• FIRE

    Is The 4% Withdrawal Rate Enough To FIRE?

    Reading Time: 3 Minutes What’s going on peeps! Whilst on the bus earlier today, I was reading a FIRE blog which is a personal fave of mine, called Young Adult Money. I think the blog is predominantly about young adults and money. David does a fantastic job with his blog, and I thoroughly suggest you go through his other posts – they’re pretty awesome! Actually, I was reading up on their latest post on Basics of FIRE: Financial Independence Retire Early. For everyone who wants to know what FIRE is and what it’s about, this post provides a great starting point. The post also goes through the well-known concept of the…

  • Life

    How To Hold Your Partner Financially Accountable

    Reading Time: 3 Minutes What’s up everyone! Hope we all had a great week. Listen, so I was reading the papers earlier and came up on a pretty interesting article… https://www.smh.com.au/world/europe/queen-s-message-to-harry-and-meghan-couldn-t-be-clearer-it-s-over-20200119-p53spj.html?js-chunk-not-found-refresh=true I know right! I mean Harry! What are you…wait… sorry, wrong article. This is the right one. https://www.smh.com.au/money/planning-and-budgeting/how-to-get-mortgage-free-by-using-an-envelope-budgeting-system-20200107-p53pj5.html?js-chunk-not-found-refresh=true It describes the personal finance journey of a couple, aptly named Cheetah and Sparky. Cheetahs as you well know, are the fastest creatures in the animal kingdom. But this Cheetah turns out to be a “part-time fitness instructor and personal trainer”… Cheetahs sometimes do this you know. Sparky is an electrician. He fixes er… electricity. The article goes on to say…

  • Alternatives

    Cryptocurrency Update

    Reading Time: 2 Minutes Howdy everyone! Hope we’re all settling into the new year. Everyone’s heading back to work now (boooo!), you can see it written on our faces. Depressed look. It’s why we have to FIRE people! Get some of our time back to do the things we want to do. Mini-rant over, I wanted to visit the crypto-market today as it’s been a while since the last update. We all know what happened a couple of years ago, when crypto was on everyone’s lips. And yes, we all know for every crypto-millioniare, there are hundreds, nay thousands, nay hundreds of thousands, who have lost their shirts investing gambling on them. Myself…

  • Stock Market

    Global Total Returns 2019

    Reading Time: 2 Minutes Howdy everyone! It’s going to be a bit visual today, with a couple of graphs showing what the different returns for different asset classes were for 2019… I did a similar post on this last year which highlighted 2018 vs 2017 here. First, here are the stock market returns for 2019 vs 2018: Well done to Russia, IT and Greece. Polite applause to Poland, Chile and Argentina for participating. Although it must be said that looking back, 2018 was a fairly abysmal year, and that 2019 was much better across the board. Just goes to show that markets move in cycles – and unless you have…

  • Life

    4 Ways to Keep Your New Year Resolutions (Happy 2020!)

    Reading Time: 3 Minutes Happy New Year everyone! It’s the beginning of a brand new decade. Exciting stuff! How was your New Year celebrations like? We had a grand old time here in old Sydney town as MrsFrugalSamurai and I spent it with our family, watching the fireworks as they herald in 2020. Importantly, the start of each new year brings with it new year’s resolutions. If you’re like me, resolutions typically involve a more active approach to health and fitness, improved career/finances and learning new things for personal and professional development. But then studies show that 4 out of 5 of us will fail our New Year Resolutions by…