In this episode… Today we share how to nail down the big categories of spending – housing, cars, food and holidays. Because getting these right really ramps up your savings rate and your ability to build wealth faster! These are ideas we’ve implemented in our own lives so we wanted
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How to Get Through the ‘Boring’ Middle Part of the FI Journey
When we begin our big adventure towards financial independence, it’s extremely exciting. We can see the dollars building up. We can see our future options expanding. The later stage of the journey is also filled with anticipation and excitement, as we count down the days to freedom. But what about
Continue readingPodcast: FIRE Philosophy – Lessons from the World’s Greatest Cult
In our first episode of 2021, we discuss the mindset and thought process inside the FIRE movement. Let’s be honest, the FIRE movement has turned into somewhat of a cult! But it’s a positive, empowering and help-each-other-prosper kind of cult. Our philosophy, values, and beliefs are often very different from
Continue readingOur 2020 Household Spending Revealed
Let’s kick off 2021 by taking a look at how much the Strong Money household spent last year. We’ll take a look at what categories went up, what went down, and how it all compares to last year. If you’d like to check out previous spending reviews, you can do
Continue readingLooking Back on 2020: Our Year in Review
It’s true what they say. Each year goes by faster than the last. Unfortunately, I can confirm this is still the case when you’re no longer in full-time employment! While 2020 was no exception here, it threw us a few more curveballs than your average year. In this update, I’ll
Continue readingPodcast: How Much Do You Need to Retire Early?
In this episode, we break down exactly how much you need to retire early. What is ‘enough’? We explore the famous 4% rule, where it came from, and whether it’s still a reliable rule of thumb. We also explain how to live off your assets in practice, other considerations like
Continue readingDo House Prices Affect Your Ability To Become Financially Independent?
Today, let’s talk about everyone’s favourite topic: house prices. House prices are sometimes pointed to as a reason why Financial Independence in Australia is excruciatingly hard, if not impossible to achieve. But I have great news: This is false! And in this article, I’ll explain why. So far, we’ve slayed
Continue readingPodcast: The Best Things We’ve Spent Money On
Listen to the show: (or download the mp3 file here) In this episode, we share the areas of our lives where we’ve spent MORE money than we otherwise could have. These things are some of our favourite purchases (past and current) that have really brought value to our lives. Remember,
Continue readingHow Being Green Makes You A Wealth Building Machine
According to my website statistics, approximately 100% of this blog’s readers live on a tiny blue speck we like to call Earth. This means, until Elon Musk has helped us set up shop on other planets, we’re not very diversified! So it’s kind of important how things turn out for
Continue readingPodcast: Time and Money Are Interchangeable
Listen to the show: (or download the mp3 file here) In today’s episode, we’re talking about the relationship between time and money. Understanding the many ways in which these two things are related is key for building a strong financial future and a satisfying life. Framing our time and
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