DutchGirl's journal

Where are you and where are you going?
Jason
Posts: 126
Joined: Mon Jan 30, 2017 8:37 am

Re: DutchGirl's journal

Postby Jason » Mon Feb 06, 2017 8:30 am

DutchGirl wrote:During the week off, I also really noticed how I kind of need to work. It gives aim and purpose to my days. So that is something else to work on over the next couple of years. I am still hoping to not have to work at some point, but I should really come up with other useful stuff to do, then. (And "useful" meaning something that I find useful - others may have different ideas about what is useful; but to me it should be interesting/valuable etc).


This to me is key. At this point in your life, ERE is an option. But later on, you might not be able to work due to opportunity or God forbid, health. Then what?

I often have "Pretend" retirement days where I say, OK, I'm retired, what am I going to do. And I have found that I am very happy just reading and watching documentaries. If I'm solvent enough, I can go back to school. Its that simple. Just one/two things. I remind myself off all the people I don't have to talk to. Its bliss.

I work in an industry where no one gets fired. One guy was technically dead two months ago and now he's in the office looking like he's auditioning for Death in an Ingmar Bergman film. Everyday I remind myself, work to live and don't find my identity in this. One day, I'm just going to say "F-It" and no one is going to care except me and the Mrs.

Noedig
Posts: 124
Joined: Tue Aug 26, 2014 10:15 pm

Re: DutchGirl's journal

Postby Noedig » Fri Feb 10, 2017 10:48 pm

Wotcher Dutch.
Good progress with the savings.
You sound like you recharge when alone: classic introvert, if so.
Keep on, keeping on.

DutchGirl
Posts: 1003
Joined: Tue Sep 06, 2011 1:49 pm
Location: The Netherlands

Re: DutchGirl's journal

Postby DutchGirl » Mon Feb 27, 2017 1:45 pm

So, February... (I'm not spending any money tomorrow, no travel needed and I have groceries at home).

Income posttax 2567 euros, expenses 2249 euros. That's a pretty lousy savings rate of just a bit over 10%. However, 600 euros were an annual contribution to a charity (I will get 40% of that back at tax time) and I also paid 240 euros for a full course to become a personal financial planner in the Netherlands.

Becoming a personal financial planner could become my second career, perhaps, or studying the material would just make me more familiar with all aspects of personal finance for myself and those close to me. I'm not sure yet. I like helping other people, and I like personal finance. I would want to be an independent planner (not associated with a particular bank or institution). But I'm not sure whether I'd like to deal with for example people who don't listen to my advice, or people who are going through some nasty divorce or something like that and want to have advice on how to handle that financially. I don't know whether the job would be fun enough to do (especially when close to FI or FI). I am by the way thinking about contacting a financial planner or two and asking them whether they can tell me more about it, or have me sit in with a few sessions.

I'm almost ready to bring all the paperwork regarding our taxes to my boyfriend's CPA (he has a CPA because he has a company; and the CPA does the tax paperwork for the both of us for just a bit of extra money; worth it to my boyfriend to avoid the hassle). I'm waiting for the paperwork from my job, they are late but sent out a message to all employees that we'll get it in the first week of March. I think I'll owe roughly 200-300 euros, so I'm in no particular rush to file...

A few days ago I first sanded and then refinished two tables at home. I'm really happy about one table that looked really shabby before, and now again looks shiny new and tip top. With the other one, there were some stains in the wood, and they are still shining through in the finished product. But still, it looks much better than it did before.

I have several DIY-projects for March:

1. paint the area around the fireplace in the sitting room. Lots of soot accumulated (it's not a very good fireplace), so it needs a fresh coat of paint.
2. sand and refinish a few parquet boards upstairs, where in the past I dropped some turpentine on them (I'm sometimes clumsy) so that they are partially bare now.
3. we have a room full of boxes with stuff and more stuff. I want to organize it. Most of the stuff is my boyfriend's and he doesn't want to get rid of it. But at the very least, it can become more organized. And the stuff in there that is mine can be sorted, and some of it sold/donated/thrown away.

Other projects:
1. Sort out our pots and pans, throw away the ones that are flaking, and perhaps buy one or two new ones that are truly missing from the collection.
2. I am going on a skiing trip with my family for a week, looking forward to that, except to the eight-hour road trip to and back from the skiing area in Austria. Oh well.
3. There's a pile of roughly ten dvds that I still have to watch, and then sell or donate afterward.
4. Reading some of the personal finance course material, of course.

