Day 7

So one thing I haven’t shared yet and what’s pretty significant. How much do I spend each month on my home, utilities, shopping, etc. For a reaaaal basic lifestyle I need about € 1.400 a month and that’s including health care insurance. This is really basic believe me. If I wanted to live like a normal person I would easily go over 2k without buying extra luxury stuff.

The reason why I’m bringing this up is because I think I’m overspending on my rent right now. All-in my house is € 825 a month. That’s with energy, water and internet.

My appartement is really small it’s more like a studio. Everything except for the bathroom are in the same space. My bedroom is separated with a framework with glass from the living room but it’s basically the same room.

It’s 40 square meters. I live in The Hague which is not very cheap and its a really nice building / neighborhood.

I wanna get my monthly costs down so I can get to financial freedom quicker. It’s only two years so I have to grap every opportunity that presents itself.

I’m looking around for some cheaper things in The Hague and I’ll check out some real-estate housesitting companies. Lets see what they have in store. It kinda feels like a step back but on the other hand it feels like the right thing to do right now. The price will be 1/4 of what I’m paying right now so it’s definitely worth looking into.

Another thing I could do is rent out the place I have on AirBNB but I’ll have to talk to the landlady about it and we’re not on the best terms right now as I told you in one of the previous posts.

Let me know what you would do in my situation!

Onwards!

Day 7 breakdown:

Expected expenses today:
Around 15 for grocery shopping

Expenses yesterday:
Personal:
€ 17,56 for grocery shopping
Business
€ 0,00

Expected income today:
Nothing it’s the weekend

Income yesterday:
€ 0,00

Wallet:
€ 2,55

Current balance personal account:
€ 55,83 – € 17,56 = € 38,27

Current balance business account:
– € 36,22

Total:
€ 4,56


– IRS: € 46.745,16
– Business: € 22.016,58
– Personal: € 8.609,99

Total Debt:
€ 77.371,73

Balance day 7:
– € 77.367,13


€ 5.000

That’s all folks!

Cheers,
David

Currently reading this financial book:



Bob Proctor – You Were Born Rich

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