Change Your Mindset – It Might Just Save You A Million Dollars

This will be short, sweet, and might just make you a millionaire. 752 - the magic number that is going to change the way you look at money and spending. When you think about your spending how do you frame it? Most people might frame it on a weekly basis, some a monthly, the odd …

Continue reading Change Your Mindset – It Might Just Save You A Million Dollars

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The basics of FIRE & why I’m striving for it!

So if you're new to all of this you may have noticed me and a lot of other finance bloggers talking about FIRE. But what is it and why do I want to achieve it? FIRE stands for Financial Independence Retire Early, it is the concept of building up enough in investments that you are paid a passive income through dividends or returns thus enabling yourself to live without working. 

Getting Started

So you've come to realise your money situation just isn't up to scratch. But where do you start? You might be heavily in debt, living paycheck to paycheck, or just not meeting your savings goals. I found the same thing a few years ago, I had just spent a year working in Sydney earning a good wage and had returned to study in New Zealand. However, I had bugger all saved and soon found myself with a maxed out overdraft (luckily interest-free). So how do you start - you first need to know where your money goes.