I am “the wife” and my husband “let” me drive an old 1990 Tot Camry because TO ME that’s all I need and I am happy with it. I don’t care about car but I do want to look nice so I spend my $$$ on some nice clothes . My husband also “let” me give my brother 20K earlier this year to help him through financial difficulty, as i have more satisfaction helping my brother, than driving a nice car. And next month we are going on a 6 weeks overseas trip , we won’t need our cars then .

But if others enjoy the comfort/luxury and the safety feeling of driving a nice/new car with 10 air bags, and willing to pay for it, I respect their choice. I agree life is too short but we don’t have to enjoy it the same way.
Someone posted that we list our networth against our car. So here it is:
Car: 1990 Tot Camry
Net worth: +3M, income is +150 K and we have a very nice house

Regards,

Rachel, see this thread re Mel Inv Group
https://www.propertyinvesting.com/forum/topic/15530.html

This is how I understand it (I am fr Qld) :
When you, the buyer, makes a written offer , the contract is not “legally” legal unless money has been exchanged hence paying a small amount , even $1 will do , just to make your offer legal . It is easier to pay by a personal cheque rather than cash because in case the offer did not come through , agent can just send your cheque back to you. This $50 is not the deposit. Usually within one business day once the vendor signs his/her acceptance of the offer, you then have to pay the deposit and this deposit amount (around 5% or 10% of contract price) has already been negotiated at the time you were making/signing your offer .

Regards,

https://www.propertyinvesting.com/forum/topic/5291.html

is an old post re. Ed Burton seminar in 2003, have you guys seen it ?