Reading Time: 2 Minutes What’s up lock down people! Been a while, for which I offer my humble apologies. Unfortunately, we’ve had a personal setback relating to a close family member during this time, coupled with MiniFrugalSamurai being ever so cheeky – has meant many things have taken a backburner. But not investing! Been dabbling a bit here and there recently. Mainly in the stock market and crypto space. It’s going… OK to tell the truth. But not as OK as a friend of mine who shall remain nameless. Kevin, oh I mean, he-who-shall-not-be-named, was exposed recently as the owner of this: W T F. $600k+ gain overnight??? He denies…
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Complete Guide to the Federal Budget 2020
Reading Time: 3 Minutes What’s up people! Gosh, what a cash splash in the highly anticipated Federal Budget 2020. Money, money, money, everywhere you look. In what was billed (see what I did there) as one of THE most important budgets for Australia since the Great Depression, and the first in a recessionary Australia in almost 30 years – Treasurer Josh Frydenberg rolled out (as expected) a whole bunch of tax cuts, job creation measures and targeted spending to kickstart our economy. And if you don’t have the time nor inclination to read through the mountains of reports and commentary, then welcome to the ONLY guide you’ll need. I’ll take…
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4 Paths to Accumulating Wealth
Reading Time: 4 Minutes I wrote earlier this year about how “Being Rich Eliminates 67% of Life’s Problems” (link here). Well, following on from the study Tom Corley did… You know, Tom Corley? The guy who spent 12 years conducting a study by interviewing and researching millionaires, multi-millionaires, multi-multi-millionaires and a group designated… “poor”, to try and see what’s the difference between “rich” and “poor”. In short, it is habits, habits and habits. However in this, he also discerned 4 very different paths towards accumulating wealth. The Dreamer/Entrepreneur These are people who the phrase “love what you do” is coined. And it showed, with an average net worth of $7.4 million. But the path is…
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What’s Wrong With Working In Your Passion?
Reading Time: 2 Minutes Hey, what’s up you! How’s it going? Apologies for being AWOL mid-week as I was away on our annual company conference with 800 of my colleagues. It was quite fun actually, a great time for everyone to get together and plan for the year ahead. Although the key take-out from this 4 day sojourn is that we need to work harder, work longer and work better. One of the speakers also presented on the WHY. You know, why do you wake up every day? Why do you do what you do? Why do you come to work? To…to get paid? Now, if you answered to pay…
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1 Simple Step for Personal Finance Beginners
Reading Time: 2 Minutes What’s up everyone! How’s it going? Had a very interesting discussion at lunch with some work colleagues today. As you all know, we live in Sydney, Australia – an absolutely amazing place to be. Unfortunately that awesomeness is offset by the supreme cost of living, quid pro quo as they say! And this was the topic with my colleagues. One of them recently had a baby, and he was telling us about a trick he is employing for their future. Well, it’s not necessarily a trick but more of a life hack. Basically the guy loves Bubble/Boba teas, often guzzling 3 or 4 a DAY. So…
