My name is Gonzalo, I am a 34-year-old Spaniard who lives in United Kingdom. I am passionate about reaching a point where I no longer need to have a daily job to live my life, which is what I call Financial Freedom.
Ever since I can remember I have been interested in accumulating and not so much in spending. Actually, my family always tells the following story. I was a kid and the summer holiday was coming to an end.
My grandma would always buy us a big bag of jelly beans for the six-hour drive back home. My brother and sister always finished their bag during the trip. I used to eat some of them and leave more than half of the bag for «the future».
As you might be guessing, the jelly beans would expire in a couple of days forcing me to throw them away. Not the smartest strategy to take on jelly beans but it can help you to get an idea about the way my brain worked when I was just a kid.
My not so much beginnings
I have been saving since I started working 10 years ago, but I didn’t know what for (buying a house was my best guess, how original!). Since then I have tried to obtain some returns. I began with deposits, but when the interest rates went to 0%, that was no longer an attractive option.
In 2013 I moved to UK and I discovered the cash ISAs. They were tax free and I was delighted with my 1.3% annual return so it was clearly the best way to accumulate wealth (err…was it?).
I had left some money in Spain and in 2015 I found three interesting investment funds in my Spanish bank, so I decided to give them a try.
After 2 years I realised that while one of them was steadily growing the other two were hanging around their initial value. The former mirrored the S&P500 Index and had averaged a 11% annual return over more than 3 years.
That got my attention and lead me to believe that, if I saved enough, with a 10% yearly return I could live without needing the income from my job.
Where I am now
2019 has been an incredible year financially speaking. I have come to the realisation that financial freedom is achievable, so I have been working very hard on a plan to reach it.
I have read many books about accumulating wealth, changing your mindset, understanding the stock market, and how to approach investing in general.
Now I can say without a doubt that I will reach financial freedom, sooner or later. Let’s hope this is not one of those times I am wrong…
Why I am here
I would like to help people realise that increasing your wealth, obtaining higher returns on your investments and reaching financial freedom is possible. You only need to follow some simple steps.
I am going to document my journey to financial freedom, and share with you all the knowledge that I accumulate along the way. Let’s begin!
If you would like to ask me any question, please do so by using the below form.
The information on this blog is not investment advice.
I’m not associated with any of the investment platforms mentioned in my blog. Everything described here reflects my experience and my opinion.
The blog contains affiliate links. If you click on any links and decide to invest in any of the products or services, sometimes you will receive a bonus, and I might earn a commission. I think it’s a win/win situation.