Basics Archives - XenPhi.finance

5. Investments and Asset Classes

Markus — Fri, 21 May 2021 16:00:00 +0000

You’ve made it this far, to the last article in the basic series. Congratulations! This gives you a good You now have a good foundation for your financial freedom, especially if you’ve done the things I’ve encouraged you to do so far. You now have an overview of your income and expenses, know your hourly […]

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4. Handling Money

Markus — Thu, 01 Apr 2021 14:26:00 +0000

Alright, now we know that “good old money” is neither good nor bad and that we are allowed to pile it up it for private purposes. But how do you get that done in a sustainable way? A way where you are not only able to hold the money but you can also multiply it […]

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3. Mindset for Money – Why We May Accumulate It

Markus — Tue, 23 Mar 2021 15:20:00 +0000

In the distant past, before money was invented, the only resource we had was our lifetime: the time our body stands the gaff before it ultimately runs out of steam. We had to invest this time mainly to survive, by hunting or gathering some food so we could prolong our life for the next few […]

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2. What Is the Difference Between Spendings and Investments – and Why Is That so Important?

Markus — Fri, 12 Feb 2021 11:42:00 +0000

On the way to financial freedom, we first need some basic knowledge. It’s similar to learning a new language at school: at first, we get to know a few new words. Without them, it won’t work. But don’t worry, we limit this to two terms in total. Very manageable. If you understand these two and […]

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1. Financial Freedom – What Is That Exactly?

Markus — Sat, 02 Jan 2021 15:58:00 +0000

You’ve made the decision to tackle this challenge and you want to know how to become financially free. Or, you want to know what I have to say about the topic; want to see if you can still learn something. Or you are just curious if there is something behind the bloomy marketing swirl on […]

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