• Misc

    LibraCoin

    Reading Time: 3 Minutes Hai everyone, how’s it all going? Some interesting developments happened last week in the world of Cryptos which you may or may not have noticed. Facebook came out and released a white paper (an info pack) about a new Cryptocurrency it’s originating called Libra and Calibra, the Blockchain platform supporting the back-office function. It’s just another example of how the Blockchain is coming to the mainstream. Wait… Cryp what? Block…chain? Blockchain is the system in which a record of each financial transaction made in Libra (or any other cryptocurrency such as Bitcoin) is maintained across computers that are linked in a peer to peer network, i.e.…

  • Economy

    The RBA Cut Interest Rates… So What?

    Reading Time: 2 Minutes Howdy everyone! All together for another rendition of TheFrugalSamurai? You betcha! Been a headline making week for us Aussies, it’s the first time our central bank (Reserve Bank of Australia) has moved the benchmark cash rate since August 2016. With a cut in the official rate to 1.25%, this marks a historic low for our nation. But what does it all mean? In a nutshell, it means that the country ain’t doing so great, and that the powers-to-be decided they needed to do something to kick-start it. You see, lowering rates should encourage increased investment and spending through cheaper access to borrowing. How? Well, in simple…

  • Economy

    Huawei – What Now?

    Reading Time: 2 Minutes “Hey son, how do I use this?” I looked up from what I was reading…(Tintin and the Red Sea Sharks) to see my mum with a confused look on her face. Then I looked down at what she was holding. A Huawei phone. Dum Dum DUM…cue dramatic music. OKOK, let’s take a step back here guys – so what right? Some of us have Apple Iphones, others have Samsung Galaxies, so what if your mum has a Huawei phone? Well, unfortunately for Mum, she’s just become an unwitting pawn in the escalating trade war between the US and China. I wrote about the trade war earlier…

  • Economy

    Up or Down? You decide.

    Reading Time: 2 Minutes Sigh. “Don’t wish things were easier, wish you were better”. I know, I know – Jim Rohn quotes are pretty corny sometimes aren’t they? But oh so TRUE. A bit bonkers this week, the parents are away which means that it’s yours truly’s turn to dog-sit for them for a couple of weeks. Not that I mind, look at that little fluff ball: Feels good having her around. I mean, MrsFrugalSamurai is good and all… but she can’t give me licks down “there” y’know? Points to feet. (I know what you thought, wacko). Still, as pleasurable as her feet licking is, there comes a time when…

  • Alternatives

    What I’m Viewing

    Reading Time: 2 Minutes What a monumental election that was last night guys! For those of us who aren’t aware, here in Oz – we just had the federal election across the country to select the ruling government and Prime Minister. The incumbent liberal coalition party (think, the UK conservatives, or US Republicans) was tipped to lose by a landslide, given all the kerfuffle which they’ve put us all through in the last couple of years (I’ll spare you the details, but a lot’s to do with the rotating chair of prime ministers). So it was a bit of a shock to see them be elected again over the Labor…