	Utilities	2.92%	5	7.25%	72.53
XLY	Consumer Discretionary	3.54%	6	8.79%	87.93
XLI	Industrials	5.02%	7	12.47%	124.69
XLB	Materials	5.58%	8	13.86%	138.60
XLC	Communication Services	5.82%	9	14.46%	144.56
XLF	Financials	6.54%	10	16.24%	162.44
XLV	Health Care	6.77%	11	16.82%	168.16

Remember, Technology will have no investment this month. Need to come up with a better idea on how to calculate the weight of each sector, even when some of them are in negative. If you have any ideas, please drop a comment.

Testing the “Trade the Trend” Strategy with Sector SPDR ETFs

January 23, 2025

I’ve been toying with an idea for a while now, and I finally decided to put it to the test. My curiosity revolves around the “trade the trend” strategy, specifically by following Sector SPDR ETFs.

For those unfamiliar, the “trade the trend” strategy is a trading approach that involves identifying and capitalizing on prevailing market trends. As described by HowToTrade.com, this strategy relies on spotting the direction in which a market is moving and making trades that align with that trend. The goal is to ride the trend for as long as possible to maximize profit.

However, I wanted to add a twist to this strategy. Imagine we’re in a bull market, a period during which prices of securities or assets are rising or expected to rise. In simpler terms, everyone is saying the stocks are going up. My idea is to rank the ETFs by their performance in the previous month and invest a weighted amount in each sector.

The weight ratio by grand total is a formula used to express the proportion of a part relative to the grand total. It is calculated by dividing the weight of the part by the grand total weight, then multiplying by 100 to get a percentage. This shows how significant each part is within the whole.

Let’s see an example of weighting with a grand total investment of 1,000:

Company A – 100
Company B – 150
Company C – 50
Company D – 250
Company E – 450

Grand Total Investment = 100 + 150 + 50 + 250 + 450 = 1,000.

Now, to compute the weight ratios for each company:

Company A: Weight Ratio = (100/1,000) × 100 = 10%
Company B: Weight Ratio = (150/1,000) × 100 = 15%
Company C: Weight Ratio = (50/1,000) × 100 = 5%
Company D: Weight Ratio = (250/1,000) × 100 = 25%
Company E: Weight Ratio = (450/1,000) × 100 = 45%

What this means is that from the monthly available amount, 10% of it will be invested in Company A, 15% in Company B, 5% in Company C, 25% in Company D, and 45% in Company E.

Every month, the rank will be recalculated, and specific amounts from the monthly available amount will again be invested according to the calculated weight based on the performance of each ETF in the previous month.

Now, let’s see a real world example with the Sector SPDR ETFs.

According to SPDR page, December 31, 2024, monthly performance for each sector is detailed below:

After working some magic with Power Query, I generated the ranking below. Keep in mind: lower ranks indicate poorer performance.

Symbol	Sector	1 Month	Rank	Ratio of grand total
XLB	Materials	-10.79%	1	1.52%
XLE	Energy	-9.54%	2	3.03%
XLRE	Real Estate	-8.60%	3	4.55%
XLI	Industrials	-7.96%	4	6.06%
XLU	Utilities	-7.93%	5	7.58%
XLV	Health Care	-6.20%	6	9.09%
XLF	Financials	-5.44%	7	10.61%
XLP	Consumer Staples	-4.81%	8	12.12%
XLC	Communication Services	-1.38%	9	13.64%
XLK	Technology	-0.34%	10	15.15%
XLY	Consumer Discretionary	1.13%	11	16.67%

Given the table, we need to allocate 16.67% of our available funds into the XLY ETF (Consumer Discretionary) and 1.52% into the XLB ETF (Basic Materials), and similarly for each sector.

If we have 1,000 to invest this month, the distribution would match the percentages listed in the final column:

Symbol	Sector	Ratio of grand total	Monthly investment
XLB	Materials	1.52%	15.15
XLE	Energy	3.03%	30.30
XLRE	Real Estate	4.55%	45.45
XLI	Industrials	6.06%	60.61
XLU	Utilities	7.58%	75.76
XLV	Health Care	9.09%	90.91
XLF	Financials	10.61%	106.06
XLP	Consumer Staples	12.12%	121.21
XLC	Communication Services	13.64%	136.36
XLK	Technology	15.15%	151.52
XLY	Consumer Discretionary	16.67%	166.67

For this test, my focus is on the long-term performance of this investment strategy. I’ll be disregarding recent events like the ~~fake~~ Santa rally, new presidency, and the past two years of high returns, starting with data from December 2024 only.

