Remember To Water

Category: General

Coins In Child Hands 9

General / Tips

7 Tips For Good Financial Parenting

As a child I was very fortunate. I had two parents who both wanted me to have at least some financial knowledge and understanding. They helped me in a number of ways, many of which I did not realise until I saw how other people treated money. Below are my seven tips for good financial parenting that I hope will help give the next generation a leg up. Financial Parenting – Why Talk About Money? Money and managing finance is something that everyone has to do. It is one of the few fundamental areas that has the potential to completely change...

Australian Decimal Currency - Dollar Bill 1

General

Australian Decimal Currency 50th Anniversary – Happy Valentines Day

Happy Valentines Day! I thought I would do a valentines day post about something that is having its 50th anniversary on the 14th of February 2016. That’s right, on valentines day just fifty short years ago Australia made the switch to decimal currency. For everyone who helped make, or was part of the change I offer up a very big THANK YOU! I may not have been alive back then, but being a coin collector in a previous life, I have always been aware of the change. My father used to sing the song to me every time the topic...

Fancy Car 11

Cars / General / Inflation & Interest

Fancy Car Or Expensive Holiday

After my last post on ways to waste your money, one of my friends came to me and asked about why I had not included fancy cars on the list. You could argue that a ride in a fancy car could come under activities, or that learning covers off car mechanics, but neither are really a justification for owning a fancy (read: expensive) car. There is a reason for that, I am not a fan of fancy cars. Or more specifically, I am not a fan of the cost implications of fancy cars. What’s Wrong With A Fancy Car? There...

Net Worth Update - Money Tree 8

General / Net Worth / Updates

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

General / Goals

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...

Million Dollar Cheque 11

General

How We Made Our First Million Accidentally

Ok, I admit it, the title “How We Made Our First Million Accidentally” is designed to sound as impressive as it can. I enjoy looking at things from both the best and worst perspective possible. In this case, that just happens to tip the scales over into that 7-digit territory. But I am really just an ordinary person with a normal job. If you are reading this and thinking “pfft, been there, done that” then I hope there may still be some tips you can pickup (or feel free to provide your own advice in the comments). If you are...