My financial situation is a topic I suddenly felt a need to write about – I have to admit that I am the best trained expert in creating disasters in my private finances. In a long period of time I was ignoring the fact that my economy was in a state of emergency

My, not so well planned, strategy to ignore my suffering private economy was not really a god one, the consequences where hard, a long term rice diet was one of them and another one was severe stomach… well, I think Ill leave that for now. The situation forced me to review my strategy. In my new plan I wanted to implement talking to experts on the topic.

Let us say I save 10 000 dollar for ten years. They might be worth 7000 by the time I decide to use them…That is the strategy of disaster. Think of it…is there any hope that money today will have the same value as it had, lets say 10 years back?

When I was a little girl, in the Norwegian village, long time ago, the value of 100 krone was huge. We could buy a lot from it. If someone told me today that the 100 krone was going to get the same value back, I would at once start to save them – eating rice again for a while – because it make sense to me.

Probably my bank adviser wont read this, but if he did, he would probably come up with some good explanation. While waiting for that I have studied more about this topic and met great people on my way, with a lot of wisdom about economy and life in general

Here is some advise I got from Kip Herriage, who retired from work before he became 40 simply because I know how money works.His advice make sense to me, what about you?