Reading Time: 4 Minutes Howdy folks! Have to say I am in a GLORIOUS mood today. Because, finally, for once… the sun is out. And we can ALL enjoy our weekend proper. The way it should be :) Before I can though, I have to let y’all in on a secret. It’s something which has been bugging me for a while now. I see it every day, invisible to most of us. What is it? I’m talking of course, about the hidden fees and charges in our home loans. Now, for our international friends who are not as familiar with Australia, us Aussies – we are obsessed with real estate,…
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Coronavirus and its Effect on Human Psychology
Reading Time: 3 Minutes Well it’s bucketing rain at the moment in Old Sydney Town boys and girls. What better way to spend our time indoors than to catch up with your favourite personal finance and development blogger! OK, so I wanted to follow-up on my earlier post regarding the hot topic in Australia right now. Which of course, is the Coronavirus. I wanted to revisit this topic because I’m seeing some news headlines about an unprecedented surge in hand-sanitizer right now. Headlines such as: Coronavirus panic causes hand sanitiser to be marked up, sells out at supermarkets And: Coles sells out of hand sanitiser as coronavirus rush hits All…
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The Most Miserable Countries in the World
Reading Time: 2 Minutes If you’re having a crappy, can’t-wait-for-it-to-end week like yours truly, then this post is for you. You see, some people believe that happiness comes from within. But lemme tell ya, there’s a bit of science to it as well! And surprise, surprise, there’s been an economic study done to highlight how happiness can be measured against quantitative factors. These being: Inflation, Bank lending rates, Employment levels Growth in GDP. Courtesy of our good friends at Visual Capitalist, the 2019 Misery Index ranked 95 countries based on the above 4 economic variables: 2019 Misery Index To calculate each Misery Index score, a simple formula is used: GDP…
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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…
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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…
