Jean Galea

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The Best European Personal Finance and Investment Blogs

Last updated: November 17, 202217 Comments

I love reading and learning about personal finance as well as sharing my failures and successes on this blog.

I’ve been reading personal finance and investment blogs for many years now. Most of the big blogs are from the USA, but since 2017 there has been a very welcome big surge in European blogs on this topic as well.

This coincided with the rise of P2P lending and crowdfunding platforms in Europe, an increase in overall fluency in the English language, as well as a lot of innovation in the Fintech sector on the continent.

Many of these new blogs are about FIRE, following the example of their American counterparts. I’m not interested as much in FIRE as I am in investment opportunities and the differences between the way the European and American financial systems work.

While the American blogs are great for general personal finance and investment concepts, they also have a lot of content that doesn’t really apply to European investors. One example is the overemphasis on saving and money management. I feel that Europeans have a much better grip on their personal finances than Americans since there isn’t such a strong consumerist and debt-driven culture in Europe.

There are also lots of tax and retirement savings strategies that exist in the US but don’t in Europe, for example, the frequently mentioned 401K.

We also need to keep in mind that most of Europe is on the Euro, which is one of the world’s major currencies but doesn’t have the reserve currency status that the USD has, and so we need to adjust our holdings accordingly.

On the other hand, most of the best opportunities in the past decade or two have been found in the American tech stocks, so as European investors we need to be very attuned to what is happening in the US.

In order to help me with my daily research, I built a site that aggregates news from all these blogs and other sources such as podcasts. You can find the best European finance blog news over at Euro Finance Blogs, a site I built with the excellent WP RSS Aggregator plugin for WordPress.

European Investment Forums

When embarking on an investment journey, it is important to discuss your ideas with other investors, and make sure that you’re up to date with all that’s happening with your investments.

I have always found that one of the best ways to do so, apart from meeting people in real life, is to be part of online forums. Peer-to-Peer lending generates a lot of questions and discussions, and so forums lend themselves especially well to this type of investment.

Here are my favorite peer to peer lending forums in Europe:

  • P2P Independent Forum
  • Foro fintech (Spanish)
  • P2P Kredite (German)

There are also several Telegram and Facebook groups.

If you’re looking for a bird’s eye view on everything that’s happening within the P2P lending space, do make sure to check out Euro Finance Blogs, which is an aggregator of all the top finance blogs in Europe as well as news from the major lending platforms. News is available in several languages.

Do you follow any other forums or personal finance blogs in Europe that are worth adding to the list?

Have a look at Euro Finance Blogs if you’re interested in learning how you can make your money go further, and as always, if you have any feedback, just leave a comment below. Enjoy!

Filed under: General

Chicken Breast Fillets in Cream and Parsley Sauce

Last updated: November 17, 20222 Comments

One of the best purchases I made last year was the Bosch Autocook multi cooker. It can be used to rapidly and conveniently prepare all sorts of dishes. As I go along trying different dishes I’ll be sharing my experiences here.

Today’s recipe is one of the easiest you can prepare and is ideal for those who are using the multicooker for the first time.

Ingredients (4 servings)

  • 4 small chicken fillets (180g each)
  • 300ml fresh cream
  • Half a handful of parsley
  • 2 cloves of garlic
  • Salt and pepper
  • Olive oil

Directions

Start with the sauce by peeling and chopping the garlic. Wash the parsley and slice it up. Mix the garlic and the parsley with the cream and add some salt and pepper to the cream. I tend to use my judgment with salt and pepper, erring on the lesser side. You can always add more salt and pepper when the meal is ready if needed.

Spread enough olive oil to cover the bottom of the AutoCook’s pot. Add salt and pepper to the chicken breasts and place them in the pot. Then select the Fry program and the Medium option and press the Start button.

Cook the chicken breasts for 6 minutes and then flip them over to cook the other side. Keep the AutoCook’s top cover open at all times. Check the time left on the AutoCook’s lid. When there are only 2 minutes left, add the cream sauce to the chicken breasts. Keep frying the chicken breasts together with the cream sauce until the AutoCook emits its end of program sound.

