Investing Money & Early Retirement

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Milestones of FI

I love targets! Tell me how to do something and I will fulfill my job to the level you expect. Tell me what to reach without telling me how and I will blow your mind. Well, at least that is how I perceive myself and this is why I set out to find my perfect milestones of FI. It motivates me to find ways to… Read More »Milestones of FI

Why Seek Financial Independence

This is the last letter in my crash course on financial independence and might be the most important one of all. It is all about the questions: why seek financial independence? For me there are three reasons why I want to be financially independent: 1.   Security.  Knowing that I have money on the side in case of a major crisis, lets me sleep good at night.… Read More »Why Seek Financial Independence

How Much Money Do You Need?

Now that we have discussed the three levers of financial independence, you understand the basic concepts behind them and know what action plans you can implement to use each of them effectively. The one remaining question is: How much money do you need to never have to work again? Net Worth: Assets minus Liabilities The first thing you need to do is:  Track your net… Read More »How Much Money Do You Need?


Still remember the three levers of financial independence? Income, Expenses and Investing. In this letter, we will focus on how to invest your money. Why not first focus on income? Simply because I personally feel that for the three levers of financial independence the order of importance is 1) expenses, 2) investing and 3) income.  There is one part to investing which can seem like… Read More »Investing

An Intro to Financial Independence

Welcome to Chocolate and Money! It is amazing to have you here! If you are asking yourself: “What is financial independence?”, then this is the right place to be. Whether you are new to personal finance or already have a basic understanding of financial independence, I hope that these six letters will give you value and put you on the right path towards a financially… Read More »An Intro to Financial Independence