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…
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One Quick Tip Regarding Investing (Know How You Will Get Your Money Back!)
Reading Time: 2 Minutes Hi guys! Going to be SUPER short tonight, because I’ve just wasted a good couple of hours and I’ll explain why. Earlier MrsFrugalSamurai just stumbled onto some old letters from SIX months ago which she neglected to open. Cos who uses letters any more right? Well dear, apparently some financial institutions still do. I love my wife. She keeps life interesting. Lo and behold, in one of the letters was an outdated life insurance plan to the tune of about $20k or so. To say she was shocked was an understatement. Because to think that the value of her life is worth less than a Toyota…
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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…
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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…
