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Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 17, 2003 - 7:34 am
Nice one PInky…
But does it take you less than 40 minutes to get across town at almost anytime. Peak hour can be a bit difficult sometimes, but it shouldn’t take any more than 40-50 minutes to get to the far reaches of PErth!!
We have great road systems that are easy to figure out (Unilike the brisbane roads…Bloody banana benders…I can say that coz my mum is one!!) and There is almost always just one road you need to follow to get to the beach!
Woohoo! Personally, I am dying to get to see Melbourne and check it out as a friend lived there for awhile, but I could only ever live in WA coz it is so laid back. It isn’t stressful.
THey my opinions anyway….[]
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 14, 2003 - 9:23 am
hmmm, Gulidford road itself.. Um. Riverside or Bayswater side?
Go visit it as night on a weekend to see what sort of people are around. It will give you a better idea of what your tenants would encounter.
We did that at the place weare renting and I am glad we did. It proved to be a lovely quiet area with great neighbours. Haven’t met any of them but I never hear them!!
Maybe that would be an idea too. knock on the neighbours door and have a chat to them about the block of flats. It owuld give you a better idea.
That’s what I would do anyway Kelly.
Oops, I just realised I am under my hubbys ID.
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 11, 2003 - 5:13 pm
G’day Spidey!
Personally i would advise against investing with family and friends. It’s not worth the risk, everything might be all peachy creamy now, but there are a million and one things that could go wrong and ruin your relationship. At the end of the day these people are the most important people in your life. Properties will come and go, families are for life. Watch a few episodes of Judge Judy, then make up your mind.
This might sound a bit pessimistic but I like to learn from other peoples mistakes as well as my own. Saves me time, money and stress.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 8, 2003 - 7:56 am
Heya Brett,
ohhh, baby names… um, good ol’ Jake is a good name, Joel, I think I have a J fetish… Al the boys names I like start with J!!
I think my favourite of all has to be Christopher though. Traditional but my fave. Shame my hubby doesn’t like it…[]
Teylu, me in same boat as you, enjoying the theory of making them, but nothing yet… Kinda thankful for that, gonna wait another couple of years I think…
STeph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 8, 2003 - 6:32 am
Dallas, you need to sit down with your wife and discuss what your future goals are going to be.
For example, my hubby and I have decided that our short term, one year goal is to have purchased 3 properties by the end of next year.
Our long term goal is to be able to choose to work or not.
As soon as you have made your financial plan then peoples ideas and suggestions can be incorporated into that. You need a starting block though.
Cheers
steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 8, 2003 - 6:26 am
Can anyone who is taking part in the mentoring thingy with steve make themselves known!
Wilandel, we know you two are part of it, but who else???
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 8, 2003 - 6:05 am
It really does inspire me to think that there are so many people here that think alike and want more out of like than the job (Just Over Broke) they work in.
I am so pleased that so many younger people are seeing the benefits of putting effort into their relationship with their children rather than just throwing money at them. It only takes a few for others to take it on. I am stoked that the next generation is in most peoples minds as well as their own as effectively, if we don’t consider then next generation, they will just put us all into nursing homes!!! AAAARRRRRGGGGGGHHHHH!!!
ANyway, I am loving reading anything anyone has to say so keep it coming.
Cheers
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 11:40 pm
Simon,
sounds like you had some wonderful experiences of working overseas. I wish mine here in London had been better. But…high tax, high cost of living…need I go on? We are still here coz we are still earning at least $1200 a week savings…We were going to pull the plug a couple of months ago but decided to stick it out until xmas.
I would still recommend young people to go to UK for a year to experience it but… young married couples will be very easily disillusioned. Very nasty the Brits are to happily married young couples. [!]
That’s enough of me raving! I get annoyed everytime I think of how long I have been here!
Going to bed.
Good night.(It’s 12-40am here!)
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 11:19 pm
HEy phillepe,
when you heading home?
We heading home Xmas day. Sick of London and all the crap that comes with it I am afraid…
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 11:04 pm
Awww, powderfingers…. Hmmm, you’ve asked a nasty question. Um, kids can be as good as Aus kids but also way worse. The class I had was brilliant with excellent parent involvement but there is so many single parents in this country that there is also the opposite effect where there is absolutely no support at all!
There is a big problem with the education system here and everyone is trying to blame everyone else for the problems. Your wife will find it quite boring to teach here as the curriculum is really prescriptive and dull. You get told what to teach, how to teach and when to teach. You don’t get to personalise it at all.
Personally, if I had a choice again, I would probably choose to move to Canada instead… Big cultural differences here too. We all speak the same language but it is a culture shock.
