Fresh Starts

“Oops. I did it again.” – Britney Spears

I didn’t keep up with my blog… and I’m not sorry. How rude.

On June 4, I posted that my life was going in a new direction. And this could not have been anymore accurate. I began to say that I was going to be on the ultimate minimalist and frugal challenge. I was unemployed and decided to move with only what I could fit in my car.

So where am I today?

Continue reading →

The Benefits of ‘Owning’ Your Money

Happy Saturday!

As discussed in A Financial Reset | EOFY, I’m working over the next few months to put my own personal financials together, as well as assist the lucky winners from the Facebook Giveaway with putting financials together for them, in preparation for the new financial year.

So why do I spend time putting these together for myself? These are the benefits to both myself and others:

Continue reading →

A Financial Reset + Giveaway

Afternoon All,

In Australia – our financial year runs July to June and I LOVE it! This gives me a chance to have a financial reset. It’s an opportunity to reassess my situation and have a ‘fresh’ start for the new financial year.

This year I have decided, I want to treat my personal finances like a business. I found myself wondering if we were to be more aware of our own relationship with money, and choose to ‘own’ it, would we be more successful with our finances?

Continue reading →

Automate Your Finances

Hello All,

It’s Hump Day – hooray! I hope this week has been a productive and accomplished one for you so far.

In this post, I want to discuss the expenses I automate to help regulate cashflow, this was briefly mentioned in my Minimalist Budget post. When it comes to Personal Finances, unfortunately there is no ‘one size fits all’, so this is based on a single income, home owner, living in Australia with no children (I do have furbabies.. if that counts). I would love to hear about the expenses you can automate in your circumstances or country.

This list, I hope, will provide you a chance to think about which expenses you could automate to improve your cashflow. When discussing finances with friends, I’ve found very few concentrate on cashflow – they simply pay the bills as they come (I would be a stressed mess, so kudos to you all!). I’ve also included the expenses that are Direct Debit, to help show how this improves cashflow.

Continue reading →

Financial Goals

Happy Sunday!

A huge interest of mine, more so since studying, is personal finance. I’ve always gravitated to numbers, tracking, statistics it seems. I’ve watched YouTube videos, read books, listened to podcasts and followed many blogs and Instagram pages on personal finance. I have familiarised myself with both Dave Ramsey and Barefoot Investor methods. Unfortunately, I found neither of these particularly resonated with my way of living (or wanting to live). I think this is because I wanted something sustainable or practical to follow. Much like health and fitness or weight loss goals, I wasn’t looking for the quick fix, or a quick way to lose my debt. I wasn’t even looking for a one size fits all solution.

Continue reading →

Tracking Spending Results // Week Edition

Afternoon All,

I have decided to post this a day early. My reason being, I can’t spend tomorrow if I’ve already posted this! As promised, this post shows the results of the Tracking Spending Challenge that I posted on Instagram and Facebook. I didn’t change my spending habits whatsoever for this challenge. I’m not too sure if I picked a good week or an awful week to track spending. This was an out of the norm week that ended up being quite expensive. My cat was due for his annual injections and I hosted family night (which was 2/3 of my grocery expenses).

Nevertheless, here are the results.

Continue reading →

Minimalist Budget

Afternoon All,

When it comes to money, everyone has their particular ways to stay on track, even if simply that means just to survive. If it works for you, that’s fantastic. I can only speak on how I manage my own finances. I would say I hold a pretty Minimalist Approach overall. Why do I say this? In the simplest explanation, I minimise spending and maximise cash flow.

I will be very honest, I don’t follow the Dave Ramsey Process, or even the Barefoot Investor process. In order for myself to stick to something, it needs to be relevant and show that it works in a relatively short time period. I can’t claim ‘I paid $XX,XXX in 6 months’. I am still very content with the progress made. I haven’t had to make extreme sacrifices. However, I have learnt the benefit of becoming aware.

Continue reading →