Financial freedom

A lot is written about it and even more searched for, we want it all. Become rich! It seems to be so easy and everyone should be able to do it. Yet it often seems more difficult than expected. Below is a small step-by-step plan to more financial freedom, and who knows? A rich life!

Know what your income is

It is very important that you know what comes in each month in income and what goes out in expenses. This way you will no longer be faced with surprises due to unexpected bills. If you map out your income and expenses, you know exactly what you have left every month to save and/or do fun things. Without an overview, you run a great risk of getting into debt because you will spend money and you do not know whether it is actually there. You can create a cash book online in which you can easily create a nice overview of your finances.


If you know exactly what your income and expenses are, you can see if there are ways to cut back. In many households, some savings can be made here and there. A subscription to a magazine that you once purchased but may no longer find worthwhile. Or on insurance, perhaps you are double insured or insured more expensively than necessary. Check all your expenses and see where you could reduce them a bit.


Pinning is a dangerous habit. Buy a sandwich here, buy a drink there. If you add up all those small amounts it suddenly becomes a large expense. That is why it is wise to withdraw 1 x household money for 4 weeks every month when the salary is paid. Calculate how much you need per week and include this amount x 4. This gives you more insight into what you spend. And if you have any leftover from the household money, you can put it back in your piggy bank or put it in your savings account.


Make it your priority to save at least 10% of your income every month. Have it automatically debited to your savings account so you don’t have to worry about it. Familiarize yourself with the types of savings accounts available and the interest rates. Put your savings in an account where you get a high interest rate on your savings. The more you save, the more fun it becomes. Saving gives you a good feeling, not only does it give you more self-confidence. You no longer have to worry about unforeseen expenses that can always arise, such as a broken car or washing machine, or an unexpectedly high bill on your doorstep. Another good way to save is to purchase a piggy bank and put some change in it every day. This way you hardly notice that you are saving because the amounts are so small. However, you will notice that after a few months you have unknowingly saved a considerable amount.

More income

Now that you have an overview of your finances, know where to cut back and set aside an amount every month to save, you can start trying to generate more income. If you have more income, you can save more and your assets will increase slightly. This is often the most difficult part. Still, there are dozens of ways to make more money, if you’re willing to put in the work. No one has ever become rich by sitting still. For example, have a conversation with the boss about a promotion, do some extra work here and there, or start your own online store. Do you follow your passion, what do you enjoy doing? People often earn more when they do things they like and put their feelings into it, which is often rewarded. Find out for yourself what you like and what you would like to do.