I totally agree with Celivia’s earlier post & the others that follow.

I’m from a society where we live at home until we’re ready to start our own family, or unless we study or work too far away. As soon as we start earning money, part of it goes to help out with family expenses. This figure varies depending on income as well as family fina…[Read more]

I totally agree with Celivia’s earlier post & the others that follow.

I’m from a society where we live at home until we’re ready to start our own family, or unless we study or work too far away. As soon as we start earning money, part of it goes to help out with family expenses. This figure varies depending on income as well as family fina…[Read more]

Hi Elbows

I’m with you there. When my mum had a severe stroke, we knew that she’d be really upset if she were revived and ended up in a body that had completely broken down. Even then, it was heartbreaking to decide on a Do Not Resuscitate order.

It is possible to prepare a medical power of attorney to specify conditions for a DNR order, or…[Read more]

Hi Pasandbec

I used to get my babysitters from an agency. One was a secretary who enjoyed ‘sitting’ most nights – good money at min $50 per night 15 years ago.

Agencies take their ‘cut’ but they do put in a lot of hours to cultivate their clientele & can provide regular on-going work. I understand that sitters registered with agencies now need…[Read more]

Hi

AXJ: Property trusts are great. However, I prefer investing in specific companies. Like the one which has a really nice double-digit yield, fully franked, or the other one that moved up 25% since July. Thing is I’ve been advised to transfer some paper assets into bricks & mortar – a whole new ball game.

Roy: I agree with you. I need to l…[Read more]

Have barely recovered from ‘Women Talk’ when I read this. Thankfully the kids are in bed, or they’ll think that mum’s finally cracked up.

Starglow

Sounds like you’ve met my sister. Would love to send it to her, only I’d end up in the sin bin – again! Thanks for the chuckle.

Starglow

The light came on for me a few years ago when I stumbled into a seminar called “Making your money work harder than you”. It made me aware of a huge gap in my education. I lapped up just about every book in the library on financial freedom & wealth creation. Good debts & money-eating assets? Wow!

It all came in very useful when I became…[Read more]

This was forwarded by a friend who had enough of
“the rules” from the female side.

The Guys’ Rules
Please note… these are all numbered “1” ON PURPOSE!

1. Men ARE NOT mind readers.

1. Learn to work the toilet seat. You’re a big girl. If it’s up, put it down. We need it up, you need it down You don’t hear us complaining about you leaving…[Read more]

Lawrence
Love your saying about the rich man & the wise one. How true!

Starglow

I joined an Amway network several years ago because I liked the products. I soon became totally captivated by the motivational programs. That was where I picked up the habit of listening to motivational tapes, reading books on personal development & ‘building equity’ in myself.

I never did build a network but it was still a life-cha…[Read more]

Hi Lumwood & all

I’ve had to do a time budget recently. It’s a great exercise in prioritising & ensuring balance. Basically, you can create your own with either Excel, or Word using a table format. You’ll need 2 columns with headings on the left & hours on the right. Allocate the 168 hours a week in order of importance, then schedule time…[Read more]

I’m renting a gorgeous property & love people who believe in –ve gearing. The owner paid over $550k & is subsidizing my rent with his pay packet as it is only $350 p/w AND I get a tax deduction on that as I have a home office.

If I had owned the property, my mortgage payment would’ve been more than the rent and would not have been tax…[Read more]

Thanks heaps for your suggestions. Wrap is definitely an option & yes, I’d love to use as little of my money as possible. Thanks also, Jonas. I’m a Kiyosaki fan & it’s my RichDad coach who’s concerned that I have no RE in my portfolio. She’s sent me loads of resources but things are somewhat different in the US. That’s why I’m tryin…[Read more]

Great advice – many thanks. It’s leverage that’s perplexing. Each time I look at this creature, it’s added bits to itself. When you tinker with one part of it, all the figures collapse & need to be reconstructed. To keep it simple, we’ll collect the first of the four green houses to change for a red hotel.
Property: 2 bedro…[Read more]