Thursday, 26 January 2017

Where's my million?

I think we'd all be pretty thrilled to have a million dollars. The current minimum wage is $672.70p/week before tax, according to http://www.mywage.org/australia/main/salary/minimum-wage. On a minimum wage it would take you 30 years to earn that million. If you could somehow invest 100% of your income, compounded at 7% it would take 16 years to turn $672 a week into a million. So just on paper, we're all 16 years away from being millionaire. Woohoo.

Saturday, 14 January 2017

I made a calculator

Inspired by Aussie Firebug's early retirement spreadsheet, and my own frustrations with excel, I made a calculator with Javascript.

Thursday, 12 January 2017

Bikes, Burglary and Budget Blowouts

Before I start I need to address my improper use of 'burglary' which is defined as "illegal entry of a building with intent to commit a crime, especially theft". My bike was stolen from the street, so it's not technically burglary. But alliteration makes for a good title, so let's roll with it. Or not, as my wheel deprived situation would have it.

Saturday, 7 January 2017

Goals Update: December

So my last two updates were pretty messy, so I think I'll switch to monthly. I've been tracking my expenses monthly for a couple of years now so this will be a lot tidier and more comfortable than trying to break it up into weird fortnightly chunks.

So, goals. Even though I started this to keep me accountable (at least to myself) on my 6-month money goal, I want to keep an update of the New Years goals as well.

Tuesday, 3 January 2017

Some SMART new years goals

I never make New Years resolutions. It strikes me as quite foolish to say that since the number in the date changed, you have to change too. But my partner went white-water rafting over the break, and I stayed home because I had no annual leave. I also didn't want to die, but that's besides the point. Not that the rafting was going to be terribly dangerous, but the guy leading the trip has a track record for near-death experiences for him and his friends. Think abseiling and getting knocked unconscious, misreading a river and getting sucked through an underwater channel. That kind of near death.