Reading Time: 4 Minutes OK boys and girls, we are back! Back for the continuation of our most recent real estate purchase. If you missed part 1, don’t fret! Have a read of it here. Basically, after zipping around the Greater Perth area for the best part of a long weekend, we’ve narrowed the shortlist down to the FINAL FOUR. Ironically none were detached houses, which is a shame because I was on the look-out for somewhere with a bit of land. As we all know, it’s land which appreciates in value and the building which depreciates – hence anything with good land content and value, usually receives a big…
-
-
What Are The 3 Big Financial ‘Mistakes’ That People Make (and the first thing they can do right now to rectify them)…
Reading Time: 5 minutes Today’s post is courtesy of my friend Light Beam AKA “Mike’s friend from Canberra”. Light Beam works and resides in our nation’s capital and is employed in the public sector. But what makes Light Beam different to most public servants is that he works for the government body which sets and implements our economic policy. That’s right – Light Beam pulls the strings for the Treasury department. Suffice to say that Light Beam is a pretty switched on kinda guy and someone who knows a thing or two about finance. Inevitably our conversations end up talking about a financial topic or two whenever I get the…
-
What’s it Like at a Real Estate Seminar?
Reading Time: 5 minutes Howdy fellow Frugal Samuraites! Hope we all had a cracking weekend – the sun is out and looks like the worst of Winter is passing through FINALLY! It’s beeeeautiful! Did you head outdoors to enjoy the warmth and sunshine? I did… well kinda – I mean, I did head into the city, walked by our very own Darling Harbour… to attend…”cue drum roll” A real estate seminar! The thing with property seminars, for those who have never been – is that usually they try and sell you something there and then. It’s either a “training” course, or an “exclusive” new insight or some other unique and wonderful…
-
An Example of the Power of Compound Interest…
Reading Time: 4 minutes Hola! How’s it going ladies and gentlemen? Are we all enjoying our Wednesday night! I know, I know – there’s not too much to do on a Wednesday right. Seems like hump day is just a prelude to “getting it over with” and waiting for TGIF. But you know, there’s so much more to what can be achieved each passing day. Never underestimate the power of compound interest and incremental changes! Here, take this example I was discussing with my work colleagues today. Now, a bit of background – we work in financial services within a fairly large institution. One might even call it a “bank”,…
-
7 Thoughts on How to Approach FIRE (Final Part)
*This is a longer post but well worth it in my humble opinion. Allow 8-10 minutes. 女士们, 先生们 你们好! Welcome back to another edition offfffff… “THE FRUGAL SAMURAI!” Cue drums, and music and elephants and dancers and other wild shit. I hope you all have been loving life the way it should be loved since we met last. What a difference a couple of days make eh – here in Australia, we’ve past an annual milestone date of 30th June – the New Year’s Eve for accountants. Yes that’s right – accountants around the nation were rejoicing and singing Auld Lang Syne under the mistletoe last night. But not you…
