Author Topic: Australian Investor - Where do I start?  (Read 15297 times)

SS

  • 5 O'Clock Shadow
  • *
  • Posts: 7
Re: Australian Investor - Where do I start?
« Reply #50 on: April 05, 2016, 10:20:41 PM »
Will follow your infrequent posts FFA :)

FFA

  • Pencil Stache
  • ****
  • Posts: 525
    • Financially Free Australia
Re: Australian Investor - Where do I start?
« Reply #51 on: April 06, 2016, 02:00:20 AM »
Will follow your infrequent posts FFA :)
thanks SS, has been a bit slow on the blogging front since I started 2 days / week part-time... I have an e-book 90% drafted which I want to put up there soon, must get it done !!!

SS

  • 5 O'Clock Shadow
  • *
  • Posts: 7
Re: Australian Investor - Where do I start?
« Reply #52 on: April 06, 2016, 02:22:20 AM »
You can do it!

MsRichLife

  • Pencil Stache
  • ****
  • Posts: 539
  • Age: 42
    • Living My Rich Life
Re: Australian Investor - Where do I start?
« Reply #53 on: April 06, 2016, 04:51:16 AM »
You want to start a family soon? You will need cash.

Unless of course you want to work all day to pay the enormous childcare bills.

Two words: Offset account.

Seconded. I'd work hard to make the offset account match the size of the mortgage. You will then be free of interest payments, but still have a huge emergency stash available. Of source, this will require discipline to make sure you don't touch it to buy a new car, go on an expensive holiday etc etc.

It's worked really well for me, but I see others with less discipline constantly raiding the piggy bank.