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…
-
-
Australian Housing Tipped To Rise?
Reading Time: 2 Minutes Hola people! Be ready for a bit of a charting binge today. Ever since we recently bought our place (read here), I’ve been monitoring the housing market ever so closely. And I’ve been noticing a few things. What things? Oh y’know, about the state of our economy in general. I’m a responsible man now OK, got a family to think of. So first up is… Employment Here, let’s start with employment: Would you look at that! Sure, employment levels are still lower than pre-COVID, but it’s come back a fair bit hasn’t it? A sharp “V” shaped recovery puts the trend in the right direction. “Clap,…
-
8 Financial Lessons From 2020
Reading Time: 3 Minutes Happy New Year everyone and WELCOME BACK! Hands up if you’re very excited for what 2021 will bring? Haha, I exited 2020 with a whimper, with a (lonely) jog in the park on NYE followed by watching “Tenet” (confusing) with MrsFrugalSamurai, and get this… going to SLEEP before midnight (exhausting), thereby missing out on the fireworks (disappointing) and also ringing in the New Year with MrsFrugalSamurai (chastising). D’oh! Getting old in my years. Anyhow, as much as I love to look ahead, it’s also important to look back on the previous year because well… 2020 had it’s moments didn’t it? So in no particular order, I…
-
We Bought A House! (Final Part: The Lessons) And Bye Bye 2020!
Reading Time: 3 Minutes Sigh, finally it’s come to this. The end of what has been a most interesting year, to say the LEAST. Bye Bye 2020! We had huge expectations to spend tonight with friends and family – but as is often the case this year, lockdowns have reared its ugly head again which meant a more muted celebration is in order. Stay safe people! As I sit at home sipping my freshly chilled coconut water, I had wanted to write a summary post for the year, but guess that will wait till next time. Because as promised, today’s post is a wrap up of what I learnt in…
-
We Bought A House! (Part 3 The Journey And Numbers)
Reading Time: 4 Minutes How good is the end of the year eh, can’t help but feel relaxed as we wind it all down. Hope we all had a wonderful Christmas with our loved ones. Feels like this year especially, everyone’s been doing our darndest to bring a bit of cheer to others. Good for you Sydney! We’ve been trying to get into the Christmas spirit as well, nothing like the intenseness of some houses mind you: Anyhow, you didn’t come here to read about Christmas and cheer and all that goodwill. Bah humbug! You came here to read about our house-buying journey didn’t ya? And so it continues… The…
