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The Frugal Samurai

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  • About Me
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  • Net Wealth Updates
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  • Alternatives,  FIRE,  Life

    Your Life In Weeks

    February 7, 2021

    Reading Time: 2 Minutes Hola peeps! Sorry went a bit AWOL there, but it’s good to be back! Been a bit full-on these days as MrsFrugalSamurai and I have been beavering away getting things ready for MiniFrugalSamurai. Case in point were some prenatal classes taken at the hospital, which are meant to better prepare first-time parents with what to expect. I didn’t learn anything from these classes. Mainly because I wasn’t paying any attention. Hear me out though – the baby will be delivered at the hospital, with experienced mid-wives, nurses and an OBGYN who does this for a living; oh and MrsFrugalSamurai also works in the medical field. IF…

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    Wealth Inequality Rises In Australia

    January 24, 2021

    Reading Time: 2 Minutes I was perusing through the interwebs as you do, and came across a very insightful article regarding the wealth or rather, the lack of wealth equality here in Oz. It’s a joint research study by the University of New South Wales and the Australian Council of Social Service and to be honest, it’s very confronting. As we know, COVID-19 has exacerbated what was already a burgeoning wealth gap between the haves and have-nots, and this paper only highlights that. Here are some key take-aways: Household Wealth The below compares the wealth holdings of the highest 10% (highest wealth) of households followed by the next 30% (middle…

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  • Alternatives,  FIRE,  Life

    My Worst Financial Decision So Far

    January 14, 2021

    Reading Time: 2 Minutes Dear all. Don’t buy a house with a pool. That is all. No really, the financial cost of owning a pool far outweighs the derived benefit. Seriously, how many times are you going to be swimming? And no child’s laughter is worth having one damnit! OK so I might be feeling ranty tonight cos it’s ticked over midnight and I’ve just finished “fixing” our pool pump. Rather I came home around 9ish to the sound of a staccato of noise you would not believe. I thought it was an odd hour for the neighbours to be using a chainsaw… until I realized the sound was suspiciously…

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  • FIRE,  Life

    What’s Needed To Be Financially Successful?

    January 10, 2021

    Reading Time: 2 Minutes MrsFrugalSamurai and I attended a stunning wedding put on by one of her oldest and dearest friends over the weekend. Massive congrats BENSICCA!!! It was our first Corona-wedding and to be honest with you, I didn’t know what to expect. What to expect? Why nothing but FUN of course! There’s something about weddings which makes everyone happy… I think it’s to do with the live music. Regardless, weddings are also a great time to catch up with people who you haven’t seen in agggges, and this one was no different. As I caught up with a once-close-but-now-distant friend, we waded into a discussion about finances, more…

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    Fundamental Principles Of Behavioural Finance

    January 6, 2021

    Reading Time: 2 Minutes Heya all! So I went back to my parents place to pick up a few things today. And whilst rummaging through my old room – came across copies of some old, tattered print-outs I had stuck to my wall. Now many male, uni-aged students are not unfamiliar with the humble poster. From old school Jessica Alba prints to corny motivational memes, it’s fair to say that there’s plenty of variety adorning our walls. Except for yours truly, amongst all the above – there were 7 posters… or print-outs rather, which was blu-tacked right above my desk at eye level. In no particular order, they are: I…

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