P2P Investing – Personal Finance – Frugality
Some store-bought vegetables are fun and easy to regrow on your own, you just need some basic knowledge and you can potentially have a lot of fun, satisfaction, and save some money because you won’t have to buy them again. This is true in particular for perennial “cut and come again” varieties, which means you can plant them, cut the […]
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One of the things I’ve been doing by myself for the past 15 years has been to cut my own hair. I realize this blog post will be more useful for guys since I only know how to use a hair trimmer/clipper, but frugal enterprising girls will surely figure out a way to use the normal barber scissors too. I […]
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This is one of those nice frugality tips that you can start using right now and let it immediately start having an impact on your life. Most of us live inside a house (I hope), and most of us have to either cool it down in summer (using air conditioning) or to keep it warm in winter (generally using a […]
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Crowdestor is a P2P lending platform that lets you lend money primarily to businesses in the European Union (much like Wisefund or Envestio). Of the business-to-business platforms, this one tends to offer the most projects, and some of them are really cool (for example, concerts from well-known artists like Limp Bizkit), and this gives an additional stamp of approval as […]
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This is one of those tips I keep coming back to, year after year, because it lets us compound more than a benefit (I’m almost tempted to call it a “Lollapalooza Effect” like Charlie Munger calls them). Even if you’re an extremely frugal person, if you live anywhere near society and spend Christmas holidays with your family, you’ll no doubt […]
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Wisefund is a rather new P2P lending platform that lets investors lend money to businesses.Most of the businesses are located within europe (in countries like Germany or Poland) and the loans are usually in the range of 4 to 12 months.Interest rates for the projects are usually above 16%, mostly hovering around 20%, and are all covered by buyback guarantees […]
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Of all the P2P Lending websites out there, the one that got me started was Mintos (by clicking this link you will get an additional 0.5% on your investment and so will I). Mintos is by far the largest P2P lending website in Europe, with constantly growing numbers of loan originators (being added every month) and a great variety of […]
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I spend most of my time reading, and I get the most happiness from finding actionable tips that improve my daily life or make it more efficient. It is particularly awesome when these life hacks can be used daily, because they magnify the benefits and give you warm fuzzy feelings every time you use them! One of the most curious […]
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As a long-time frugality enthusiast I derive particular pleasure whenever I do something that other people take for granted in a better and more frugal way. This gives me small and dependable dopamine rushes that keep my day happy and interesting. One of the satisfactory things I do every day is to shave -in a frugal way- with better results […]
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Coming from a stock market-based education, I believe an investor would benefit from applying the same principles of portfolio allocation to peer 2 peer investing. In the stock market, portfolio management is important because it allows an investor to manage and mitigate several types of risk, in no particular order: – Liquidity risk (should you need money in a short […]
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