Reading Time: 2 Minutes Hello everyone! Welcome back for another episode of The Frugal Samurai. So I was thinking that it’s been a long time since I’ve shared with you all regarding my net wealth. Indeed, the last time was this post back in Sept 2017 (you can read it here My numbers revealed…) Incidentally, it also received one of the highest views on this blog (everyone loves a peek behind the curtains). I can understand why, naturally as a personal finance blog, it makes sense to be as transparent as possible with you guys, so apologies for not doing it earlier. Going forward, I’ll aim to make this a…
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3 Portfolios Anyone Can Start Today
Reading Time: 4 Minutes Happy Australia Day everyone! Hope we are all taking the time out to spend it with our loved ones. This weekend also coincided with the Chinese Lunar New Year so it was a doubly joyous occasion for The Frugal Samurai household. Happy New Year! Australia Day also marks the time when the year starts to kick off again in terms of activity and work. The Christmas and New Year slow-down period is firmly in the rear-view mirror, and it’s time to get back on the horse. It’s also the time when we reflect on our New Year resolutions and see how far (or not) we have…
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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…
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Cryptocurrency Update
Reading Time: 2 Minutes Howdy everyone! Hope we’re all settling into the new year. Everyone’s heading back to work now (boooo!), you can see it written on our faces. Depressed look. It’s why we have to FIRE people! Get some of our time back to do the things we want to do. Mini-rant over, I wanted to visit the crypto-market today as it’s been a while since the last update. We all know what happened a couple of years ago, when crypto was on everyone’s lips. And yes, we all know for every crypto-millioniare, there are hundreds, nay thousands, nay hundreds of thousands, who have lost their shirts investing gambling on them. Myself…
