The Two Day Rule

The Two Day Rule

Our daily life is dominated by rules and our actions are more often than not driven by habit. Good habits. Like brushing our teeth. Bad habits – Like grabbing unconsciously for a bottle of soda or a bar of chocolate. Habits can be a blessing or a curse.

As defined in the Cambridge Dictionary a habit is something that we do often and regularly, sometimes without knowing that we are doing it (-1-).

The word „regularly“ is the tricky part. We know that we should floss our teeth regularly or that we should exercise more and regularly during the week. But taking the actual step from knowing what we should do to actually doing it is often times a hard one and we get stuck overthinking our actions or doing something else entirely.

To ease this step and actually start getting things done we can try to take advantage of our our existence as a creature of habits and form useful ones that help us achieve our goals in life.

 The Two Day Rule is the tool that can help us doing so

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September 2019 in review

Portfolio Update September 2019

September went on to become quite an interesting month. On the one hand, I was able to invest a total of 1100€. I bought new stocks, kept the monthly ETF-savings plan running and put some euro into the p2p-platform Mintos. 

On the other hand, I had to access my emergency fund. I withdrew 4000€ for personal matters later this month right after all investments went through. Fortunately the backup cushion was big enough and the psychological impact was minimal.

This situation once again proved to me the importance of having a personal emergency fund. 

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In search of the right strategy

In search of the right strategy

Right after finishing my masters degree in 2017 and entering my current position it was clear that I have to start investing in order to gain more independence and freedom.

The first step towards getting control over my financial situation was getting into the right mindset. I decided to treat my financial life like a business. Tracking income, expenses and investing in the right assets at the right time was the way to go. 

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Hi, I’m J.

Growing up well protected, I developed into a lazy pot smoker during my high school graduation. I began my studies with no goal in mind. The most important thing for me was to get away from the province and do my own thing. Until I was 23 years old, I didn’t care what would happen tomorrow, whether I would make it through my studies or what was happening in the world.

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Hi, I’m K.

 Beginning this blog is like it was for any other exciting new project I ever started. I know the goal but the path to reach it lays under a thick fog screaming at me to better stop. 

 Starting an unknown journey from scratch is by far the scariest part. It seems nearly impossible to find a good starting point because my monkey mind is going haywire. The daunting voice in my head is busy finding things that could go wrong or reasons why I’m not qualified enough to talk about the things that I am interested in. Let alone talking about them not in my native tongue (german) but in english? 

Forget about it.

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