Dec 20

For most people it’s a dream to live one day in their own house, which they paid off with their own hard-earned money. Mortgage Rates lock you in the Rat Race for a long time

Depending on where you live and how high your demands and your income are, this can actually result in you paying off a bank loan over the next 10-20 or even 30 years. After which you practically *own* the house (before it was actually owned by the bank). And after which you probably start spending again (during probably as well), as even the best build quality deteriorates over time and needs upgrades, re-invest or maintainance.

written by Chris

Dec 15

I was asked by Lizza from expatinterviews.com, if I could fill out their questionaire about people living abroad from their home country. While surfing their website, it’s really interesting to compare the different interviews of other people, who are in similar situations but have different experiences and encounters in countries around our globe.

On further thought, I felt it could be interesting for my own site as well, so here are the questions and answers I provided: ;-)

Chris - Happy in Bali! :)Where were you born?

I was born in Germany, in a small town which has no more than 20.000 souls and is located not far from Berlin in the eastern part of Germany.

written by Chris

Dec 10

Save those bucks!Found this interesting site, which has listed 88 tips, tricks, ideas and tutorials, on how to save your hard earned bucks.

A few of them are really astonishing and not that obvious.

So over time you should be able to put some money aside and go on that Round-The-World-trip, no?

;-)


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written by Chris

Dec 05

First Thailand, almost the Philippines and now Fiji. It seems that in Asia, coups are becoming more common in recent times again. So far it looks, like it could be a bloodless coup in Fuji as well. But one really has to worry, on what’s going on in the heads of those militarists. It can’t be good for a country’s reputation, economy and tourism to stage a coup at all against democratically elected governments. Whenever someone hates the government, you cannot just take it over. Read on for today’s latest developments:

written by Chris

Nov 26

Advantages of Offshore Banking

Offshore Banking1 Offshore banks provide access to politically and economically stable jurisdictions. This may be an advantage for those resident in areas where there is a risk of political turmoil who fear their assets may be frozen, seized or disappear. However, developed countries with regulated banking systems offer the same advantages in terms of stability.

2 Some offshore banks may operate with a lower cost base and can provide higher interest rates than the legal rate in the home country due to lower overheads and a lack of governement intervention. Advocates of offshore banking often characterise government regulation as a form of tax on domestic banks, reducing interest rates on deposits.

written by Chris

Nov 25

Travis Ryan Floyd @ MySpace published 50 Life Lessons. The list was originally created by Regina Brett for ‘The Plain Dealer’ in Cleveland, Ohio. It’s simply a great read and motivating like hell, even if you don’t believe in god, family or money. ;-)

1. Life isn’t fair, but it’s still good.

2. When in doubt, just take the next small step.

3. Life is too short to waste time hating anyone.

4. Don’t take yourself so seriously. No one else does.

5. Pay off your credit cards every month.

written by Chris

Nov 25

John Locke over there at ‘Strike the Root – a journal for liberty’ was so friendly and allowed me to re-publish his great article about ‘Ten lies we believe’; that means LIES, which society puts on us. LIES, we hear, inhale and suck down with our ‘mother’s milk’ in the societies we live in. LIES that tie us in and make us less and less flexible, mobile and free in our thinking.

written by Chris

Nov 21

Found some food for thought recently. I didn’t know that there is even a word for self-sustainability, independence and ‘live and let live’ philosophy:

Libertarianism is a political philosophy advocating that individuals should be free to do whatever they wish with their person or property, as long as they do not infringe on the same liberty of others.

There are two types of libertarians. One type holds as a fundamental maxim that all human interaction should be voluntary and consensual. They maintain that the initiation of force against another person or his property, with “force” meaning the use of physical force, the threat of it, or the commission of fraud against someone who has not initiated physical force, threat, or fraud, is a violation of that principle (many of these are individualist anarchists or anarcho-capitalists).

written by Chris