That’s it! You can now serve the chicken breasts with an accompanying plate such as rice or pasta. Alternatively, if you are trying to restrict intake of grains, you can use vegetables. I slice up a tomato and add some broccoli to end up with a colorful and healthy dish that tastes great for lunch or dinner.

Filed under: General

🛒 Best Online Shops that Ship to Malta

Last updated: January 12, 202335 Comments

With Malta being a small island, local shopping is pretty limited compared to what you find abroad. This has led to the Maltese quickly getting hooked on online shopping. While a few years back only a few websites offered to ship to Malta, nowadays there are many sites that offer European-wide shipping, in some cases even offering free shipping and returns.

Here are some of my favorite sites:

  • Amazon.co.uk
  • Zalando.com
  • Asos.com
  • Aliexpress
  • Banggood
  • Gearbest
  • House of Fraser
  • BeautyBay
  • Macy’s
  • The Hut
  • Zavvi
  • Farfetch (luxury goods)

How to Buy Cheap Electronics Online in Malta

cheap online shopping malta

Malta has the most expensive consumer electronics in the EU. However, you don’t need to be paying the high prices at local shops for your laptops, sound equipment, hardware, etc.

The solution is, of course, to shop online.

Shopping for Electronics in Malta at Amazon

I highly recommend using Amazon for all your online shopping needs. You can not only buy books and electronics from Amazon, but pretty much anything else. Many Maltese buy clothes from Amazon too, for example. There’s much more choice than the local shops, and you can easily send the stuff you don’t like back.

Amazon has the most amazing support and customer service I ever encountered. Say for example you order a book and it’s received slightly damaged because the postman didn’t take good care of it, or it just got damaged during the shipping process. All you need to do is file an issue with Amazon and they’ll either give you a refund or send you another copy. It happened to me more than once and Amazon staff have always been super helpful in finding a resolution.

On another occasion, I ordered a piece of hardware that never got delivered, even though it was sent via courier. Again, all I had to do was contact Amazon, and it was them who dealt with the courier. In the meantime, they just sent me the hardware once again and apologised profusely for the inconvenience.

I hope that convinces you that there is absolutely no problem with shopping online at Amazon. If anything, you’ll get better support and customer service than you would at your local shop.

Which Amazon site to use

Now Amazon doesn’t have a site specifically for the Maltese islands, so you will need to choose a site dedicated to one the bigger countries in Europe. There are several options, but most people will drift to the Amazon.co.uk website, simply because it is in English and has the biggest range of products.

Beware that the prices on Amazon.co.uk are in GBP, and since the exchange rate between GBP and EUR is always fluctuating, you might not be getting a great deal. On the other hand, you might be lucky and profit from a weak British pound. The easiest way to check whether you’re losing or gaining from the exchange rate is to search for the same product on Amazon.es or Amazon.de (Spanish and German Amazon sites). It will take the same time to arrive to Malta and postage rates are the same for most products. However, since the Spanish and German sites sell their items in Euro you will be able to compare and see whether it make sense to buy in GBP from the Amazon.co.uk site or to buy in Euro from Spain or Germany.

Hope that helps. I have used Amazon for over 10 years now and I get all my electronics from there, including expensive items like photographic equipment and laptops.

If you have any questions about shopping online at Amazon just leave a question below, I’ll be happy to help out.

Visit Amazon.co.uk

🛒 A Simple Trick to Save Money When Buying From Amazon UK

When buying from Amazon UK and shipping to Malta (or any other country except the UK itself), you will be given the option to pay in GBP or your local currency (EUR in Malta’s case).

By default EUR will be selected, so make sure you switch that to GBP. Amazon uses an exchange rate that is worse than the one offered by your local bank, and you would, therefore, be losing money if you pay in EUR.

I then make the payment using my TransferWise Borderless Mastercard debit card, as it automatically takes my Euros and converts them to GBP to make the payment at the best rates. Not only that, but I can also convert Euro to GBP at any point in time and store them in the Borderless account. Then when I pay on Amazon UK it will use the funds in the GBP account I have.

