More about my personal finances

Being married have been one of those decisions that brings a lot of changes in your life, as well as some uncomfortable discussions about how is going to be our finances after this important event.

We have been quite lucky, both basically on the same conditions, broke but without debts and similar incomes. After this we decided to try our finances as a real business. We started listing our inventory, setting up an accounting system, writing down our budget and scheduling some board meetings.

Now after some time we have adjusted our budget ten thousand times, follow our expenses month by month, and reducing our expenses to reach what right now is a really good position.

We are spending 50% of our total income per month and saving the other half and now what to do with those savings is our main problem.

We do have big goals to long and short term but the hard part is arranging what to do with this money meanwhile We rich the goal.

Right now we are in a very crucial time of our life where we are going to take huge decisions and some challenges are arising. It is hard to change but we hope is for the best. We are desperate to start investing instead of saving and all those numbers and proportions and theories about how to do it are making us crazy. After some months I hope to write down a clear strategy and show you some results.

The Secret to Be "Rich"

Since I am in China I started to realize of one of the biggest secrets and is how to be rich. So far I have seen how my assets are growing and I am becoming rich. Now, the other issue is the speed because is still really slow. Maybe in 20 years I won't have to be worry for money anymore but always is better later than never. The secret is as easy as spend less money than you make. Day by day, month by month, for the last year have been my motto and is working. A tied budget and high motivation drove me to the biggest amount of money I have saved in my whole life. As I told before is not so much but if everything continues as it goes definitely I will be rich without doing any effort different to work in something that I like and actually buying the things that I can afford. I hope next year I won't feel ashamed of the amount and decide to publish how much money I have saved and invest, but for sure is a new way of life. Before I made more money and spent twice until I decided to pay all my debts and start with the most stupid concept that is just spend less money than I make and it worked. I hope to keep motivated with this idea and tell more about in future blogs.