My plan is to conduct this exercise every month, investing 1,000 each time using my Demo account in Interactive Brokers broker. I’ll be sharing monthly blog updates on the progress. As for the duration of this test – I’m not sure yet, I will let the Universe decide this 🙂

So here’s the January test investment of $1,000 into the 11 sectors:

Symbol	Date/Time	Type	Quantity	Price	Invested	Commission
XLB	2025-01-23, 09:30:00	BUY	0.1706	88.78	-15.15	-0.15
XLC	2025-01-23, 09:30:00	BUY	1.3821	98.6572354	-136.35	-1
XLE	2025-01-23, 09:30:00	BUY	0.3273	92.5500092	-30.29	-0.3
XLF	2025-01-23, 09:30:00	BUY	2.1001	50.5009533	-106.06	-1
XLI	2025-01-23, 09:30:00	BUY	0.429	141.26	-60.6	-0.61
XLK	2025-01-23, 09:30:00	BUY	0.6323	239.62	-151.51	-1
XLP	2025-01-23, 09:30:01	BUY	1.5725	77.08	-121.21	-1
XLRE	2025-01-23, 09:30:00	BUY	1.1019	41.2453762	-45.45	-0.45
XLU	2025-01-23, 09:30:00	BUY	0.9634	78.63	-75.75	-0.76
XLV	2025-01-23, 09:30:00	BUY	0.6372	142.649997	-90.9	-0.91
XLY	2025-01-23, 09:30:10	BUY	0.7251	229.83	-166.65	-1

Investing vs. Trading. Understanding the basics.

December 23, 2024

When it comes to building wealth and managing your finances, there are two common strategies that can be confusing for some people – investing and trading. While they may seem similar at first glance, they have distinct differences and use cases.

What is investing?

Investing is the process of purchasing assets with the goal of long-term growth. This strategy focuses on holding assets for an extended period, often years or decades. The idea is to build wealth gradually through the appreciation of these assets and, in some cases, earn income from them (like dividends or interest).

Types of investments:

Stocks: Buying shares of a company, which represent a portion of ownership. Over time, as the company grows and becomes more profitable, the value of these shares typically increases.
Mutual Funds: Pooled funds managed by professionals that invest in a diverse portfolio of stocks, bonds, or other securities.
ETFs (Exchange-Traded Funds): Similar to mutual funds but traded on stock exchanges like individual stocks.
Bonds: Loans to governments or corporations that pay periodic interest and return the principal at maturity.
Real Estate: Investing in property, either for rental income or long-term appreciation.
Commodities: Investing in raw materials or primary agricultural products such as gold, oil, natural gas, or wheat.

Benefits of investing:

Compound Growth: Over time, your investments can grow exponentially due to compounding returns.
Diversification: Reducing risk by spreading investments across various asset classes and sectors.
Passive Income: Earning income without active involvement, such as dividends from stocks or rental income from real estate.

What is Trading?

Trading involves buying and selling assets frequently, often within short time frames ranging from minutes to months. Traders seek to profit from market fluctuations, capitalizing on short-term price movements.

Types of trading:

Day Trading: Buying and selling assets within the same day.
Swing Trading: Holding assets for several days to weeks to profit from short-term price movements.
Scalping: Making numerous trades throughout the day to profit from small price changes.
Position Trading: Holding positions for months, based on longer-term trends.

Benefits of trading:

Quick Profits: Potential to make money quickly by exploiting short-term market movements.
Flexibility: Ability to react to market changes and adjust strategies accordingly.
High Liquidity: Easy to enter and exit positions due to the short-term nature of trades.

What about risk?

Investing tends to be less risky due to diversification and holding assets long-term. Trading can be riskier due to the fast-paced nature and reliance on market timing.

Real-life examples of investment and trading

Investing	Trading
Regular contribution of a portion of the income to the retirement plan. Over the years, as the market grows, so does the investment. By the time you retire, the investments have significantly appreciated as well.	Buying and selling stocks within the same trading day using technical analysis indicators to make quick decisions.
Investing in real estate by purchasing a rental property and renting it out. The rental income covers the mortgage payments and provides a steady cash flow	Follow economic news and market trends to buy and sell commodities. When the price of an asset seems to rise due to geopolitical tensions, buy a specific asset. Weeks later, after the price increased as expected, sell the asset at a higher price, earning a profit from the trade.

Summing it up, investing is more suitable for individuals looking to build wealth over time, save for retirement, or fund long-term goals like buying a home or paying for education. While trading is best for those lucky people who have time to monitor the markets closely, have a higher risk tolerance, and seek to capitalize on short-term opportunities.

