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How to Financially Prepare for Your Children’s Future

Baby on the way? Congrats! This is an exciting and also somewhat overwhelming time. Being pregnant in a foreign country, with different customs when it comes to childbirth and raising children, information and assistance in another language. Yes indeed, becoming parents takes a lot of preparing, both emotionally, practically as well as financially. Beacon Financial…

Why do the tax people in the Netherlands get money out of my employment?

There is a whole list of premiums listed on my payslip. What do they all mean? In case of sickness, unemployment, or pregnancy, you will still receive income in the Netherlands. How does that work? Does your employer pay it? Do you pay it? And why can’t you elect to get this extra amount in…

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Best Way to Transfer Money to a Dutch Bank Account?

Want to send or receive money to your Dutch bank account or to friends, co-workers, or family overseas? Just know that the response isn’t “there’s an app for that,” so much as “which app do I use?” That’s because there’s a whole array of money transfer companies that specialize in moving money digitally, on a…

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First steps: Opening a Dutch bank account

Once you’ve touched down in The Netherlands, opening a bank account will be one of the crucial first few steps towards settling in this wonderful country. You’ll need a Dutch bank account to get paid, pay your bills, and spend your hard-earned cash. Here’s a handy guide to get you set up and banking like…

This One Simple Habit Could Double Your Savings

Writing down every purchase for a month has proven to save people over 50% of what they spend! Maybe you’ve created a budget, but you still can’t manage to increase your bank balance. You check your bank account every day, but it doesn’t prevent you from buying that extra large Tony’s chocolate bar. So for…

Accidentally American? Get the best investment advice and plan your dream future

Investing and saving is a complex game at the best of times. For Americans living abroad, the federal government’s tax and reporting regulations make the situation even more complex. Thankfully, Beacon Financial Education is here to walk you through the financial minefield. So you’ve got some hard-earned cash squirreled away or made a few juicy…

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bunq, the Bank for Entrepreneurs

The Entrepreneur Your business is a reflection of who you are. You are clever, and can’t have a boss, you are the boss. On a daily basis you are pushed and pulled in different directions whilst maintaining focus on what is important. You learn to rely on yourself and your abilities to achieve your goals….

GBP/EUR Update: What impact has Brexit had on the Pound?

This article was provided by TorFX, an award-winning currency transfer provider. It’s certainly been a rollercoaster month for the GBP/EUR exchange rate, with the pairing experiencing plenty of ups and downs throughout March as currency traders were kept busy trying to keep up with all the latest Brexit developments. So what went down in March?…

Netherlands’ 30% Ruling and Highly Skilled Workers

If you are one with a specific expertise not readily available among the workforce, it may benefit you to move to the Netherlands.  In this article we will go over what a highly skilled worker is and the 30% ruling in the Netherlands which allows some expatriate employees to bolster their savings and earn tax…

Traveling? Avoid paying Forex and ATM fees

If you’re like most Internationals, you love to travel! After all who doesn’t. In fact some studies have show that travel can actually lead to higher educational achievement, reduce stress and improve your productivity at work. Furthermore, travel has been shown to improve the risks of depression and reduce the risks of heart disease (not…