This is the latest in a series of interviews with fellow personal finance bloggers. Today’s guest is Benjamin Davis, from From Cents to Retirement.com. Benjamin was born 28 years ago, in Portugal, to an Italian and Canadian family. He is working towards his early retirement. Benjamin has specialized in deep-value Real Estate deals, although he also uses other investment tools, including stocks and P2P lending platforms. He runs the blog from cents to retirement.com, since early 2016, where he displays his financial and personal live.
Who is Benjamin Davis?
Benjamin: I am a 28 years old engineer, who is currently working very hard towards being financially independent. I speak many languages and lived in many different places. In 2016 I graduated PhD from a tier 1 university in Europe. I decided to do a 24-month Post-doc at a different university, but I decided to cancel my contract after 12 months (by May 1st), because I think I could earn more money and be happier setting up my own business.
Why did you start your blog?
Benjamin: Early 2016, although I had a blog before that. It was too broad so I decided to stop it and found from cents to retirement.com. From cents to retirement is about financial freedom, but I tend to post about related stuff, such as tools for bloggers and traveling.
What are your favorite Blogs?
Benjamin: fifighter.com was truly an inspirational blog, but when I came across your site I realize you have a lot of good content and you took on a very important mission!
When did you first become financially literate?
Benjamin: In 2011, I developed the Chronic Fatigue Syndrome (CFS). In late 2014 I realized with CFS and not knowing I could work for much longer, I started to think of ways to create a passive salary and become financially independent. I started to educate myself financially, reading over 200 books on personal finances. I am currently re-reading them and delivering summaries and reviews for them on my site.
What was the last item you regretted purchasing?
Benjamin: A water bottle. In October, I stayed at one hotel in Germany, and drank a water bottle which cost 5 bucks. I am very frugal, and I don’t get along with overpaying.
If you died today, would your family be okay from a financial stand point?
Benjamin:Fortunately, yes. I don’t have kids and my parents are retired, enjoying a good life.
What are you teaching (or will you teach) your kids about money?
Benjamin: I will first teach them the importance of delayed gratification. That will greatly help them with saving, which I think is very important. Beyond that, it will provide them with the necessary confidence to make long-term investments and set up their own businesses. Over the years, I became more inclined towards setting up my own business than working for somebody else. I want to pass that experience down to my own kids.
What’s your dream job?
Benjamin: Managing my own and others investment portfolio.
What are your favorite projects to work on these days?
Benjamin: In 2017, I expect continuing to grow my blog and delivering solid content to my viewers. I am almost finishing my book, which I will publish through Amazon KDP. I expect to grow my portfolio by about 20% this year – other than having a part-time fully flexible job, I will set up two businesses. Although I feel 2017 will be a very tough year, it will certainly be one of the most productive years of my life.