For further reading, you might find the well-regarded portal insightful for a more comprehensive definition of these two strategies: https://www.investopedia.com/ask/answers/12/difference-investing-trading.asp

Getting Started with Dollar Cost Averaging (DCA) in Cryptocurrency

December 18, 2024
I used to think/believe that crypto was just a big scam – a way to buy fake money with real money was not appealing to me. But with all the recent news about Bitcoin ETFs, rumors about the U.S. government considering the creation of a strategic Bitcoin reserve, Regulatory Acceptance etc etc, I’ve changed my tune.

Funny thing is how I thought $100 for a Bitcoin was not acceptable, not even $1.000 or $60.000, but reading more about it and analysts’ predictions for the next years, $108.000 (today’s highest) seems cheap now 🙂

With my tail between the legs, I’m dipping my toes into the crypto waters, setting up some DCA bots to slowly give away my real money for something I will never see or touch. It’s exciting and impressive to see how the landscape is evolving, and I’m eager to see where this journey takes me! Better late than never, I guess.

Since I used DCA with stocks and index funds successfully for few years now, I decided to use it with crypto, especially since I have never swum in this lake before.

So what is DCA?

In simple terms, Dollar Cost Averaging (DCA) is an investment strategy where an investor divides the total amount to be invested across periodic purchases of a target asset regardless of the market price. This method/strategy aims to reduce the impact of volatility on the overall purchase by spreading out the investment over time, rather than investing a lump sum all at once.

Why using DCA?

DCA is often compared to market timing strategies. While market timing can yield higher returns if done correctly, it requires significant skill and market knowledge. DCA, on the other hand, is simpler, reduces the risk of poor timing and emotional decision-making.

Again, in simple terms, DCA is used to mitigate the risks associated with market timing and volatility. By investing regularly over a period, investors can average out the cost of their investments, potentially buying more shares or units when prices are low and fewer when prices are high. This strategy is particularly useful for long-term investments and for individuals who may not have the time or expertise to actively manage their investments.

Pros and Cons of Dollar Cost Averaging

Pros:
- Reduces Timing Risk: By spreading investments over time, DCA reduces the risk of investing a large amount of money just before a market downturn.
- Disciplined Saving: DCA encourages a disciplined approach to investing, making it easier to stick to a financial plan.
- Lower Emotional Stress: Regular, smaller investments can help reduce the emotional stress and anxiety associated with trying to time the market.
- Potential Lower Average Cost: Over time, the average cost per share or unit may be lower than if a lump sum were invested at a single point in time.
Cons:
- Missed Opportunities: If the market rises steadily over time, a lump sum investment at the beginning could potentially yield higher returns compared to DCA.
- Higher Transaction Costs: Regular investments may result in higher transaction costs, especially if the brokerage charges fees per trade.
Guess there is too much text, let’s see some examples.

An investor decides to invest $12,000 in Bitcoin using DCA. He/she plans to invest $1,000 at the beginning of each month for a year.
- Month 1: Bitcoin price is $90,000. The investor buys 0.0111 BTC.
- Month 2: Bitcoin price drops to $80,000. The investor buys 0.0125 BTC.
- Month 3: Bitcoin price rises to $100,000. The investor buys 0.01 BTC.
- …
By investing monthly, the investor buys Bitcoin at different prices, which could help manage the volatility inherent in the cryptocurrency market.

Conclusion

Dollar Cost Averaging is an investment strategy that can help manage market volatility and reduce the risk of poor timing decisions. While it has its advantages, such as promoting disciplined saving and reducing emotional stress, it also has some drawbacks, including potentially higher transaction costs and missed opportunities. However, for long-term investors, DCA can be a valuable tool to build wealth over time, whether investing in stocks, crypto, or other assets.

Referral links

If you’re interested in diving into cryptocurrency investments, consider using my referral links from platforms like Binance and Bybit and we will both benefit from it. Both platforms offer attractive referral programs for new users, although Binance is a more straightforward than Bibit, in my opinion.
- Binance https://www.binance.com/en/activity/referral/offers/claim?ref=CPA_00TSS5ZH3W. “When a friend you’ve invited via Referral Mode successfully registers for a Binance account and makes a deposit worth more than 50 USD within 14 days of registration, you’ll both receive a 100 USD equivalent trading fee rebate voucher as a one-time reward“. Additional information about the referral program on Binance: https://www.binance.com/en/support/faq/introduction-to-the-binance-referral-program-d10f95a5ac8847bdb6f422a26921745d
- Bybit https://www.bybit.com/invite?ref=797BB7Q. Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program. There are a lot of rewards that can be earned but it depends on how much you’ll invest. Additional info about the referral program on Bybit: https://www.bybit.com/en/referral/.
Both platforms have very easy ways to setup recurring crypto investments. I’m adding the links below to save you time looking for it 🙂 Either way, if you’d like a post specifically about setting this up on either platform, let me know in the comments.

