Worst Savings Rate – November Monthly Report

November was a great month with a recond high passive income, travel expenses, and a record low savings rate. Read it all in this November monthly report!

November was our month in Guatemala, Belize, and we’re currently in Mexico. 

Chichen Itza, Mexico
Maya Temples at Chichen Itza, Mexico

The time that I have to go back to the Netherlands and work again is coming closer, this made me decide to fully enjoy my holidays. This means less produced blog posts from my side and more pictures in my monthly updates!

Tulum, Mexico
Paradise in Tulum, Mexico

I love how this mini-retirement gives me a taste of the freedom during financial independence or early retirement. 

During my mini-retirement I’ve been thinking about my road to financial independence. I am still aiming to have a big nest egg, BUT I am building passive income on the side. If my passive income exceeds €1000 per month, I could quit my job and live off of that. After that, I would aim for €2000 to live completely comfortable.

Highlights of my November  month:

  • A monthly savings rate of -219.04% (def a record low)
  • Traveled through Guatemala, Belize, and currently in Mexico
  • Expenses of €996.13
  • Passive income of €95
The Worst Savings Rate Ever - November Monthly Report

November Expenses

In November we’ve been traveling extensively, trying to keep expenses low while making the most of the time we have here. We do everything we want, but we do it our way. We try to do everything by public transport, without tour guides, and cook half of our own meals. 

All these tactics have resulted in me spending €996.13 on traveling in November. This is higher than last month, since Disney and Universal tickets are included there and that ish is expensive!

This gives me a -219.04% savings rate for November, LOL. This is definitely a record, but that is the issue when you have nearly zero money coming into your bank account. 

My year to date savings rate is still 71.33%. This means I’m probably going to make my goal of a 60% savings rate for 2019!!

Campeche, Mexico
Sunset in Campeche, Mexico

November Passive Income

I’m very happy that I’m earning passive income every month. Even when I’m on the other side of the world enjoying time not working, I have my Peer-to-Peer loans that are giving me monthly income. 

If you’re looking for an overview of all peer-to-peer platforms INCLUDING sign-up bonuses, look no further!

Here is a breakdown of income per source:

SourceIncomeAnnual Return
Funding Circle€67.36%
Total€95P2P: 12.58%

I’m at €95 passive income for November. This is 63% of my goal for 2019 (€150 monthly passive income).

My November passive income means that I am 9.5% into my goal to reach €1000 passive income. 

[wppb progress=10 option=”animated-candystripe blue” text=€95/€1000]

Here is a breakdown of all my passive income sources related to Peer-to-Peer lending or crowdlending:


Portfolio Value: €2,900.82

Average Interest Rate: 12.04%

Passive Income: €29.11

Grupeer is the backbone of my portfolio, together with Mintos. Every month I invest more money in this platform to make my passive income grow more and more. 

I see a lot of potential in the Grupeer platform, it is a valid platform that is very well build up. I trust the platform and I believe it will be as big as Mintos very soon. 

My Grupeer strategy is simple: invest in loans with 13% interest or higher. Considering everything they offer has a buyback guarantee, this is an awesome deal. 

At this moment I have €2901 invested with Grupeer, which gives me €29.11 passive income – an average rate of 12.04%. 

Grupeer currently has a promotion in December. When you invest in specific loan originators (Finsputnik Platforma, PlanetaCash, EpicCash or LionLender) you get 1% cashback on your investment.

If you’re not using Grupeer yet, I highly recommend you check it out. You can read my Grupeer review here or you can sign up directly.

Try Grupeer Now


Portfolio Value: €1,891.51

Average Interest Rate: 11.39%

Passive Income: €17.35

Mintos a great stable Peer-to-Peer platform if you’re in it for the long term and are looking to build up passive income. 

As you can see from the graph, the average interest rate of new loans was decreasing over October. This is why I haven’t added new investments to the Mintos platform. It picked back up again in November, meaning I’m adding more funds to Mintos now – this will be reflected in next months’ report. 

I use auto invest to make sure that I get the maximum return on investment with minimal risk. Check my exact auto invest settings to maximize your passive income with Mintos. 

If auto invest is too much hassle for you, there is also Mintos Invest & Access. You just click one button, type in how much money you want to invest, and Mintos invests it for you. 

I currently have €1891 invested with Mintos. That gave me €17.35 passive income in November, which is 11.39% average annual interest rate. 

If you’re not using Mintos yet, I highly recommend you check it out. You can read detailed Mintos review here or you can sign up directly.

When you sign up with Mintos using my link, you get a 1% extra return on any investments made within the first 90 days!

Try Mintos Now


Portfolio Value: €1,182.62

Average Interest Rate: 15.58%

Passive Income: €15.35

Envestio is another very steady peer-to-peer platform. This results in about the same amount of passive income every month. With their 90% buyback guarantee, your loan is guaranteed for the majority of it. 

