Reading Time: 2 Minutes I was perusing through the interwebs as you do, and came across a very insightful article regarding the wealth or rather, the lack of wealth equality here in Oz. It’s a joint research study by the University of New South Wales and the Australian Council of Social Service and to be honest, it’s very confronting. As we know, COVID-19 has exacerbated what was already a burgeoning wealth gap between the haves and have-nots, and this paper only highlights that. Here are some key take-aways: Household Wealth The below compares the wealth holdings of the highest 10% (highest wealth) of households followed by the next 30% (middle…
-
-
My Worst Financial Decision So Far
Reading Time: 2 Minutes Dear all. Don’t buy a house with a pool. That is all. No really, the financial cost of owning a pool far outweighs the derived benefit. Seriously, how many times are you going to be swimming? And no child’s laughter is worth having one damnit! OK so I might be feeling ranty tonight cos it’s ticked over midnight and I’ve just finished “fixing” our pool pump. Rather I came home around 9ish to the sound of a staccato of noise you would not believe. I thought it was an odd hour for the neighbours to be using a chainsaw… until I realized the sound was suspiciously…
-
What’s Needed To Be Financially Successful?
Reading Time: 2 Minutes MrsFrugalSamurai and I attended a stunning wedding put on by one of her oldest and dearest friends over the weekend. Massive congrats BENSICCA!!! It was our first Corona-wedding and to be honest with you, I didn’t know what to expect. What to expect? Why nothing but FUN of course! There’s something about weddings which makes everyone happy… I think it’s to do with the live music. Regardless, weddings are also a great time to catch up with people who you haven’t seen in agggges, and this one was no different. As I caught up with a once-close-but-now-distant friend, we waded into a discussion about finances, more…
-
8 Financial Lessons From 2020
Reading Time: 3 Minutes Happy New Year everyone and WELCOME BACK! Hands up if you’re very excited for what 2021 will bring? Haha, I exited 2020 with a whimper, with a (lonely) jog in the park on NYE followed by watching “Tenet” (confusing) with MrsFrugalSamurai, and get this… going to SLEEP before midnight (exhausting), thereby missing out on the fireworks (disappointing) and also ringing in the New Year with MrsFrugalSamurai (chastising). D’oh! Getting old in my years. Anyhow, as much as I love to look ahead, it’s also important to look back on the previous year because well… 2020 had it’s moments didn’t it? So in no particular order, I…
-
We Bought A House! (Final Part: The Lessons) And Bye Bye 2020!
Reading Time: 3 Minutes Sigh, finally it’s come to this. The end of what has been a most interesting year, to say the LEAST. Bye Bye 2020! We had huge expectations to spend tonight with friends and family – but as is often the case this year, lockdowns have reared its ugly head again which meant a more muted celebration is in order. Stay safe people! As I sit at home sipping my freshly chilled coconut water, I had wanted to write a summary post for the year, but guess that will wait till next time. Because as promised, today’s post is a wrap up of what I learnt in…