Binance: What Is Auto-Invest and How to Use It

Bybit: Learn How to DCA Into Crypto With Bybit’s DCA Trading Bots

Happy investing!
What is an expense/budget category and how to use it

December 25, 2023

An expense category is a group of expenses within the budget that helps you gain a better understanding of your spending habits and make informed decisions about your finances.

You can think of it as a way to organize your expenses into different groups. This can help you identify areas where you are overspending and adjust your budget accordingly. While the fewer categories you have, the easier it will be to get insights from your budget, there are a few categories that are “a must”.

Housing: This category includes expenses related to your home, such as rent, mortgage payments, property taxes, and home maintenance costs. Some people add utilities to this category, other don’t. Try and see what’s best for you.

Transportation: This category includes expenses related to getting around, such as car payments, gas, maintenance, parking, tolls, ridesharing costs, and public transit.

Food: This category includes expenses related to groceries, dining out, and other food-related expenses.

Personal/Lifestyle: This category includes expenses related to personal care, entertainment, hobbies, and other lifestyle expenses.

Insurance: This category includes expenses related to insurance premiums, such as home, car, and health insurance.

Debt: This category includes expenses related to paying off debt, such as credit card payments, student loans, and other loans.

Savings and Investment: This category includes expenses related to saving money and investing for the future.

Following the Excel file from the Expense tracking spreadsheet post, our expense tracker/budget would like this:

This Excel file can be downloaded from here. No subscription needed, it is available to download freely 🙂 just right click on the link and select save as.

Featured image by Kelly Sikkema on Unsplash.
Expense tracking spreadsheet

October 11, 2023
Continuing the previous post, How I took control of my money, let’s see how easy it is to see where your money is going.

My long term idea is to write few articles with different topics but when you’ll put everything together, you’ll get a pretty nice money tracking and planning Excel file.

Again, for any specific needs, ideas, help, feel free to get in touch with me.

So, expense tracking. Very shortly, what it is and why it is needed?

Expense tracking allows you to record and categorize expenses. Ideally, it is used as part of a budget but, for those who never had a budget or never tracked their income and expenses, simply tracking these will help a lot.

To get into the habit of using it, a very simple spreadsheet is enough. Later on more things can be added to track other items as well, like categories and subcategories.

Why you need it?
1. It will allow you to take control of you finances.
2. it will show you your bad spending habits.
3. It will allow you to see spending patters and eliminate them. Did you ever think about how much you’re paying monthly by buying one coffee every day? Let’s do some math quickly: 2$ coffee x 20 business days avg x 12 months, would be 480$. Almost 500$ a year for coffee only!
4. It will help you save money.
5. Last but not least important, improving your or your family’s financial life, will improve your life in general and the relationship with your partner.
While there are a lot of apps, online software and even pre-built Excel and Google Docs worksheets on the internet, if you need something really-really simple, consider the one below:

Important notes:
- To make this tracker ~~bullet-proof~~ accurate, at the end of each month you need to have the same amount in your account and in the spreadsheet. This is called “reconciling the ending balance in the spreadsheet with the actual account balance”.
- To do this, you will need to have a line for the start of the month and another one for the end of the month.
- Starting balance is the money you have in your account at the beginning of each month. You add this amount under Income column as a positive number.
- Ending balance, similarly, is the money you have in your account at the end of the month. As you may have guessed already, these 2 are the same (you start the month with what you ended the previous month, no big logic here), with the exception of the date you start your spreadsheet. You add this amount also under Income column but, as a negative number.
Let’s see below how would 2 months of income and expenses look like.

Right, now that we know how it looks like, let’s see how balance is calculated.

The very first time you start the spreadsheet, Balance field is equal to Income.

Afterwards, every single line follows the same logic: the sum of previous balance (the row above) and Income, minus the expense amount.

Clicking Show Formulas in Excel, this is how Balance formula looks like:

Not so complicated, right? So using a spreadsheet like this will help you see where you’re spending your money. When you have few months of data you can start building some additional charts, pivot tables etc. to see this information in a nicer form. But we’ll reach it later, don’t worry about it now.

For now, get into the habit of adding the information to this file at least weekly, if you cannot do it daily.

