My step by step process of becoming rich
Losing money, September net worth update, retirement planning, margin lending

Wow! What a crap month! Not surprising to follow an amazing month of huge net worth gains with such a terrible month. My September net worth update is my worst so far; by a loooooong way! I can’t say I’m surprised by anything that’s happened in September, but I can say that I’m not happy! […]

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Spare Change Challenge, Australian money, Australian notes, polymer notes

For those of you playing at home, you’d know that I’m a terrible saver, but I love a challenge. In order to force myself to save more, I started the Spare Change Challenge. I started the most recent round of saving back in June, after returning from a trip to the US with Mrs Ikonz. […]

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August net worth update, LRBA, SMSF

So here it is (a little late, I know…), my August net worth update. What a crazy month! As I flagged in a previous post, my net worth was going to take a big upswing due to one of my properties being revalued. And what an upswing it was. So let’s not waste any time, […]

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I know I’ve been incredibly quiet over the past month. Whilst “life” is normally a bloggers excuse for being off the air for a few weeks, for me, I’ve been flat out trying to grow my asset base and doing a lot of planning, getting ready for some big growth in the next 12 months. […]

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Lifesavers, spare change challenge, million dollar blog, how to retire early, trust fund

How the hell does a pack of Lifesavers cost $20 I hear you ask? Good question! It all comes down to my discipline around how I spend cash and it’s relationship to the spare change challenge. What’s the spare change challenge again? It’s the challenge I set myself, to not spend spare change that I […]

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Assets, net worth, when is an asset not an asset, cars, depreciating assets

After a philosophical conversation last night with a good friend about my net worth “balance sheet” of assets and liabilities, I thought it was timely to delve a little bit deeper into how I construct my net worth. Importantly, today’s post is going to go through my personal views on when is an asset not […]

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Retirement, retirement plans for dummies, how much do I need to retire

A – as much or as little as you want, depending on your lifestyle choices. If you’re¬†frustrated by my answer and still want to know how much does it cost to live in retirement, I’ve listed below some interesting stats that I’ve dug up. <h2>The American dream is going to cost you $130k per year</h2> […]

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How to create a bucketlist, what's on your bucketlist, million dollar blog

Since finding out that Ikonz Jr is on the way, I’ve thought more and more about how to create a bucket list. In the past I’ve been toying with the idea of making one, but haven’t really put a lot of effort into it. So today, I set aside 30min to create my first list. […]

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Kidult Transformer Soundwave G1, toy collection

What is a kidult I hear you ask? Generally, a kidult is defined simply as an adult with childish tastes. To me though, a kidult is someone that doesn’t just have kidult tastes, but also a childish attitude to adult responsibilities and finances. A kidult is either trying to relive their childhood or have simply […]

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Net worth update June 2014, million dollar blog, how to retire rich

June has been a great month for my net worth, even given a relatively flat Australian sharemarket. Here’s my June net worth update: Jan-14 May-14 Jun-14 MoM movement $ MoM movement Assets – Property 642,000 642,000 642,000 – Margin loan 151,880 191,135 192,069 934 0% Superannuation (ex. Property) 48,794 56,408 60,362 3,954 7% SMSF property […]

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