Tuesday 2 May I noticed a tweet of Tom Simonts (KBC) about “the BIG debate : Things to do with your money” organized by the financial students organization Capitant. I changed my evening plans and decided to go to Antwerp. The theme of the debate was to manage wisely and knowledgable your money as (graduating) […]
In the week of 24 April, a CD&V parlement member Nahima Lanjri wants to put forward a law to oblige kids to pay the invoices and costs of the pension homes where their parents live during their pension. How does the Belgian Retirement System work ? When you retire you receive a pension from Belgian […]
Saturday morning 22 April. We just finished breakfast. Our first horse riding class of the season got cancelled as our teacher texted that she was sick. Nothing we could do about it but it changed my day program that I planned. I get a phone call on my mobile…it shows UNKNOWN…mmmm I am always sceptical […]
Recently I got the question from a student: “I’m in my early 20s and want to get a head start on financial success, but I don’t want to make mistakes that could prevent me from achieving my goal. What do you suggest?” Below are five financial mistakes with the capacity to seriously undermine your economic […]
In the week of the 27 – 31st of March, the week of the Money started to educate kids (and adults) personal finance. The goal was also to place personal finance more in the picture. You can read more information on the following URL : http://www.deweekvanhetgeld.be On Monday 27th, a press release of Wikifin.be was released […]
On Saturday we buy always the financial newspaper De Tijd in a local newspaper shop. Here we reflect on two articles that we read in the newspaper of the 11th of February. I think nobody does see the connection between the two articles and that’s why we reflect here on those two articles. Article 1: […]
Yesterday an interesting article appeared in the Belgian press. Saving Belgian also guilty on keeping interest rates low… According to a study of Eric Dor, a professor of economics, is the ECB low interest rate policy not the only reason for low interest rates on savings accounts. His reasoning is that the Belgians just keep […]
Reflection on Belgian TAX stupidity In 2015, the Belgian government under Prime Minister Michel invented a speculation tax of 33% on capital gains of shares and options if they were sold within 6 months. The losses could not be deducted (as in other countries) so this tax led to a behavioral change amongst the little […]
Many people are afraid, are not interested, nor want to spend the time to manage their money. They rather prefer spend time on hobbies, spending money and are happy that they have enough money to cover their monthly expenses. They consider managing their money difficult and rather leave it up to the bank to store […]
As a dividend investor in Belgium, reaching financial independence is a real challenge. The main problem is that the politicians leading this country and inventing new taxes, have little or no financial knowledge. At the start of 2016, the “little investor” tax became effective taxing all stock gains at 33% for the little investor. Losses […]