Narwhals!
It's a joke, of course it is. But it's amazing to realize that most people don't even believe that those Unicorns of the Sea really exist. We (the people) are missing the big picture here, the elephant in the room.
I'm talking about your daily expenses. It's easy to get a monthly picture of where your money went. But did you ever realized how much your $5 fancy-a** coffee will cost you over a big enough time period? And I'm not only talking about the actual expense, but also about the missing opportunity of having your money working for you, generating a passive income as you invest it.
How it works
- Pick a transaction that you identify as recurring
- Tell us how often (e.g. 5 times a week)
- We will give you the bigger picture (compound interest calculated over 10 years if you invested this monthly)
- We can also give you alternatives (e.g. reduce the frequency) and help you set up goals and/or incentives to reallocate your resources
Inspiration
This article from a blog about Financial Independence was the first inspiration for our project.
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