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First day on the... job?

October 21st, 2011 at 10:58 pm

Greeting reader,

This is my blog, and I'll post entries here couple o' times pr. week.

My goal is to make so much money, that I can spend the rest of my days somewhere nice, not having to worry about dead-end jobs, debt or anything that falls in the money category.

I know this takes a lot of time, I'm not JUST a dreamer, so I've spend some time, coming up with different subjects to study, in order to get my mind on the right track;

- Saving money
- Investing
- Starting a business
- Reducing debt (well, maybe.. I mean, if you make the money, the debt goes away)

My Current Status

At the moment, I'm a student, located in Copenhagen, Denmark. Not a lot of people have any knowledge regarding the country, but we'll save that matter for another time.

My income lies at 7780 DKK / 1400 $, pr. month, and when all obligational expenses are paid, I have around 340 $ to put into my savings, given that I don't spend any of them on fun/useless things.

The plan, for now

Seeing as I'm almost down to my last penny, for this months "paycheck" (students don't get 'paid') the first thing to do, is to wait for next months cashflow to arrive. I'll be able to take things a little further when that is.

That's all for now,

-Frank

Posted in Budgeting, Debt, Education, Investing, Personal Finance, Saving Money | 4 Comments »

4 Responses to “First day on the... job?”

  1. rob62521 Says:
    October 22nd, 2011 at 12:08 am 1319242127
    1319242127

    Welcome, Frank, to SA. Many people on this site have great ideas on how to save money and are good at encouraging those who want to save money. You've come to a good place.

  2. snafu Says:
    October 22nd, 2011 at 01:09 am 1319245761
    1319245761

    Happy to see a student aware of the need to manage money so that debt doesn't control what you can do. Look forward to learning more about Denmark, I'm in Canada and not a lot of people have knowledge of this country either. I hope you will give yourself a budget for 'fun' so that funds don't slip away uncatagorized.

  3. Jerry Says:
    November 4th, 2011 at 08:06 pm 1320437201
    1320437201

    Hey Frank, glad to see Denmark checking in... financial wisdom is a universal concept and it leads to good results no matter where you are. I have friends on Copenhagen and have heard that it is a very expensive place to live. What are you studying? Is it something that will offer insurance of a good salary when you are done with school, or are you looking at the other options to make your money? Good luck!
    Jerry

  4. Big Frank Says:
    November 9th, 2011 at 02:48 pm 1320850101
    1320850101

    Hi Jerry

    Thank you.

    I agree with you, I think finance (especially the personal kind) is a universal topic.
    I'm studying to become a Candidate in Biomedicine. At the moment, there's a lot of research going on within the medicinal indutry, and in 6-7 years I'll be done with it, so I hope that I'll be able to get a good salary when the time comes, but you never know for sure!

    - Frank

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