Poll

Which day are you available (vote for all appropriate)?

19 March
2 (20%)
26 March
3 (30%)
2 April
3 (30%)
9 April
2 (20%)

Total Members Voted: 4

Author Topic: Canberra  (Read 35412 times)

bigchrisb

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Re: Canberra
« Reply #50 on: July 22, 2014, 11:53:00 PM »
If you can make some of it sound like maintenance instead, those bits can then be tax deductible.

Sounds like I need to mark up the offending single glazed windows with some masking tape and encourage the tenants to play indoor cricket...

MsRichLife

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Re: Canberra
« Reply #51 on: July 27, 2014, 11:29:38 PM »
Hi All, I'm new here, and would be interested in coming along t your next meetup. Any of those dates work for me at this stage.

deborah

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Re: Canberra
« Reply #52 on: July 27, 2014, 11:38:06 PM »
Hi All, I'm new here, and would be interested in coming along t your next meetup. Any of those dates work for me at this stage.
GREAT!!!

deborah

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Re: Canberra
« Reply #53 on: August 05, 2014, 03:30:40 AM »
OK, voting seems to have stopped, so it looks like it will be 20th September. Does everyone want to go to a library, or somewhere else? We could always go to the Dickson noodle house.

bigchrisb

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Re: Canberra
« Reply #54 on: August 14, 2014, 12:43:41 AM »
While I love the noodle house laksa, its a pretty noisy environment and perhaps not the best for a forum like this? 

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« Reply #55 on: August 14, 2014, 04:46:11 AM »
good point chris, I agree.

Evangeline

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Re: Canberra
« Reply #56 on: August 16, 2014, 04:44:25 AM »
I'm now most likely able to make 20 September, so count me in for now!
How about a nice quiet coffee bar?

bigchrisb

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Re: Canberra
« Reply #57 on: August 21, 2014, 06:10:03 PM »
Fine by me - any suggestions on a suitable venue?

Evangeline

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Re: Canberra
« Reply #58 on: August 23, 2014, 08:03:39 AM »
I quite like Paleo Perfection Espresso Bar (Kingston foreshore), but I'm not fussed. 

bigchrisb

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Re: Canberra
« Reply #59 on: August 27, 2014, 06:28:16 PM »
In the absence of any further nominations, lets go to Evangaline's suggestion.  Does 11 work for everyone?

Ozstache

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Re: Canberra
« Reply #60 on: August 28, 2014, 03:46:20 AM »
That suits me.

MsRichLife

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Re: Canberra
« Reply #61 on: August 28, 2014, 04:33:28 PM »
Should be fine.

Evangeline

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Re: Canberra
« Reply #62 on: August 30, 2014, 01:40:05 AM »
Sounds good!

deborah

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Re: Canberra
« Reply #63 on: August 30, 2014, 02:06:20 AM »
So Evangeline will you book for 6 for 11am on 20th September? Sounds like it is really coming together!!!!

Evangeline

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Re: Canberra
« Reply #64 on: August 30, 2014, 02:33:25 AM »
Usually it's not necessary to book but it's a good idea to do it just in case. I'm heading down there tomorrow, will do it then!

happy

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Re: Canberra
« Reply #65 on: August 30, 2014, 10:16:59 PM »
I'm hoping to come: clear in the diary ATM.
Found the place on googlemaps: there seems to be a big car park behind the glassworks, is that the best place to park?
Bit of a nonmustachian trip with a 21/2-3hour drive each way, but hey its good to do something crazy every now and then.
Journalling at Happy Aussie Downshifter

This_Is_My_Username

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« Reply #66 on: August 31, 2014, 03:08:44 AM »
happy, it will be great to see you !

Ozstache

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Re: Canberra
« Reply #67 on: August 31, 2014, 03:44:31 AM »
Awesome. Happy you can make it happy!

Evangeline

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Re: Canberra
« Reply #68 on: August 31, 2014, 03:58:12 AM »
The big car park is probably the best place to park - but there's street parking right outside the cafe too.
It's probably just as unmustachian to buy coffee :P
The weather will actually be pretty good in late sept. Another option is having a picnic at Floriade (everyone bring a plate to share?) with the wet weather option being a cafe.

Kellie@Aus

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Re: Canberra
« Reply #69 on: August 31, 2014, 06:12:37 AM »
Hi everyone,

This is my first post on MMM, how nerve racking!

I have just found out I am moving to Canberra in January (military). I am definitely keen to participate in these Mustachian meet ups!

For now, I will continue lurking here and once I've arrived, will chime in and suggest another meet up!

Hope the one in a couple of weeks goes well!

