Reading Time: 4 Minutes Hiya boys and girls! Been a lil while since I’ve seen you in these parts right. Excuse me, as I got caught up with all the craziness that’s been going on this week. But I’m back! With the final part of our latest property purchase. You can read part 1, here and part 2, here. We’ll be diving into the nitty gritty of it today. The numbers involved and the pros and cons of the property. Numbers So we secured this two bedroom villa with an offer of $220,000. Like I mentioned earlier, it was on the market for $279,000 initially. Given it’s size, I certainly…
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We Bought Again! (Part 1)
Reading Time: 4 Minutes WOW guys. Wow fooking wee. “Wipes forehead”. So yes, we bought again as you can tell from the title. Another little acquisition for the portfolio. I’ve been hunting over on the West Coast for the better part of last year and just when I thought it was all to come to naught… up pops this one which I had already… Oh wait. Of course, where are my manners. Some background first? Background Those of you who have read this blog for a while know that in late 2018, we were in the fortunate position to purchase our first West Coast property in Perth (read about it…
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4 Things You Didn’t Know About Your Home Loan
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…
