If you’re a little bit nerdy about personal finance, you’ll likely have come across the FIRE movement (“financially independent, retire early”). This is a rapidly growing global community of people who are actively working towards early retirement (whatever age that means to them, depending on their goals). I already wrote a post on how early retirement works, the basic concepts …
Want To Retire Early? Here’s What You Need To Know (Part 1)
There’s a new craze in town and it is called: “I want to retire early.” In fact, there’s even a whole movement around the idea called: “FIRE” (‘financially independent, retire early’). “Wait, what? I can retire early??” Retirement is a financial position, not an age. So, you have a measure of control over when you retire. It all comes down …
How I Saved $1,000 in 30 Days #1K30DAYS
A little while ago, I decided to set a savings challenge for myself: I was going to save an extra $1,000 in 30 days above and beyond my regular savings. Below I’ve detailed how I did it, and what I learned along the way. LESSON 1: HAVE A SPECIFIC GOAL FOR THE MONEY YOU ARE SAVING I see a lot of …
The 5 Money Mistakes I Regret The Most
I was 18 when I got my first real job that paid me real money. And I had no idea what to do with it other than spend it. So, it disappeared…pretty quickly. If I could turn back time, here’s a few things I would change about how I managed money when I was at university: 1. Have a separate …
The Reason You’re Scared of Shares: Trading vs Investing
My family isn’t really into shares. When it comes to shares, their automatic response is: “Investing in shares is like gambling. Don’t do it. It’s a waste of time.” They’ve been burned before, so I can understand why they might be scared. When I ventured outside the family for perspective, I quickly discovered: it wasn’t just my family. A lot …
How To (Actually) Save Money on a Wedding in Australia
Depending on what culture you come from, weddings are either expensive or I-could-buy-a-house-in-Sydney-with-that-money expensive (trust me, I come from the latter). Since it’s such a big expense, trying to save money on your wedding is likely to save you more than trying to skip coffee once a week! Most advice on how to save money on your wedding is stuff …
Popular* Money Tracking & Budgeting Apps in Australia
I’m going to come clean: I am not a big fan of traditional ‘budgeting’ (*GASP*). You know, the thing where you have to write down everything you spend and then compare it to a pre-determined spending limit for each category of expenses (‘Did I spend more than $100 on clothes this month? Oh no, I spent $150!’ *insert guilt*). I’ve …