{"id":1,"date":"2022-03-24T07:17:19","date_gmt":"2022-03-24T07:17:19","guid":{"rendered":"http:\/\/investing-nomad.com\/?p=1"},"modified":"2022-03-30T12:26:51","modified_gmt":"2022-03-30T12:26:51","slug":"first-intro","status":"publish","type":"post","link":"https:\/\/investing-nomad.com\/?p=1","title":{"rendered":"Late start but start I shall"},"content":{"rendered":"\n<p>First of all, I want to quickly say hi before I set off on my journey towards financial freedom! In short, while I have always had an interest in money, saving and investing, I haven&#8217;t had a proper chance to consistently work towards my future in that sense. While it has been nagging at the back of my head, I am not nearly smart or disciplined enough to choose buying a stock over Friday night drinks. <\/p>\n\n\n\n<p>I have lived in a number of different countries for education purposes and while I did work for a few years some time back, I was doing that while also studying. I am now nearing 30 and am finally finished with my education, I have no plans to marry or acquire mini versions of me in the near future, and am now concentrating on earning a living full time. <\/p>\n\n\n\n<p>While originally from a small nation in norther Europe, I am currently residing in South Korea. I did a master&#8217;s degree here and have now been working for a few months for a company mainly known in US, to locals it&#8217;s nothing, so no prestige there, but hey, you gotta start somewhere.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Get to the money stuff! <\/h3>\n\n\n\n<p>Let us get straight to the point though. I am planning on using this platform to air my dirty &#8216;money&#8217; laundry and track my journey  to financial freedom. Ideally I would like to retire in max 10 years. Might be impossible, but staying accountable is a great start in my book. I have small amount of assets in 3 different currencies (think just few hundred bucks for USD for example) but for clarity let me decide on EUR as the currency for this blog. I will convert everything in USD and KRW and list important values in EUR at the current conversion rate. I have done a little bit of investing, very inconsistently so I am not starting at flat out 0 but I have a long way to go.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Goals<\/h2>\n\n\n\n<p>Before I get into the dirty details, let me just list out some goals I have for 2022. Here goes:<\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<ul class=\"wp-block-list\"><li>Save at least 50% of the income, this should either go to investing or into holding<\/li><li>Update monthly progress here for accountability<\/li><li>Read at least one, at least somewhat &#8216;finance&#8217; related book per quarter <\/li><li>Number goals for the year:<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Q1<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Q2<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Q3<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Q4<\/strong><\/td><\/tr><tr><td>Net worth goal<\/td><td class=\"has-text-align-center\" data-align=\"center\">22.000\u20ac<\/td><td class=\"has-text-align-center\" data-align=\"center\">29.000\u20ac<\/td><td class=\"has-text-align-center\" data-align=\"center\">36.000\u20ac<\/td><td class=\"has-text-align-center\" data-align=\"center\">43.000\u20ac<\/td><\/tr><tr><td>Quarterly passive <br>income goal<\/td><td class=\"has-text-align-center\" data-align=\"center\">100\u20ac<\/td><td class=\"has-text-align-center\" data-align=\"center\">150\u20ac<\/td><td class=\"has-text-align-center\" data-align=\"center\">225\u20ac<\/td><td class=\"has-text-align-center\" data-align=\"center\">325\u20ac<\/td><\/tr><\/tbody><\/table><figcaption>Monetary goals<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<p>Given that end of Q1 is only a few days away, I admit I might have been a little biased setting the goals. As see though, my goal is to continuously increase the passive income coming in every quarter, hopefully I can make a total of 800\u20ac passively in 2022. That would be an awesome first year.<\/p>\n\n\n\n<p> As for the current set of assets and distributions, I will get into it in the monthly and quarterly update next week. <\/p>\n\n\n\n<p>There! First step taken, step in the right direction I sure hope. To celebrate, will grab one drink less on the coming Friday!<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First of all, I want to quickly say hi before I set off on my journey towards financial freedom! In short, while I have always had an interest in money, saving and investing, I haven&#8217;t had a proper chance to consistently work towards my future in that sense. While it has been nagging at the<\/p>\n<div class=\"read-more-wrapper\"><a class=\"read-more\" href=\"https:\/\/investing-nomad.com\/?p=1\" title=\"Read More\"> <span class=\"button \">Read More<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":20,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[4,5,6,7],"class_list":["post-1","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-finance","tag-financial-freedom","tag-passive-income","tag-retirement-fund"],"_links":{"self":[{"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/posts\/1","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1"}],"version-history":[{"count":8,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/posts\/1\/revisions"}],"predecessor-version":[{"id":31,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/posts\/1\/revisions\/31"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=\/wp\/v2\/media\/20"}],"wp:attachment":[{"href":"https:\/\/investing-nomad.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investing-nomad.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}