See also: N26 vs Revolut

When traveling abroad you will encounter this choice when paying at shops and restaurants as well, and even in those cases, you should always pay in the currency of that country by using a card like N26 or Revolut. The amount saved really adds up over time especially if you are making larger purchases from Amazon.

Other Sites for Getting Electronics to Malta on the Cheap

Apart from Amazon, there are other sites that can be ideal for particular niches. I tend to use Amazon for any kind of purchase, be it electronics, shoes, clothes, or household goods.

When it comes to electronics, though, in addition to Amazon I also check the following websites:

  • Banggood
  • Gearbest

These are Chinese websites, although they have a limited supply of their stock available in European warehouses. Shipping tends to be slower than Amazon, but you can use expedited shipping to get your items within 5 business days. Note that you will usually have to pay VAT on the products’ arrival to Malta. This applies mostly to the higher-priced items; on smaller items they just let them through usually. In the case that you’ll need to pay VAT, the delivery person will collect the VAT in cash when he delivers the item to you.

These two websites are also not limited to electronics, but you won’t find the same range as Amazon. On the other hand, if you know that the product you want is manufactured in China, the chances are that you’ll find it at a lower price on Banggood or Gearbest rather than Amazon, since you’re cutting out the middleman in Europe.

Filed under: General

Are You Color Blind?

Last updated: March 31, 202012 Comments

color blindness.jpg

I recently discovered that I’m color blind to a certain degree. There are several degrees of color blindness, and this congenital disease affects mostly males (up to 7% of the total male population).

The test you need to take at your eye clinic in order to determine whether you are color blind or not is called an Ishihara Test. You will be shown a number of slides and you will need to determine what number is shown on each slide.

If you want a free quick test to determine whether you are color blind or not, you can use the Enchroma color blindness test.

My test results put me in the mild deutan category. Here’s the description of moderate deutan color blindness:

Deutans are people with deuteranomaly, a type of red-green color blindness in which the green cone doesn’t detect enough green but is too sensitive to yellows, oranges, and reds.

As a result, greens, yellows, oranges, reds, and browns may appear similar, especially in low light. It can also be difficult to tell the difference between blues and purples, or pinks and grays

If color blindness causes you problems on a daily basis, or if you just want to experience what the world looks like to the vast majority of people, Enchrome makes special sunglasses that aim to correct color blindness. There are several videos on YouTube capturing the emotions of color blind people trying them out for the first time; they’re quite interesting.

Personally, my color blindness hasn’t significantly affected my daily life. In fact, I didn’t even know about the condition until I visited a museum that had some basic information about color blindness on display, and I realised that I couldn’t see the numbers shown, meaning that I had some degree of color blindness.

I am curious, however, to try out the Enchroma glasses, especially in a sports context. I’d love to see whether correcting my color blindness would help me in my padel play. It would also be interesting to know whether specific padel court surfaces are better and provide more contrast with the ball for a color blind person.

Anyone else tested positive for color blindness? Has it affected you in your daily life? Let me know in the comments section below!

Filed under: General

Yogurt Bowl Breakfast

Last updated: November 17, 2022Leave a Comment

 

One of my favorite breakfast meals is the yogurt bowl. It’s super easy to prepare and it’s a great fresh way to start your day.

Ingredients

  • 1 sliced Banana
  • Half a first of walnuts
  • 5 to 10 berries of your choice
  • 1 teaspoon of chia seeds
  • Natural unsweetened Greek yogurt

Directions

Like I said, this is super easy to prepare, so just put all the ingredients in a small bowl, mix and enjoy your healthy breakfast. You can, of course, vary this in many ways so it’s never boring. At times I put strawberries instead of banana. You could also put in matcha, moringa or protein powder for an interesting mix with the yogurt.

You can also vary the nuts, I like to use hazelnuts and almonds to vary from the usual walnuts. The nice thing about walnuts is that they are very easy to break down into smaller pieces using just your hands.

Filed under: General

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