Search found 436 matches

by Frugalchicos
Wed Dec 30, 2020 3:53 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@rube

It is actually more of a flat fee for anyone in the bracket of 67k to 80K (i believe it was 80K, can’t find the chart right now). Then whatever you are making above 67 is taxed at 42%. Idk if the explanation is clear?
by Frugalchicos
Wed Dec 30, 2020 3:05 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@anesde Absolutely, I hope I can shed some light to anyone in a similar situation to ours or yours. First of all, Spain might have a different and more complex taxation system than any other country in the EU. However, it is probably quite similar in the gran scheme since we are talking about US wor...
by Frugalchicos
Tue Dec 29, 2020 3:56 pm
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

Good news people. We will only have to pay about 28% in taxes. We celebrated it with 2 pizzas and a Franziskaner Weissbier. Now I feel kind of drunk and thirsty AF...but very happy and relieved.
by Frugalchicos
Sun Dec 27, 2020 2:09 pm
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@zbigi

Yes, i saw that today. Now, I’m trying to find out hiw much we should pay annually. I have an appointment with a tax lawyer on Tuesday. Trying to burn all the ships before moving back to the US
by Frugalchicos
Sun Dec 27, 2020 8:33 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@rube Thanks for your comment. If Spain doesn’t work out, the other option is Kansas City, MO since chica is from there and she has some family around. Not my preferred spot in the world, but it is affordable and a good place to keep building wealth. @2B1S You are obligated to report worldwide incom...
by Frugalchicos
Sun Dec 27, 2020 3:50 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

So, we are in quite a pickle. I have been investigating about how to pay taxes for Chica's job in Spain and it seems not only complex, but absurd. The Spanish government doesn't recognise the status of freelance. They only have two status, self employed (autonomo, you need to establish a company) or...
by Frugalchicos
Tue Dec 08, 2020 2:35 pm
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@ertyu Ideally, 2.5% or about 800K + a house paid off. Our current expenses are about 1,200€/month and below our current 3.5% SWR (based on 590K NW). Hopefully, we will be able to close on the purchase of a condo that along with the reno will cost us ~130K and still leave us with ~450K in investment...
by Frugalchicos
Tue Dec 08, 2020 10:40 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

First week of work has been good. Getting training and then coming back home and work remotely. Pretty happy with it so far (even though, I rather not work). Life is good so far, working, playing a lot of The Last of Us in PS4 (very recommended), downloading music and spending a lot of time with fam...
by Frugalchicos
Mon Nov 30, 2020 3:23 pm
Forum: ERE Journals
Topic: Five Years, Lord Willing
Replies: 635
Views: 132748

Re: Five Years, Lord Willing

Dang, I was actually wondering where he was...you will be missed Jason!
by Frugalchicos
Sun Nov 29, 2020 3:05 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@2B1S

Thank you very much! That's our combine incomes (Chica's US salary + mine Spanish). We might be making more than the king of Spain :lol: - or at least working more than his stupid corrupted ass
by Frugalchicos
Sat Nov 28, 2020 10:58 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@ItsALongStory Thank you very much for your kind comment. It is very rewarding to see we are getting close to our goal - freedom! :D Time for our monthly update: NOVEMBER INCOME –$10,506.94 NOVEMBER EXPENSES – $959.75 USD - The expenses below are in Euros, we do the conversion of the total into USD....
by Frugalchicos
Wed Nov 18, 2020 10:36 am
Forum: ERE Journals
Topic: Lemur Journal!
Replies: 550
Views: 127126

Re: Lemur Journal!

Lemur wrote:
Mon Nov 16, 2020 10:41 am
salt + garlic powder + paparika + cumin + oregano + tbsp of lime juice at end of cooking.
Can also add chili powder if feeling for spicy.
Pretty good combo. Should try the same combination with lentils and make some tacos with it. Add some salsa and it will blow your mind man
by Frugalchicos
Sun Nov 08, 2020 11:28 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

Yes, it definitely helped to get settled. However, my parents got divorced during this time which was a little traumatic for everyone. Madrid is totally different to The Basque Country. IMO Madrid is ok for visiting but I would never live there. It lacks green and open spaces, has no ocean or mounta...
by Frugalchicos
Sat Nov 07, 2020 7:40 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@Flurry Thanks! - We didn't have housing expenses since we moved to Spain. We lived in one of my parent's condos and now we are living with my mom until we get our condo renovated (still waiting to close down the purchase. The whole process of buying and reno can take like 9 more months). We will pa...
by Frugalchicos
Thu Nov 05, 2020 9:32 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

I just got a pair of Saucony Jazz 21 for 58E (had to return the Nike, too tight unfortunately). I can't wait to use them tomorrow morning! Yeah, I used to like it more on the treadmill since it is easier to set the pace. However, the more you run on the street, the more you like it. I didn't join a ...
by Frugalchicos
Tue Nov 03, 2020 2:57 pm
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

Monthly update: OCTOBER INCOME –$10,688 SEPTEMBER EXPENSES – $1,669 USD - The expenses below are in Euros, we do the conversion of the total into USD. Car annual insurance: $526.84 - They gave us 2 months for free due to the Covid. Gas (Car): $46.57 - Still have a full tank since I only used it twic...
by Frugalchicos
Mon Oct 19, 2020 9:25 am
Forum: ERE Journals
Topic: Semi-ERE Year 3 - Wanderlust Prevails
Replies: 934
Views: 202042

Re: ERE Year 2 - Choose Your Own Adventure - Geoarbitrage and Nomadic Lifestyle Edition

Good luck with everything. I feel you with how draining a dysfunctional family can be. Try to keep your positive energy and I hope you guys can figure out a good plan to enjoy the cold days!
by Frugalchicos
Sat Oct 10, 2020 1:41 am
Forum: ERE Journals
Topic: Semi-ERE Year 3 - Wanderlust Prevails
Replies: 934
Views: 202042

Re: ERE Year 2 - Choose Your Own Adventure - Geoarbitrage and Nomadic Lifestyle Edition

Good luck with everything and hope to have you back in Europe soon!
by Frugalchicos
Thu Oct 08, 2020 7:48 am
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@ CL
I know, that's why I couldn't wait to leave freezing Chicago and be able to enjoy this landscape all year round!

@Nicolino
I hope so too! Very excited to start the reno and plant roots
by Frugalchicos
Tue Oct 06, 2020 1:57 pm
Forum: ERE Journals
Topic: Frugal chicos journal - ERE in Spain
Replies: 508
Views: 104629

Re: Frugal chicos journal - ERE in Spain

@theanimal

Thanks! Always a pleasure hearing from you. It is also very exciting how your home project is progressing. Best of luck!