Reading Time: 6 minutes Ah yes, the Great Australian Dream. What is it you ask? Well, since the beginning of time, us Aussies – we’ve got this fascination, no, not the right word, this need of owning our own home. The insatiable desire for the quarter acre block and a piece of land we can call our own. I’ve discussed it previously in some of the earlier blog posts (here and here) regarding our attitude to real estate. Not only does the property market provide housing to all of us – it is also an enormous asset class which dominates the media airwaves and creates a huge number of jobs. Which…
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What Are The 3 Big Financial ‘Mistakes’ That People Make (and the first thing they can do right now to rectify them)…
Reading Time: 5 minutes Today’s post is courtesy of my friend Light Beam AKA “Mike’s friend from Canberra”. Light Beam works and resides in our nation’s capital and is employed in the public sector. But what makes Light Beam different to most public servants is that he works for the government body which sets and implements our economic policy. That’s right – Light Beam pulls the strings for the Treasury department. Suffice to say that Light Beam is a pretty switched on kinda guy and someone who knows a thing or two about finance. Inevitably our conversations end up talking about a financial topic or two whenever I get the…
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How Did These Billionaires Approach Failure?
Reading Time: 4 minutes Everyday all of us deal with failures. Some are big – “OMG I just had a car accident.” Some are small – “WTF why no organic cronuts left.” And some are just downright ridiculous – “My fantasy football captain went down injured in the first minute”. Yet, there are various moments in our life when we have LIFE-defining failures. You know, the ones which brings you to your knees and you try to squeeze out a tear – but even your tear glands shake its head at you. “Yes I would, if I could, I surely would”. Life is hard. It’s not just us mere mortals…
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What’s it Like at a Real Estate Seminar?
Reading Time: 5 minutes Howdy fellow Frugal Samuraites! Hope we all had a cracking weekend – the sun is out and looks like the worst of Winter is passing through FINALLY! It’s beeeeautiful! Did you head outdoors to enjoy the warmth and sunshine? I did… well kinda – I mean, I did head into the city, walked by our very own Darling Harbour… to attend…”cue drum roll” A real estate seminar! The thing with property seminars, for those who have never been – is that usually they try and sell you something there and then. It’s either a “training” course, or an “exclusive” new insight or some other unique and wonderful…
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An Example of the Power of Compound Interest…
Reading Time: 4 minutes Hola! How’s it going ladies and gentlemen? Are we all enjoying our Wednesday night! I know, I know – there’s not too much to do on a Wednesday right. Seems like hump day is just a prelude to “getting it over with” and waiting for TGIF. But you know, there’s so much more to what can be achieved each passing day. Never underestimate the power of compound interest and incremental changes! Here, take this example I was discussing with my work colleagues today. Now, a bit of background – we work in financial services within a fairly large institution. One might even call it a “bank”,…