So... quite enough projects for just one month. Let's see how it goes.

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m741
Posts: 1056
Joined: Tue Jan 18, 2011 3:31 am
Location: NYC
Contact:

Re: DutchGirl's journal

Postby m741 » Mon Feb 27, 2017 8:48 pm

Hi DutchGirl, glad to see you're making progress! Being a financial consultant could be a lot of fun :).

I'm curious, would you mind providing some insight into the political situation in the Netherlands? Do you think fears about Geert Wilders are overblown, or no?

halfmoon
Posts: 355
Joined: Mon Nov 07, 2016 10:19 pm

Re: DutchGirl's journal

Postby halfmoon » Mon Feb 27, 2017 9:30 pm

DutchGirl wrote:But I'm not sure whether I'd like to deal with for example people who don't listen to my advice, or people who are going through some nasty divorce or something like that and want to have advice on how to handle that financially.


DutchGirl, one of the challenges for me as an accountant (often called on to offer financial advice) was dealing with people who did dumb things regardless of my guidance. This is a real struggle, and you need to decide whether you can act as a guide and yet let go of rancor (or guilt) when your clients insist on walking in the other direction and fall off a cliff. Trust me: they will still be calling you from the chasm. :(

You will also have clients who are looking for advice on how to screw their former spouse in a divorce, claim bankruptcy and discharge legitimate debt, escape child support, justify ridiculous expenditures, avoid taxes in creative ways...

You really need to decide if you can divorce your feelings and personal code from your (potential) job. If so, this could be a good path for you. If not, you might be consuming a lot of alcohol. ;)

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Eureka
Posts: 176
Joined: Fri Jun 10, 2016 11:03 am
Location: Copenhagen, Denmark

Re: DutchGirl's journal

Postby Eureka » Tue Feb 28, 2017 3:30 am

240 euros for a full course to become a personal financial planner?
This sounds crazy cheap to me. Or is it on top of something else? I guess for this amount there is no room for learning about the psychological aspects of dealing with clients which I would suppose is the most central aspect of being a personal planner of anything.

Good luck with your studies!

DutchGirl
Posts: 1003
Joined: Tue Sep 06, 2011 1:49 pm
Location: The Netherlands

Re: DutchGirl's journal

Postby DutchGirl » Tue Feb 28, 2017 3:12 pm

Hi Eureka,

You're right. There's another 240 euro fee for a practical class on how to talk to clients. This is just the theory. Oh, and then I can pay 200 euros more for practice tests. And I would have to pay even more euros for the real exam. I just figured I would start with the theory and then do the rest later, if I wanted to.

@halfmoon, thanks for all the information :-) . I'll really have to think about it, I guess!

DutchGirl
Posts: 1003
Joined: Tue Sep 06, 2011 1:49 pm
Location: The Netherlands

Re: DutchGirl's journal

Postby DutchGirl » Sun Mar 05, 2017 3:10 am

The room full of boxes is now an organized room full of boxes. Wew. I've found a staple or two of old books, so now I need to sort those, and probably sell some, too. Oh, and I put all tools (screwdrivers, saws etc) into one corner of the room. They still need to be sorted & organized. (This is apparently my 999th post, what to do for the 1000th one?)

NickHalden
Posts: 45
Joined: Wed Nov 04, 2015 3:48 am

Re: DutchGirl's journal

Postby NickHalden » Sun Mar 05, 2017 4:08 am

DutchGirl wrote:(This is apparently my 999th post, what to do for the 1000th one?)

Apologize for saying 'staple of books' (stapel boeken? maar een staple is een nietje uit een nietapparaat) ;)

Anyways, good job on working on your DYI list. It gives a sense of peace when you can tick off something of the list. A room full of boxes are however maybe an indicator that you have to much stuff? Not saying I do not have any boxes but when I moved here I did get rid of most of the unneccesary ones.

1Vikinggirl
Posts: 36
Joined: Fri Dec 03, 2010 11:38 pm
Location: Europe

Re: DutchGirl's journal

Postby 1Vikinggirl » Sun Mar 12, 2017 2:36 pm

I'd love to take some Dutch financial advice from you in a couple of months.


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