How much does it REALLY cost to buy a property?
With my most recent purchase of property number 3 I thought it would be a good chance to clear up any misconceptions about how much it really costs to buy a property and what are the hidden fees, extras and everything else involved right from step 1 to getting the...
Negative Gearing Is For Dummies
Unless you have been living under a rock I'm sure you have heard of the term negative gearing. Some swear by it, others say that it is responsible for the outrageous house prices in the Sydney and Melbourne market. At the time of writing this, the current median house...
Retirement Calculator
It doesn't matter if you're 16 or 60. You are never too young or old to start planning for retirement, and if you're crazy like me then you would have wished you had started planning from your early teen years. But how do you know when you can transition to...
July 2015 Net worth ($161.904.96)
Net worth had a big jump last month (+$21,000) after both my properties got revalued and completing my tax return which showed that I had knocked off about $7,000 off my HECCS debt. July has seen a seen a steady increase of around $4,500 from pure cash savings.
Escape The Rat Race
Do you ever sit at work, stare blankly into the monitor and wonder how much better your life would be if you didn't have to be there? I often drift off into a day dream where I visualize that I'm financially free and am doing whatever I want. Making more than enough...
Stop thinking in dollars and start thinking in percentages
I recently got into a very interesting conversation the other day when I returned from my weekly Monday shopping trip to stock up on food for the rest of the week for work. I bought my usual item; Bananas, muesli bars, apples and other various foods/goods. Upon my...