DrowsyBee

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Re: Canberra
« Reply #70 on: September 03, 2014, 08:10:38 PM »
Hi everyone, I'm a newbie to the forum and am just starting out. I'll definitely try to attend the next meet up. I'm happy with both suggested venues (Kingston and floriade).

deborah

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Re: Canberra
« Reply #71 on: September 04, 2014, 02:03:30 AM »
I am not a fan of us meeting at Floriade. Having tried to meet people there in previous years, I would dread it - particularly with the weekend crowds.

I really like the idea of the Cafe.

Evangeline

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Re: Canberra
« Reply #72 on: September 05, 2014, 07:09:15 AM »
Okay, let's stick with Paleo Perfection then :)
Welcome, Kellie@Aus and DrowsyBee!

Evangeline

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Re: Canberra
« Reply #73 on: September 14, 2014, 07:37:31 AM »
Welcome Astatine! It's not too late. As it happens, Paleo Perfection does not take bookings. I've been there a couple of times for big group gatherings and there's never been a problem, so I'm pretty confident we'll be able to get a spot (probably outside). Hopefully you'll find our company worth the loss of anonymity :)

DrowsyBee

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Re: Canberra
« Reply #74 on: September 15, 2014, 05:09:48 PM »
I'm assuming it'll be easy to spot you all then? The only big group in there?

deborah

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Re: Canberra
« Reply #75 on: September 15, 2014, 06:15:03 PM »
I have never been there, and I assume it is like most coffee shops where there are initially no tables set up for 6 or 8 or however many we are now. Evangeline said that there were inside and outside tables. The met says the forecast is sunny -2 - 17 with light winds, so it should be warm and not raining (although they predict rain for sunday).

How about the first person there reorganises the furniture outside so there is a table for 8? Would this work? Or would you like everyone to bring something to make a mustache (eg. a piece of rope), that can be placed in the middle of the table, so anyone coming later can recognise it?

Evangeline

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Re: Canberra
« Reply #76 on: September 15, 2014, 07:04:12 PM »
The outside area is undercover so rain is not an issue. It can be a bit breezy but blankets are provided. It's fairly small so big groups are obvious. I'll try to get there earlier to get tables set up. I'll be the person with a dark green bike helmet on the table.

happy

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Re: Canberra
« Reply #77 on: September 16, 2014, 03:09:37 AM »
11am? Yes? Green bike helmet on table, check.
If I'm late its because I've miscalculated how long it takes to get specifically to Kingston. Or stuck going round and round  on some roundabout or other.
Journalling at Happy Aussie Downshifter

Evangeline

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Re: Canberra
« Reply #78 on: September 16, 2014, 06:25:10 AM »
Yep 11am!

DrowsyBee

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Re: Canberra
« Reply #79 on: September 20, 2014, 12:30:34 AM »
Great meeting everyone today!

Sorry I couldn't stick around longer, and I hope we can do it again sometime. I'll definitely be able to contribute more when I start to get my savings going properly, haha.

deborah

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Re: Canberra
« Reply #80 on: September 20, 2014, 12:47:03 AM »
After some people left, we had a discussion about the next meeting. Late November, maybe December, maybe January... so I have changed the poll, removed all the votes, and everyone who wants to come can vote again, for the new dates.

It was suggested that we could have the next meeting at the waterfall (there is evidently a waterfall on the river) in Queanbeyan. Of course, other suggestions are welcome, and might depend on the date chosen.
« Last Edit: September 20, 2014, 05:27:06 PM by deborah »

Evangeline

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Re: Canberra
« Reply #81 on: September 20, 2014, 03:02:58 AM »
Great meet up today, wish I could have stuck around for longer.

Thanks for the discussion on family trusts. I am now furiously researching this. I've got all these little employees sitting around doing nothing and I've got to put them to work!

happy

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Re: Canberra
« Reply #82 on: September 20, 2014, 05:29:16 AM »
I really enjoyed meeting everyone - was well worth the drive. I had a moment of panic when I realised I had to walk up to a table of strangers and say "Hi I'm happy!"with a straight face and hope it was the right table. Lucky there was only 1 potential group at the place, and Deborah rescued me from having to say my opening line.

I learnt lots from everyone…hope to make it to the next one.



Journalling at Happy Aussie Downshifter

Ozstache

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Re: Canberra
« Reply #83 on: September 20, 2014, 06:41:32 PM »
Thanks everyone for yesterday. We had a great turn out and we discussed some interesting topics.

I thought it interesting that we collectively thought that, assuming you owned your own home, around $35-40K annual spend was about right for a reasonably mustachian Canberran couple to live on. That probably sounds spendy to our American counterparts, but COL is quite high here in Australia, especially in "capital" territory where dual incomes over 150K+ are quite the norm.