Doing it daily, will take you less than 5 minutes. Doing it weekly or monthly, will take you hours to review your account and remember what was that for and the other one etc.

Why it is important to regularly track your expenses? You will quickly spot patterns of where you’re overspending.

To summarize, expense tracking is essential for ~~budgeting and financial management~~ a healthy financial lifestyle. It helps you understand where your money goes, identify bad spending habits, and take control of your financial decisions. Reconciling the ending balance in the spreadsheet with the actual account balance at the end of each month is necessary for accuracy (nobody likes reviewing receipts at the end of the month), and financial reporting later on. Regularly reviewing and analyzing tracked expenses helps you identify areas of overspending, improve the accuracy of each expense/vendor, identify errors and discrepancies.

Again, if you have any question, let me know.

The Excel file can be downloaded from here. No subscription needed, it is available to download freely 🙂 just right click on the link and select save as.

Next article would be about categorizing expenses or creating subcategories to track specific spending areas.

Featured image by Kenny Eliason on Unsplash.
How I took control of my money

September 7, 2023

Well, starting a new “topic” on this blog, personal finance related 🙂

Just to be clear from the beginning, I’m not a finance guru, nor am I an expert in this field. Unless otherwise stated, what I will write here is my own experience with how I did this and that and how I think it helped me.

In no way I’m telling you what to do or how to do it.

So, money… My girlfriend said this several times in the past year: “I created a monster!”. But let’s start with the beginning…

I love working with data! Big data, small data, doesn’t matter, give me data 😀 Personally, I think I have an Excel and Access files for almost everything that have “numbers” in my house. Car mileage and gas consumption, home asset management (as in, I know when I bought and how much I paid for every single piece of furniture or appliance I have in my house, including serial numbers), groceries (yes, every single grocery shopping receipt itemized by product, quantity, price, store), salary income, annual savings planner, rent and household expenses, hiking plan (km/day, pace, distance etc) for long trips or tracking climbing 13 floors at me previous office (don’t ask 😀), etc.

Don’t really remember why, but about 8 years ago I encountered this template from Microsoft (it was uglier then but it had the same idea). In their words: “This Excel template can help you track your monthly budget by income and expenses. Input your costs and income, and any difference is calculated automatically so you can avoid shortfalls or make plans for any projected surpluses. Compare projected costs with actual costs to hone your budgeting skills over time.”

Anyway, I started using it but gave up after few months, very few months. Various reasons but mainly lack of time and lack of support from my spouse in getting the expenses/receipts to the “finance” department.

So this happened for some good 5-ish years. I start the template, spend some hours adding the subcategories and then few months later it’s a dead project.

Time passed by and when a divorce added up, I started everything all over (new rent, appliances, furniture etc.) and every single month living paycheck to paycheck wondering where the hell is my money going!? I only bought this, that and something else, oh and that one, and the subscription I forgot about…

But this time was different. I think because I had the psychological help of my girlfriend. She is quite good at saving and this motivated me!

So I started reading books and listening all possible podcasts about personal finances. I remember like it was yesterday – Christmas vacation, 2021. I read 2 books in 1 week. I listened to tens if not hundreds short-like podcasts in the car during the car rides and every single time I went to the 🚽.

I was astonished by the fact that there is an emergency fund, savings fund, investment, kids, car maintenance…. All these “funds” I had no idea about!

3, or better 6, months of expenses in the emergency fund – yeah sure, I have money until the next paycheck…

Car maintenance? Of course, I will pay from my paycheck when the time comes and then I will just suffer spending less until the next paycheck.

Emergencies? To be honest, I don’t remember how I dealt with them 🙄

Anyway, during that same vacation week, I built a new Excel file (yeah, I know) to add my daily expenses. A very simple file with date, expense details, amount, a category and subcategory. With each day/week that passed by, I was improving the file by adding several tables, sheets etc.

Fast forward 1,5 years, I now have an Excel file where I track my income, plan my monthly expenses, add the real expenses and have the yearly overview of how I’m doing.

So why my girlfriend said: “I created a monster!“? Because ever since I started reading about this 1,5 years ago, finance is my main topic of discussion with anyone, especially with my daughters. Every time I mention something finance related to her, I can see her rolling her eyes 🙂

Anyway, trying to close this post, on which I worked for 2 weeks, writing small pieces whenever I had time. Getting down from spending 4000/year on Amazon to 100/year is a big achievement that I’m really proud of!

To anyone who wants to see where their money is going to, just start with tracking your expenses. You’ll be amazed how easily 10-15 euros in-and-there add up to a big chunk.

If you need any help starting up with an Excel file, contact me and I will try my best to help.