Monthly Archive: January 2016

Waste Your Money Roulette Wheel 7

The 3 Best Ways To Waste Your Money

I was out with my partner having a coffee a few days ago, and we decided to get an overpriced vanilla slice and a brownie. This is something I normally don’t do, or at least don’t do without a reason to celebrate. The idea of paying more for something I could make at home just doesn’t sit right with me. It’s a waste. At home, the total would come to about $5 (possibly less), but at the cafe it was $22.50. That’s a steep markup. I made the remark “at least it is a tasty way to waste your money”. One thing led...

Net Worth Update - Money Tree 8

Net Worth Update – December 2015

I know this December net worth update is a little late, but given it is my first one since finding out I was an accidental millionaire, I hope I can be forgiven. My intent is to post updates at least every 6 months. The Australian tax year is from 1st July to the 30th June, so updates at the end of June and the end of December seem to fit perfectly. If anything notable changes I may post updates more often, but those two I intend to be a minimum. I also hope to start monitoring my passive income with regular...

New Year 2016 Fireworks 2

9 New Year Goals For 2016

I have never been one to set new year goals. Never one to set goals in general actually. My goals have always been things like “do better” or “save more”, however this year I thought some more specific goals may be in order. The realisation that we were accidental millionaires last year, along with paying off the house, have made me want to focus more on achievements. So these are my 9 new year financial goals for 2016. Increase Net Worth By $100k Initially I put $75k here, thinking that $100k was a bit too optimistic. However after I actually took the...