I hope I didn't excite people too much with visions of a beautiful waterfall riverside venue in Queanbeyan for our next gathering. It can be quite nice, but being Queanbeyan we may be sharing it with some of the more seedy characters for which the place is famous, which I don't mind at all but is something to be aware of. There is a BBQ area with a table there, which I might have to stake a claim on an hour or so before we meet if that's what we end up doing.


DrowsyBee

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Re: Canberra
« Reply #84 on: September 21, 2014, 03:01:53 AM »
Haha, I know what you mean. When I was in the states I regularly told people it was my dream to retire one day in Hawaii. All the Americans said "but the cost of living is so high!", to which I could only reply with "I'm from Canberra, Australia...".

I thought I was quite on the right track with a budget "not including travel" of around $15,000 a year. I know that will change in the future and get more expensive, but for now it's great to get my financial foundations set before I have to worry about increases in prices.

I'm ok with a lot of different times for meetings, but probably nothing in the 6 weeks between the start of December and midway through January. Venue location sounds good, but if we're looking for public bbq's and worried we may need to reserve one, there are plenty of different locations around Canberra. Tuggeranong, arboretum, plenty of parks. I think we will be ok.

Evangeline

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Re: Canberra
« Reply #85 on: September 21, 2014, 04:45:33 AM »
Astatine - is that Halal grocer in Kippax? I couldn't remember where exactly it was. I have a pretty spendy grocery budget so it's always good to know where to get good deals.

I was relieved to hear that my budget of $40,000 (including domestic travel and fancy hobbies) wasn't too out of the ordinary. Hey what does everyone think of having a mustachian case study next time? One of us could bring our budget.

For the next meet up I'm pretty flexible at the moment, since it's so far in advance. Any outside thing would be good, the weather should be great at that time.

MsRichLife

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Re: Canberra
« Reply #86 on: September 21, 2014, 07:10:38 PM »
Lovely to meet everyone on Saturday and I'm keen on another meetup. I'm probably out of town for 4-5 weeks from mid Dec until late January sometime, but will try to come along if I'm in town.

This_Is_My_Username

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« Reply #87 on: September 22, 2014, 04:24:34 AM »
it sounded great - i'm sorry i missed it. 

I had a bucks weekend (not for me).

Keen for the next one, and I have voted in the poll.

happy

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Re: Canberra
« Reply #88 on: September 22, 2014, 06:20:30 AM »
Quote
I hope I didn't excite people too much with visions of a beautiful waterfall riverside venue in Queanbeyan for our next gathering. It can be quite nice, but being Queanbeyan we may be sharing it with some of the more seedy characters for which the place is famous, which I don't mind at all but is something to be aware of.

I have no problem with seedy, unless its the garrulous and intrusive type of seedy that might necessitate us evacuating.
Journalling at Happy Aussie Downshifter

DrowsyBee

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Re: Canberra
« Reply #89 on: September 22, 2014, 06:23:34 AM »
I was relieved to hear that my budget of $40,000 (including domestic travel and fancy hobbies) wasn't too out of the ordinary.
One thing I'd like to discuss next meeting (if anyone else has an interest?) is insurance for various things. We're probably over-insured for stuff like income protection but I'm wary of prematurely dropping any of my insurances as I'm unlikely to ever be able to re-insure anything other than private health cover, house and car. Damn pre-existing conditions.

Does anyone else's income protection come from their superannuation? Apparently I've been paying for this for years and just discovered it the other day.

happy

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Re: Canberra
« Reply #90 on: September 22, 2014, 06:35:29 AM »
No, I don't have income protection insurance.  Never have. Too expensive,  and I keep a healthy balance of sick leave/LSL.

But I did discover that I had been unknowingly paying for life insurance through my super…for over 25 years, doh! Seems like its not uncommon for super funds to dabble in insurance.  Once I figured out my kids were old enough to look after themselves, and were actually better off financially if I die prematurely (since I wouldn't have to pay for my retirement), I cancelled both my life insurance policies.
Journalling at Happy Aussie Downshifter

Ozstache

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Re: Canberra
« Reply #91 on: September 22, 2014, 04:58:27 PM »
Sunsuper, with whom I set up a new super account to roll my ETP from retiring from my job this year, tried their hardest to set me up with life/income protection insurance but I fobbed it off. Like happy, once you've reached the point of no FI return there is absolutely no point in paying out any more money on life insurance just to benefit an already-healthy future estate.

Like MMM, I keep my insurances to a minimum and risk manage those things that are normally insured that I don't. House and contents set to realistic values (not the ridiculous values the insurance company calculations would have you believe) and maxed out excesses. Vehicle insurances (2) set to market value and maxed out excesses again. I self insure for health and dental. Total insurances for me is around $1100 pa with the house being half of that.

