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Wallet with euro coins

My monthly Savings Rate report: May 2020

As eluded to last month, May was a life-changing month. I even received a little surprise windfall at the end thanks to my grandmother's inheritance. With all of the preparations done in April, May was relatively calm in terms of expenses. This further improved my Savings Rate and pushed it to an all-time high. 

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PSD2 explained

How PSD2 will make banking more beneficial for you

Isn’t it frustrating to see how something simple like your various bank statements are still separate per bank. Wouldn’t it be great to automatically import them into your favorite banking app? Well, Europe has you covered. With the new Payment Services Directive (Directive 2015/2366, 2015), usually shortened to PSD2.

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Palladium wedding rings on a wooden surface

Should you invest in Gold alternatives? Checking out 3 alternative metals

Our wedding bands
This is the render of the wedding bands we ordered to symbolize our commitment to each other.

Recently, my wife and I were looking for our wedding rings.  

While checking out different stores, I started thinking. Could white gold, platinum, and palladium be good gold alternative investments just as they are alternatives in wedding rings? 

Investors see gold as a safe investment in times of economic turmoil. But what about its lesser-known but more expensive and rare (metal) sibling palladium (not to be mistaken with platinum)? And what about white gold? Should you invest in any of these?

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Wallet with euro coins

My monthly Savings Rate report: April 2020

April was the prelude to a life-changing May. Quite a few preparations were made in April for a big moment in May so it's only a given that some money was spent. Add to that the higher grocery expenses due to the corona measures and you can already guess that April wasn't a cheap month. Luckily I received my profit participation which prevented me from going negative.

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