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Topics in Personal Finance, Wealth Management, Investment Strategies, Money Making

By Quintus C. Hegie, MSc

Note: The topics presented here represent an informative opinion. It is not to be interpreted as personal advice tailored to your specific situation.

Lesson 1: Learn to Save

To become wealthy, you need to follow the laws which will make you wealthy. When you adhere to the laws of wealth accumulation, you will become wealthy guaranteed. This first lesson on learning to save is about building the foundation for your wealth accumulation.

Income division rule

Learn to save.

Of every €1,- you earn or receive:

To be clear, that means that you pay your daily life, hobbies and expenses from the remaining 50%. So you cannot 'withdraw' or 'use' money from any of the 5 saving categories to 'finance' your regular expenses. Forbid yourself to touch the money in the savings accounts for other purposes than the savings account was set up for.

If you absolutely cannot save 10% now, try 9%, or 8%… or even as little as 1% ‐ as long as you start saving! And build your way up to 10% from there.

Why you must learn to save

To build wealth, you need to teach money you receive that you care for posessing and using it wisely. Building wealth therefore starts with learning to live on less than you earn.

Until you're already saving using the income division rule from the scheme above, you won't really understand the power of the necessecity to save. Instead, you'll probably think "What a nice idea and I understand that it works, but…" and act accordingly (by NOT saving). As a result you will be stuck at your current financial level forever for the price of being a 'smart ass excuzer'. Take responsibility now for your financial future and start to save.

With learning to save comes the action to save. When you start acting to save, you begin to form the habit to save. When saving is your habit, you'll become wealthy. And only when you started to save, you can proceed to the next lesson.

How this works in real life

How to save in real life?

It is as simple as applying the income division rule for every (net) amount of money you receive in any form or way. I say net amount, because the tax man first steals part of the gross money you receive (sometimes up to 50% to 60% of your earnings!). This is called income tax.

So let's assume you get your (net) salary into your payment bank account or in cash by your employer.

There are two ways:

  1. Saving using your online bank account.

  2. Saving using real cash jars/boxes.

You can choose one or the other, or both at the same time.

Saving 10% to 50% as easy as cutting an apple into 6 pieces.

  1. Step 1: count the money you receive

  2. Step 2: put 10% of that money into box 1 / savings account 1

  3. Step 3: Repeat step 2 for the 4 other savings categories

The remaining balance on your account or cash in your hand you keep to pay bills etc. Therefore you keep it in your wallet or keep it on your bank payments account.

The tax man will probably steal some more money depending on the country you live in. The state calls that wealth tax.

You can save too

If you're out of cash or money before you 'receive' the next income payment, you'll have to do better. Learn to lower your expenses and increase your income, to not run out of the 50% remaining money. You can do it by carefully making choices when you need to spend money, as to cut costs. You can do it by carefully demanding more income (by doing the thing that will earn you more income).

Everyone can learn to save. You can do too. Attract riches, wealth and freedom. Take steps ‐ small, and than bigger ‐ by beginning to save!

Once you saved some money, you've become an attractor of more money. Part of the money you receive wants to be saved by you! Later on, in another lesson, I will learn you why money wants to be cared for and what ways money likes to be invested. To attract even more money to your purse!

And don't worry too much about the tax man that takes away most of your income right now. Once you have accumulated more money, you'll get better options of managing your money such that the tax man gets less. That is called legal fiscal money management.

Lesson 7: Learn to Invest

To become wealthy, you need to follow the laws which will make you wealthy. When you adhere to the laws of wealth accumulation, you will become wealthy guaranteed. This seventh lesson on learning to invest is about moving around your wealth in smart ways to increase the speed of accumulation with little effort.


We live on one planet, but we are separated over 'financial' regions. The regions each have their own boosts and bumps - periods of growth and recession. This allows for smart arbitrage, when you move your money around wisely.

The story of the lost Bitcoin wallet

One day, not long after the invention of the Bitcoin, I created a Bitcoin wallet on my computer. With my computer I was able to mine some Bitcoin. Mining is a process that is part of the Bitcoin design, that earns me Bitcoins for doing so.

However, there was a problem. After I had mined some Bitcoin, I forgot about the whole wallet. Some years later, the Bitcoin rate skyrocketed. The Bitcoins in my wallet suddenly were worth many thousands of euros! But I lost the wallet's password.

So one lesson is to never forget your passwords. Luckily, nowadays there are great (open source) password managers that you can use.

Where to buy and sell Bitcoin

As I had to restart all over again with investing in and trading Bitcoin, this time I would take a different approach. No more mining Bitcoin, but simply buying, trading and selling Bitcoins.