Today's episode will just be a solo episode as I am currently working at sea but this does not mean I won't do any interviews anymore. I might get an internet sim card for it we will see. Anyway, the topic today will be interesting as it does not apply only to seafarers but to every one who is working already to earn money. This episode is also kind of personal as I am sharing my own financial mistake I made years ago.

Timestamps:

• Financial mistake #1- Inflated lifestyle [1:18]

• Why seafarers tend to overspend [2:37]

• One approach into living below your means for seafarers [3:52]

• Financial mistake #2- No emergency fund [5:06]

• Don't treat savings as an emergency fund. Separate it please. [6:05]

• Why people fail keeping their emergency funds intact [7:12] ...