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. 

SYS Quick Tip – Check Your Fees!

Let's have a quick chat about fees. You slave away like a minion 40 hours a week diligently contributing your hard-earned moolah to your KiwiSaver (if you're not contributing, here's why you should be) so hopefully one day in the hopefully near future you might be able to join in the craze of purchasing some brick and mortar. And in the hopefully not too near future, you can enjoy a nice game of bingo with the other pensioners without having to worry about who's paying the power. 

Why I Maxed Out My Student Loan

This will probably be the only time I wholly endorse sinking yourself into more debt. But this is the best debt you could possibly ask for. Interest-free money! I wish I would have thought of this earlier on. In my second year at university it hit me, why wasn't I taking everything I could from my student loan.  I had a part-time job which covered the majority of my expenses and in an effort to remain as debt free as possible was drawing only a small amount of my living costs per week. Oh, the missed gains.