Encouraged by boomer property investor parent’s to buy my first house in 2009 at 19 years old, instead of spending the money on hobbies or a car was well meaning but definitely made finances tight for a while.Continue reading “My Property Investment Failures”
There is only a 1/4 of 2021 to go! This last quarter has come by quiet quickly, it doesn’t feel that long ago I was doing the update for July.
We have been pretty busy the last few months, we had our holiday up to Kalbarri, completed our tax returns which has given our savings rate a bump, increased our super and home loan payments, signed up for a rewards credit card.Continue reading “3rd Quarter 2021 Update”
Having a reliable everyday car that can take you from A to B with no problems is something all of us want. Every so often we do need replace our daily drive with something newer or better suited to our needs.Continue reading “Car Replacement Plan”
At the start of August, the family packed up for a road trip to Kalbarri, on the coral coast of Western Australia.Continue reading “Kalbarri, Western Australia – August 2021”
This 2nd Quarter has gone past fast! It only feels like last month I was doing 1st Quarter update.
We have been quiet busy, We have had all 3 kids birthdays, been to the aquarium and have had pretty nice days for winter so far. So we have been outside making the most of it!
Although we didn’t buy new couches or dining tables this quarter, we had other expenses like yearly car registration x2 and increased home repairs. The savings rate has actually come out exactly the same.
Time to update our progress..Continue reading “2nd Quarter Update 2021”
I thought I would look at how my monthly interest has dropped since owning our home. Interest rates have dropped but the majority of the savings has come from paying down the loan.Continue reading “Monthly Home Loan Interest”
2021 has been a great year so far, except for the 5 day snap lockdown in February. We have had plenty of nice warm weather for beach and parks. We have just got back from a 2 night anniversary (kid-free) holiday to Margaret River.
We do have some extra retail spending, we bought our first couch and dining table $-4,650. Not bad if averaged out, considering we have had a free second hand couch and dining table for the last 12 years!Continue reading “1st Quarter 2021 Update”
In a few years time once the home loan is paid off (2024), we plan to travel long term every two years as a family of 5.
The plan for long term travel is minimum stays of 30 days in an apartment with cooking facilities to reduce costs.
We will aim for between 1 and 3 months trips, off peak March-May and September-November.Continue reading “Long Term Family Travel Planning”
I have been tracking our expenses for just under 3 years. This has been a key tool in fixing our financial outlook.
Using our annual spending and estimating future years we can work out our financial independence number.
This is all speculations and a bit of fun, we will have to wait to see what our actual spending and real returns are.Continue reading “Annual Spending & FI Number”
END OF 2020! Wow we have had a interesting and quick year with Christmas been and gone!
It doesn’t feel that long ago in autumn, we were having a virtual Mickey Mouse party for our daughter’s 3rd birthday while in lockdown!
Now we are enjoying our freedom in Western Australian summer
Time to update the progress.Continue reading “4th Quarter 2020”