« Last Edit: September 22, 2014, 05:00:07 PM by Ozstache »

deborah

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Re: Canberra
« Reply #92 on: September 22, 2014, 05:51:02 PM »
It really depends on your level of tolerance, and your situation. People without the ability to self-insure probably need some level of insurance, depending on their situation. With a stash, you have the ability to self-insure. It is also worth looking into what you are automatically insured for. For instance, many years ago the express bus from Melbourne to Sydney smashed into the back of my car while I was waiting at a green light for an ambulance that was already halfway across the intersection. I had whiplash for 3 years, which reduced the amount I could work to about half time. TAC would usually have paid the difference between my earnings over those 3 years and my salary (it didn't because of my personal circumstances). Income protection probably wouldn't have paid anything.

Life Insurance - why with no dependents? But with dependents there is a case, and superannuation is cheaper because it is pre-tax.

Income Protection - if you have a stash, you might not want it. A work mate was out bicycling on a dirt path with his son, fell down an embankment and broke his neck - he didn't have much put away, and income protection saved his lifestyle.

I'm slack with house and contents insurance, vehicle insurance and NRMA membership, in that I almost certainly could/should get less (with more excess), and shop around for a better deal - but I haven't. I think I've had claims against each policy at some stage (not sure about the vehicle policy). Last year I got back a lifetime's worth of NRMA membership payments when I had a problem in outback NSW.

MsRichLife

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Re: Canberra
« Reply #93 on: September 22, 2014, 06:23:13 PM »
Re Insurance.

I have life insurance and TPD insurance through super. As a sole breadwinner with dependents, I'm very happy to keep these.

My husband has recently started receiving a pension on his TPD insurance which has certainly been welcome. If we weren't as financially well off as we are, losing his income would have been very painful.

I haven't looked at car and household insurances for a while so that might be something worth investigating further. I do know the landlord insurance I'm paying on my rental properties has crept up over the years and is now ridiculously high. I need to seek quotes from elsewhere.

Medical - Until now we haven't bothered with private health insurance, preferring to self-insure. But my husband's medical expenses are starting to pile up, and we may well be in the income bracket where we get slugged with Medicare surcharge so it might be cheaper to get private healthcare.

agent_clone

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Re: Canberra
« Reply #94 on: September 23, 2014, 06:08:47 AM »
I have life, TPD, and income protection insurance via my super. Life and TPD are by default (i.e. 1 unit of each are essentially required), income protection is something that I need at the moment as I don't yet have enough saved in the case of longer term injury.

Otherwise I have comprehensive car and home and contents insurance.  I will probably get private health insurance before the end of this financial year to avoid the lifetime health cover loading, at this point it will probably be the cheapest to meet my needs, but I haven't yet done the research.

Ozstache

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Re: Canberra
« Reply #95 on: September 24, 2014, 07:33:15 PM »
I am so excited that I just have to tell you Canberra folks that I've just finished my final assignment for the Master's degree I've been slaving over since the beginning of the year. It's really great to have it out of the way before my Ayers Rock motorbike trip next week and (assuming I pass of course) to finally complete the formal qualification that I have been avoiding for decades. That's one more thing to tick off my bucket list!

BTW, I hope I didn't come across as too scarred from my study experience when we met last week - I was up to my ears in assignments at the time. Upon reflection, the whole year of study was really worth all the effort. Hope you enjoy the rest of your Master's too MsRichLife!

happy

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Re: Canberra
« Reply #96 on: September 24, 2014, 07:42:58 PM »
Excellent - you'll really enjoy the wind in your hair  on the trip now. Have a great time.

I smiled inwardly at your so-called negativity…what struck me is I see the same sort of  stuff happening in the health system.  I had been toying with a uni job, but just looking at the job descriptions I'd just be swapping to another set of buzzwords, jargon and politically correct process. Sigh.

Journalling at Happy Aussie Downshifter

MsRichLife

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Re: Canberra
« Reply #97 on: September 24, 2014, 07:51:10 PM »
Hope you enjoy the rest of your Master's too MsRichLife!

Congrats and Thanks!

I'm supposed to be neck deep in thesis writing at the moment...but what am I doing instead? Working out how to start investing in my newly updated family trust of course!

MsRichLife

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Re: Canberra
« Reply #98 on: September 24, 2014, 10:45:19 PM »
Hi all,

I finally have the Family Trust set up and am ready to get started on the investment side of things. I posted in Investors Alley with some questions I have, so hopefully there will be some answers in there at some stage.

http://forum.mrmoneymustache.com/investor-alley/using-a-discretionary-family-trust-for-investing/msg407559/#msg407559

MsRL

happy

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Re: Canberra
« Reply #99 on: November 03, 2014, 05:01:39 AM »
Bumping this up.

Hey moustaches, its November. Are we meeting in November or Jan? My November is filling up fast.
Journalling at Happy Aussie Downshifter