Financial independence is a long-term commitment that takes time to achieve. When I first started my own financial journey, it felt like a long way off and it is easy to get discouraged in those early stages. But there are a few things that you can get ticked off early on. If you have resolved… Continue reading 10 things you can do in the first year of working towards financial independence
The biggest thing that has helped me with my personal finance goals is making a budget. There are lots of different types, I've found a 'zero dollar format' works best for me. You assign each dollar to a different spend category, or to savings, at the beginning of each payday. This helps pay yourself first,… Continue reading Download my zero dollar annual budget template!
Last month, I made my first ever cryptocurrency purchase. You might think I'm late to the party, and possibly a bit reckless, but I haven't just bought crypto, I've 'staked' it. Here I'm sharing a couple of things that I've learnt with this first purchase. Why now? Up until recently, cryptocurrency has been a commodity… Continue reading My first foray into cryptocurrency
At the start of each year, I pick on particular focus area to make improvements on and optimise. It's like an new year's resolution, except I get the whole year to make progress. 2020 was my year to focus on my personal finances, and although it's not my primary focus now, it doesn't mean that… Continue reading 2021 Q3 – Financial independence update
July 1st marks the start of a new financial year in Australia, and just like the start of the calendar year it's a great time to refresh and maybe set some resolutions. I was inspired by the New Financial Year post by The Twenty Percent - using the UK's April end of financial year as… Continue reading Happy New Financial Year!
Use a zero dollar budget to keep an eye on those dollars right across the whole year Every work area, not matter how small, has a budget. It's critical to understand how much of your resources you have left in order to make any kind of financial decisions. It also provides a guide to where… Continue reading The ultimate budget! Zero dollar budgeting for the entire year
Sprints can put the rockets on reaching those short term goals Sprints are often used in organisations to accomplish a more ambitious goal that would not be able to be achieved under business as usual operations. They might seek to speed up a schedule or increase on deliverables. It might be a response to an… Continue reading Using sprints to fast-track money saving goals
“Don’t tell me what you value. Show me your budget, and I’ll tell you what you value.” It’s a quote from Joe Biden, commenting on how he viewed John McCain’s political stances based on his actions as a senator voting on budget issues. The budget issues in question run into the billions of dollars, but… Continue reading How to set and achieve money saving goals
Amid the excitement of starting a fresh year and setting new focuses and goals, it's easy to forget to take a pause and look back the previous year. Any good project plan includes a post-implementation review and the same should be done for our personal projects. The best time to conduct a project review is… Continue reading 2020 in review – a focus on personal finance