So life in London is not all great. Well for us anyway, we are trying to make the most of our time here.
Cheers
for your answer.
steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 9:56 pm
Awww, no one wants to write anything…[][!]!
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 9:03 pm
Heya Aussierogue,
have you thought of the name rogue? think along the lines of the X-men… SHe was a really pretty wench!
Me, I like Samantha, Mia is really pretty, my friend named her daughter Grace, what about… hee hee, being a little superficial here…Stephanie… it’s my name[]
Jane is another good one, simple, graceful and not many girls around called that either.
Catchya
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 7:09 pm
10k aus dollars, thats why were in the UK at the moment. Saving pounds and multiplying it by 2.4 into aus$[].
With our budget in full swing we consistently save £500 or $1200 per week.
what r u doping awake at this time of day?
Not bed time here yet.
[8D]
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 6:54 pm
Hi Japan
(the other Cremin here), sounds like you already have a rental under your belt, so heres a tip if you’re a landlord. Always charge rent fortnightly, alternitively if you are paying off your mortgage always pay the bank fortnightly. You may already know this, but anyway heres the figures.
1yr = 12 mths
annual rent = rent x 12
or
1yr = 52 weeks (divide by 2) = 26 fortnights
26 ftn (divide by 2) = 13 mths
WOO HOO! an extra 1 months rent coming in every year.
When paying off a typical P+I loan this will take years off the loan term not to mention the interest.
[][][]
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 6:22 pm
excellent mate. That’s a good start. My hubby figured out that he was buying three cups of tea a day at 70p a cup and he was horrified that he was spending £15 a week just on tea!!! So we went out and bought a thermos and put that money away for savings.
Ho hum, getting there we are. not too far off our goal now. Just anoth $10K to go… []
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 6:14 pm
Non-essential items… wow, hard thing to answer.
Well for example, food, we went back to basics and bought mainly fresh fruit and veges and hardly any pre-packaged stuff. You end up eating much better and you will feel heaps better too.
THe pocket money is for those things you must have. Eg, a new cd, dvd things like that. Also we use our pocket money for going out. Moeny for the pub stuff like that. It doesn’t leave you much, but you end up enjoying more outdoor activities such as picnics etc.
Like I said before, write a list of everything you buy in a week and then work out what you can live without. Yes it is difficult making sacrifices but we have just seen our savings go past the $10k mark and it is a great feel!!!
Buy Anita Bell’s book, how to own your house in 5 years by someone who did it in 3.5. She explains beautifully how to budget. We based our budget on her ideas and then adjusted it accordingly.
YOU CAN DO IT APOLLIANA!!! You can! you can! you can!!!
STeph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 5:50 pm

We save money by giving ourselves a strict budget each week and sticking to it!! We only get $40 each a week pocket money. Doesn’t get you much but we saved and are saving heaps of money…
Um, other ways is to get payment cards from the electricity, gas and phone companies so you can pay your bills in advance. By working out how much you use per week you can then paying specifically that amount each week and you’ll find once the bill comes, it is usually nothing or very little. Layby items that cost a great deal and pay a little off each week.
We found that helped heaps. Um, not going out as much helps also. Buying in bulk, cutting out luxuries you don’t need, ie. QUIT SMOKING, CUT DOWN ON DRINKING! Saves you heaps of money…
There are lots of things, but working out how much you spend each week and on what is a good start then you can figure out what is necessary and what can be cut. Treat yourself once a month to something you really want (as long as it isn’t too much!) to keep yourself sane.
That is the sort of thing that has helped and is still helping us to save money now.
Cheers
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 7, 2003 - 5:28 pm
Japanscott,
I would say all landlords work on rent in advance. Every place we have rented has been rent in advance. I certainly wouldn’t want rent in arrears if I was a land lord as you may never get the final payment when the tenants leave!
WE have never been offered discount… I wish I was… oh well. Have you not rented a house off someone before?
Steph.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 4, 2003 - 9:06 pm
Yeah good on ya Pete!
Kick him while he’s down, i’m sure thats just what the poor guy needed to hear.
Work smarter, not harder!.
Cremin
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@cremin
Join Date: 2003
Post Count: 105
September 4, 2003 - 7:31 pm
G,day all, i learnt from the ATO site that CGT is not a totally seperate tax. Basically you add your capital gain to your salary and whatever tax bracket that puts you into is what tax you are liable for.
Everyone probably already knows that but it was news to me.
Another tip for retirement day was if you are over 50 and have held an (active)asset for 15 or more years, when you sell it is TAX FREE![].
Work smarter, not harder!.