Reading Time: 1 Minute Hello everyone! So the dreaded “R” word has finally come for Australia. Our federal treasurer Josh Frydenberg has confirmed that yes, we are in recession. In this video, learn about what a recession means, what happened during the last recession, what to expect this time round and also how to prepare yourself for the upcoming recession… My outtake? Be prepared for what’s to come but don’t over-react! There will always be opportunities in the market. Speaking of… I might hit up a more detailed piece on a recession if things get REALLY bad. Here’s hoping we’ll come out of it OK. Did you enjoy this post?…
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Are Things Back To Normal?
Reading Time: 2 Minutes MrsFrugalSamurai told me an interesting story today. Whilst she was at the shops, an elderly lady was using her umbrella to maintain social distancing in a “forceful manner”. Apparently the sheer number of people going about their business made this a thankless task. I can just imagine our heroine, battling against the horde with her brolly-cum-sword like a crazed Mary Poppins. I guess the moral of the story is that we’re all heading outdoors now and everything is back to normal? Certainly it’s not true in other parts of the world, where escalating cases in the US, Brazil and India among others makes COVID-19 as big…
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6 Financial Lessons From Quarantine (Youtube Video)
Reading Time: 1 Minute Hi all! So as they say, when it rains it pours and certainly that’s true with my Youtube channel. Isn’t it funny that it took me almost 6 months to change my mindset to get on top of the 1st video last week, and now… 6 days later, here’s the 2nd. Just shows what a powerful thing mindset is. Oh and before I forget, thank you for the overwhelming response to my earlier video, much humbled and appreciated! Anyway, without ado, here is number two! Once again, I hope it made sense to you and that you liked it. If you have any feedback, I would…
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My First Youtube Video
Reading Time: 1 Minutes Hola peeps! Some wonderfully EXCITING news to share with you all. The Frugal Samurai is now on Youtube! Whew, 6 months in the making but finally I ticked off an item on the bucket list for 2020. Was a LONG time coming. I admit I was procrastinating badly with this one. Chiefly because with this goal, I had to make a real conscious effort. I think the unknown and going outside of my comfort zone was holding me back. But like anything in life, the anticipation and buildup is often the biggest stumbling block. Now that I’ve done it – I don’t really see what I…
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May Net Wealth Update
Reading Time: 2 Minutes Hello all! Hm, well not too much has happened this month to tell the truth. Of course, broadly speaking May saw the easing of social isolation measures for Aussies as a whole. But we must remain vigilant people! The risk of a 2nd wave is increasing each day as more and more of us step outdoors. On a personal level, I haven’t made any enormous moves – just been steady as she goes. I must admit I did get too greedy when the market bottomed in March, as I didn’t think valuations were on discount enough to plunge deep. Which has seen me miss out on…
