Reading Time: 7 minutes RnB music pumping: “….She’s so dangerous That girl is so dangerous, That girl is a bad girl, yeah” Oh! Hi there – how’s it going? Sorry for being distracted, you see – I’ve had an old school RnB binge this weekend. Poor MrsFrugalSamurai had to put up with my dance moves and random bursts of song. She doesn’t mind, tests our marriage she says, makes it stronger. Today’s article is in response to a question from one of her good friends Bane-san, a well-renowned medical physician based in Melbourne, who originates from the Indian sub-continent but has a Japanese name. #Winning! Bane-san asks: How to start a…
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Snapshot of the Oz Economy
Reading Time: 5 minutes Hey YOU! (Points finger in your direction). “M…me?” YES YOU! Have you ever wondered how the Australian economy is going right now? What our GDP growth rate and headline figures are? WELL?! HAVE YOU??? “N…no…no” Well today’s your day to find out! “Oh…O…OK” The Reserve Bank of Australia (RBA aka Oz Central Bank) kindly released an economic snapshot (great info-graphics) of how our Australian economy is tracking right now. Given the negativity recently in the media and pundits stating we are overdue for a recession – it’s a prudent time to see just how we are doing. Courtesy of the RBA: Some solid numbers reported, with…
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Which Financial Level Are You?
Reading Time: 9 minutes Hey guys! How y’all doing? Hope you been enjoying the weekend – plenty of glorious sunshine out there! MrsFrugalSamurai certainly did, for she went out for a hike with friends to the famous Wedding Cake Rock whilst I ran around throwing my weight around on the field (as a referee). During one of our breaks, I sat down to have a chat with a couple of my fellow refs. Soon enough, the conversation gravitated towards our normal day jobs – one was a doctor, another a self-employed jeweler and the youngest of us, still a student. “You guys are all level 99’s!” said the student at the end…
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The Evolving Great Australian Dream
Reading Time: 6 minutes Ah yes, the Great Australian Dream. What is it you ask? Well, since the beginning of time, us Aussies – we’ve got this fascination, no, not the right word, this need of owning our own home. The insatiable desire for the quarter acre block and a piece of land we can call our own. I’ve discussed it previously in some of the earlier blog posts (here and here) regarding our attitude to real estate. Not only does the property market provide housing to all of us – it is also an enormous asset class which dominates the media airwaves and creates a huge number of jobs. Which…
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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…
