Welcome to the latest Strong Money Q&A session! Think of this like you and I sitting down having a cuppa together and I share my thoughts on a bunch of different questions. These posts are simply to provide more detail on certain topics where a whole article may not be
Continue readingPodcast: Why Invest in Index Funds?
Listen to the episode: (or download the mp3 file) This week we’re exploring the topic of index funds. They get recommended a lot in the FI community as one of the best ways to invest for financial independence. But why? What’s so special about index funds? Why do index funds
Continue readingBest Paying Jobs in Australia Without A Degree
I’ve long asserted that you can earn a good income in Australia without a degree. As most of you know, I didn’t finish school, let alone go to university. Despite this, I earned a healthy income ($75,000 on average) as a storeman/forklift operator. And this was enough that I could
Continue readingPodcast: Fees, Fees Everywhere!
Listen to the show: (or download the mp3 file here) In this episode, we discuss how critical why you should pay close attention to the fees you’re paying in your financial life. Mastering this area will save you tens of thousands of dollars and boost your progress to financial independence.
Continue readingHow to Travel and Enjoy Time Off Without Killing Your Savings
Travelling is something most of us enjoy. But given the current travel restrictions, most of us won’t be able to go far from home for a while. This is frustrating for many people. And depending on where you are in Australia, you may not even be able to take small
Continue readingPodcast: Misconceptions About the FIRE Movement
Listen to the show: (or download the mp3 file) In this episode, we chat about the misconceptions we see people making about the FIRE movement. Both newbies starting out and outsiders unfamiliar with the concept seem to miss some important key points. We’ll clear those up today, so we can
Continue readingPearler: Easy, Automated & Low Cost Share Investing (An Interview with Pearler’s Co-Founder)
Pearler is a low cost online broker that I’ve been using for most of this year. It has been purpose-built for the FI community and they have some pretty cool features, which we’ll get to in a minute. You might have heard of Pearler before. Or maybe you haven’t. Either
Continue readingPodcast: Recessions, Fear and Market Timing
Listen to the show: (or download the mp3 file here) In this episode we jump into the always-fascinating topic of recessions and market downturns. How should we deal with these disruptions on our FIRE journey? What should we do with our investments? (note: some details regarding the coronavirus have
Continue readingHow We Manage Our Money Each Month, Explained!
Each time I publish a portfolio update, there is often a small amount of confusion in the comments. You might have noticed this too. The question goes: “How are you able to be ‘retired’ if your passive income from investments is less than your spending?” “Doesn’t this mean you’re forced
Continue readingThe Lost Art of Moderation
There is one major hurdle to get past in the quest for financial independence… The idea that you have to miss out on the good life in order to spend less and save more. This is simply not true. You don’t have to become a monk and abstain from all
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