Saving Strategy

Financial Autonomy - The challenges of investing for children – Episode 65

All Articles

October 31, 2018

The challenges of investing for children – Episode 65

 With the cost of housing continuing to climb, in addition to the rising cost of tertiary education, many parents and grandparents are worried about what the future holds for the young people in their lives. Last week Michael contacted me. He has a young daughter and was thinking of starting an investment for her, … Continued

Investment

Saving Strategy

October 10, 2018

Putting the puzzle together – 4 essential elements to achieving your big life goals – Episode 62

 Here at Financial Autonomy, our focus is typically on the money side of how you achieve your goals and gain the choice in life that you deserve. But of course, achieving big goals requires more than just a financial solution. And so in today’s post we’re going to take a step back and consider … Continued

Investment

Saving Strategy

Self-Employment & Side Hustles

Superannuation

October 3, 2018

Have your 20’s set you up for financial failure? – Episode 61

 Habits. Human brains love them! Any time we can go on auto-pilot, we jump at it. Author Samuel Johnson observed, “The chains of habit are too weak to be felt until they are too strong to be broken”. I also like a quote from Agatha Christie on the subject “Curious things, habits. People themselves … Continued

Investment

Saving Strategy

August 1, 2018

Are you playing offence or defence? – Episode 56

 All sports have elements of offensive and defensive play. And whether you play Netball, soccer, cricket or basketball, your team must constantly strike a balance between the two. In pursuing your Financial Autonomy goal, you too must find a balance that will see your goals achieved in an acceptable time frame, whilst also enabling … Continued

Investment

Saving Strategy

Self-Employment & Side Hustles

July 18, 2018

Pay off the mortgage or invest?- Episode 54

 A shout out here to Christine Calnan who emailed me about this dilemma – whether it is best to put your savings towards extra mortgage repayments, or should you instead be investing? This is one that does come up a lot when I’m working with clients, and it’s certainly not a question with a … Continued

Investment

Property

Saving Strategy

July 11, 2018

Investment Power-Ups – Episode 53

 I was binge watching a fictional Netflix series last week about a group of 4 guys who had made an app that had become a huge hit, Angry Birds style. Each of the 4 guys had particular skills, and there was a scene where one of the guys was feeling pretty lost. He bemoaned … Continued

Investment

Saving Strategy

July 4, 2018

Mini-retirements – Episode 52

 In several previous posts we’ve looked at strategies to help you achieve early retirement. I’ve often spoken about the fact that early retirement in our Financial Autonomy context doesn’t mean spending all day sitting on the couch watching the Simpsons. Our objective is gaining the flexibility and choice to pursue the things that we’re … Continued

Investment

Saving Strategy

Superannuation

June 13, 2018

Bike paths, Bitcoin, and Risk Budgets – Episode 49

 I go for a bike ride most Sundays. Wherever I can, I ride on a bike path. Often there is a road running parallel to the bike path. Very often, cyclists are on the road when they could just as easily be on the bike path. Now I understand why they do this. It’s … Continued

Investment

Saving Strategy

June 6, 2018

The 10 worst things you can do to prepare for retiring early – Episode 48

 So your financial autonomy goal is to retire early. For some that might mean retiring at age 35 and for others age 58. Often, especially for those looking to retire at the younger end of the spectrum, it will mean ceasing their current role, but still engaging in some income producing activities. So retiring … Continued

Investment

Saving Strategy

Superannuation

May 9, 2018

Why Travel Bugs Need Financial Autonomy – Episode 44

What a wonderful era that we live in where holidays and travel are a regular feature in our lives. I don’t imagine that through the bulk of human history there was enough surplus of time, food, and resources to allow you to just take time off to explore the world or relax, unless you were … Continued

Investment

Saving Strategy

Self-Employment & Side Hustles

April 4, 2018

Financial Autonomy – Common Strategy Options – Episode 39

Regular listeners and readers know by now that Financial Autonomy is about gaining choice. Maybe that choice is retiring early (eg. the FIRE goal that’s popular in the US), but it could just as easily be the choice to work in a different career, start your own business, work fewer hours or days, or the … Continued

Investment

Property

Saving Strategy

Self-Employment & Side Hustles

Superannuation

March 28, 2018

Will my Money Run Out? Episode 38

Whether you’re planning for a traditional retirement at age 60+, or working towards an early retirement goal, thoughts of “will my money run out?” will no doubt have crossed your mind. There is a lot written about safe withdrawal rates. This refers to the rate you can afford to draw down on your savings, so … Continued

Saving Strategy

Superannuation