I have €1182 invested in Envestio, with a €15.35 return that means a 15.58% interest rate. 

🔥If you are experiencing any problems with Envestio, go here to see what’s going on with Envestio and the current situation.


Portfolio Value: €2,149.51

Average Interest Rate: 15.14%

Passive Income: €27.12

Crowdestor is a relatively new player in my peer-to-peer portfolio. I’ve heard so many great things about them that I needed to try them out for myself. 

I have to tell you, I absolutely LOVE the platform. It’s easy to navigate their website, with great projects, AND great interest rates. What more do we want?

That is why I have doubled my investments in the platform because I have trust in the platform and their transparency. They have a buyback fund and investors can see exactly how much is in there, which is a great way to deal with platform risk. 

I currently invested €2149, which has yielded me €27.12. That’s 15.14% interest. Not bad! 

Check out my Crowdestor review for more detailed info. It is a great platform with a transparent buyback fund, where you get great interest rates!

Open An Account At Crowdestor

Funding Circle

Portfolio Value: €997.78

Average Interest Rate: 7.36%

Passive Income: €6.12

Funding Circle is the first crowdlending platform where I invested my money in, back in 2018.

Honestly, I wouldn’t recommend investing with them. They have no buyback guarantee, no secondary market, and below-average interest rates for the risk you are taking. 

All the other platforms I mentioned have a great risk-reward ratio, so I would recommend checking them out instead.

If you’re interested in real estate crowdfunding, I have a list of platforms that I recommend here


Portfolio Value: €98

Average Interest Rate: 6.73%

Passive Income: €0.55

In October I started investing with Reinvest24, a real estate investment platform that I am trying out. I love that I can start investing from a relatively low amount and see how the platform is performing before I invest more. 

The thing I love about Reinvest24 is that you get yield on your investment, as well as capital growth gains when the property is sold at the end of the term. 

On this specific investment, I get a 6.81% yield as if I really own the property and I am renting it out to a tenant. At the moment of selling, I get another projected 5% yearly capital growth gains. This will bring my total expected return on almost 12% annually, not too bad!

If you want to give Reinvest24 a try, sign up here and let me know what you think. I will be writing a review soon!

Open An Account At Reinvest24

November Goals

I have to admit that I spend little time at these goals currently. I put no pressure on myself to reach them, I just want to have a sense of direction. They may be here for a couple of months, but I have the full intention of reaching them when the time is there. 

Here they are:

  • Get €100 income from passive sources – FAIL! I’ve added quite some money to my peer-to-peer investments, but not enough. Let’s see how high we can get before the year ends!
  • Read through April-May posts for spelling and grammar – PASS! Yess I did it! I found this wonderful Chrome plugin called ‘Natural Reader Text To Speech’. They read the text out loud for you, which is a great way to quickly go through your text without it costing you too much energy. 
  • Design a new front page of Radical FIRE – FAIL! I would love to have a new front page, so let’s keep that goal for next month
  • Get 1700 followers on Pinterest – FAIL and this was to be expected as I spent zero time on Pinterest this month. 
  • Write one book review post – FAIL! No book review posts have been written, let’s keep it on the list for next month

December Goals

  • Get €150 income from passive sources – I think €150 passive income in December will be a huge stretch goal for me. Let’s see if it works out! 
  • Read through June-July posts for spelling and grammar
  • Design new front page of Radical FIRE
  • Get 1700 followers on Pinterest – if you haven’t followed me yet you can do so here
  • Write one book review post

How was your November? Let me know below!

The Worst Savings Rate Ever - November Monthly Report

4 thoughts on “Worst Savings Rate – November Monthly Report”

  1. I fell in love with that picture from Paradise in Tulum, Mexico. There are so many places around the world I’d like to visit… Having semi-retirement breaks like you is a great idea, so you can experience travelling during the different stages of your life (it isn’t the same to travel at your 20s than 50s). I and GF would like to do something like you guys are doing now but travelling in Thailand, New Zealand and Australia (which is a bit more expensive), but we can’t do it as live and rent abroad, so if we go now we could have to start from scratch in the UK or move to Spain.

    Anyway, love reading about your ramblings and your P2P investments too. Enjoy the rest of your experience and don’t let the negative saving rate ruin the enjoyment 🙂

  2. YES I can really recommend Tulum, it’s beautiful and they have such good food! Thailand, New Zealand. and Australia sounds like a great plan – those countries seem really beautiful and are also on my to-visit list! Perhaps in a few years when your financial snowball starts rolling a little faster, you can rent out your house and go for it!

  3. Thanks for mentioning Natural Reader Text To Speech! I did not know about it and I will definitely use it.
    Congratulations on your great results and very interesting blog.
    Good luck.

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