Remember To Water - Growing your personal finances

Hospital Lessons - Time, Cost, Quality 6

Hospital Lessons – Time, Cost & Quality

It has been over a month since my last post. March was the first month I have missed since I bought the domain. However, I have learnt a lot in the month of March. Sorry for not posting, however hospital trumps blogging in my priority list. I will get to the learnings, but first, a little background. Background I have always been the sort of person who likes to find the best. I like to know that I am getting the best possible results for the lowest possible price. Those of you who have seen the Time, Cost, Quality triangle (or...

Bendigo vs Suncorp Dividend Showdown 5

Bendigo vs Suncorp Dividend Showdown

So far I have not posted anything specifically looking at one company/share or another. However today something happened to Bendigo Bank that peaked my interest. It also highlight one of the things I look for when investing for dividends. Of course this is only ONE thing I look for, there are many others. I hope it goes without saying that you should make sure you consider more than just the dividend information when looking at a company. Bendigo Today Bendigo released their half year results to the market. Following that, I watched the share price drop over the day by...

New Year Goals for 2017 4

New Year Goals for 2017

I can’t believe that January is over and I haven’t yet written down my 2017 new year goals. That means I am already a twelfth of the way towards failing! Time to fix that. Number zero of my new year goals: write down new year goals for 2017. Goal complete! Go me. But seriously let’s get into my new year goals for 2017, and see if I can turn them from text into reality. There will be some goals left over from 2016 that were not quite finished. As the saying goes: if at first you don’t succeed, make it...

Net Worth Update - Money Tree 5

Net Worth Update – December 2016

The year 2017 has started, which means it is time for the six monthly check of how the net worth balance book is going. Having just finished looking at how my 2016 goals went, the details are hot off the press. So to see what the last six months have provided, read on. Given the ASX has moved from around 5310 to 5720 over the six months, it would be a fair guess that the share portion of my holdings did well. They defiantly performed better than the previous six months which was just above flat. I have also been...

New Year 2016 Fireworks 7

Final Tally – 9 New Year Goals For 2016

With 2016 over it is time to have a look back at the new year goals I set at the start of the year. I was well on the way at the half way point, so lets see how many were reached at year end. Score: a slightly generous 6 out of 9 (or 67%) for my 2016 new year goals. 1) Increase Net Worth By $100k Goal: Success. The last half of the year was much better than the first fore this goal. It started with two of the largest single month gains I have in my records, and kept going after...

How Much Is Enough For Early Retirement - Sitting On Bench 8

How Much Is Enough For Early Retirement?

A little while ago Len (from Financial Farmers – go check them out) commented on my post How We Made Our First Million Accidentally. He asked about financial freedom, not having to work, and early retirement. In my reply I talked about maintaining principal, inflation and a bunch of variables. We both had similar goals (although 40 seems a little to soon for me), but had very different capital requirements ($3+ million vs $1.25 million). So I wanted to redo some of my calculations, and was also questioning some of my assumptions. Needless to say, I jumped straight to Excel and put in...

Dividend Update - Relaxing Frog 3

Dividend Update – 2016 Q3

Time for my third dividend update. Can you pick the spot where in the dividend graph below I decided that the house was paid off enough to start putting some of my money into shares rather than just paying off more of the mortgage? Or how about the point in the interest graph where the house was fully paid off and the mortgage payments were redirected to savings? Graphs are good at showing changes and progress, and that is why I love them – especially for passive income. If you are new to these updates, then my first update lists more detail...

Intentionality - Door 0

Financial Intentionality – What Is Your Reason

It is not hard to guess what I am talking about when I say intentionality. Obviously I am talking about doing things with a direction, a purpose, a reason, an intent. Recently I listened to a podcast (I wish I could remember which one) that talked about the importance of being intentional in your financial choices and decisions. So I wanted to talk a little bit about my, slightly alternate view on that. I also list my (current) intentions around my finances. Having Intentionality You don’t have to know what you want to have intentionality. I know that may sound backwards, but...

Money Tips - Tip Jar (#MoneyTips) 2

Money Tips 31 to 40 Explained

Money Tips 31 to 40 Explained (#MoneyTips) Time for my fourth set of 10 money tips to gain an explanation. I have posted my money tips to Twitter (using the hash tag #MoneyTips) and found that some of them were very hard to keep within that magic but annoying 140 character limit. So far I have managed it, however sometimes a little of the meaning seems to get lost, and occasionally I wanted to add a little more explanation. This is where I do it. I hope you enjoy the next 10 tips below – and remember to tweet @RememberToWater with hashtag #MoneyTips...

Record Return - Ledger 0

Record Return – What is your best financial return?

Some Of The Finance Topics I Think About If you just want numbers, jump down to the end of this post for the record return numbers. Otherwise let me jump back and have a look at the many bits and pieces that make up a persons financial picture. I am sure I don’t have them all listed, and am surprised people don’t think about their finances every single day given how broad the topics are. On any given day I can find myself thinking about any or all of the following: House prices Official interest rate Investment loan rates Bank interest...