Australian author, Serena Bird, is many things: a writer, a public servant, a speaker, an influencer, a Mother and in her book, The Joyful Frugalista, Bird shares with you another part of her personality. The Canberra based writer has coined a new term for her lifestyle optimising strategy, Frugalista; a savvy, fashionable and generous female that makes the most of her circumstances and life opportunities to achieve a positive outcome financially. Frugalista life is certainly agreeing with Bird and her family, she has achieved millionaire status in her forties on a single income with two children. This article will share with you three key tips I have learnt from The Joyful Frugalista to apply to my house saving journey.
Minimalism defines a lifestyle different to what advertising campaigns sell us. We get up, exercise, commute, work, commute, eat, sleep and repeat the process five times a week. Weekends are spent recovering: cleaning our homes, washing clothes, grocery shopping, meal prepping, seeing friends and family and getting ready to start over again. But what if it didn’t have to be that way? The Minimalists preach a different life than the one advertising campaigns sell us: a smaller house, fewer possessions, rich relationships and better health. Today I will delve into three important messages I got from The Minimalists, Joshua Fields Millburn and Ryan Nicodemus’ book, Minimalism.
Societal norms and expectations mean women have a complex map to navigate when it comes to finances as well as other areas of their lives. For women choosing any career path where they are an employee it’s important to remember, your income is your greatest asset. Today I draw on three key insights I learnt from Sandberg’s book, Lean In, to apply to my financial journey: to push past the Tiara syndrome, to negotiate differently and to be authentic and real.
Nothing boosts me up and inspires me more than a great podcast. Mia Freedman is the owner of the world’s largest female podcasting network with a range of shows go across a number of areas from work and career, health, politics, fashion, art, parenting. Where does this book review fit on a website that is curating resources and creating a new narrative for millennials and finance. The answer is everywhere! Today I will delve into three important messages I got from Freedman’s book, Work, Strife, Balance that have fuelled my financial journey.
How often do you buy new clothes? What do you do with your old clothes? Do you know what your clothes are made from and who makes them? I bumped into my neighbour, Meg, and she shared with me her new business, Robe & Crown a business where Meg is selling high quality, natural fibre, second hand clothes. In our conversation we got talking about the Slow Clothing movement and Meg lent me her friend Brisbane based entrepreneur and author, Jane Milburn’s, book Slow Clothing. I had seen Jane speak at the 2016 QUT TEDX event and feel quite a lot closer to the ideals she speaks about after I visited India and the garment factories for work with my clients in 2017. This article provides an overview of three lessons I learnt from Milburn to apply to my personal finance journey: repair items, repurpose items and do your research.
How far are you willing to go to reach your financial goals? I’ve recently hit a wall with my budgeting. A high wall. A $16,500 wall that 15 months is mentally crushing me. It’s is not that much considering how far I have come. Considering that my board and amount of savings I need to budget to achieve my goal is sitting at about 60% of my net income. I’ve come back to Harvard Professor, Angela Duckworth’s book for inspiration. In this article I’ll share with you my recent continued hardaches and the three elements I have come back to in Duckworth’s research to recentre and recalibrate.
Have you ever had the courage to contact a stranger on social media? In January 2018 a post from Underspent author, Rachel Smith, showed up in my Linkedin feed. Rachel has merged her talents, hobbies and passions across different areas: she is an advocate for cyclists advising internationally on transport planning and infrastructure, she is passionate about the environment, minimalism and reducing waste, where I most admired Rachel centred around a large challenge that she set for herself in 2014 where she bought nothing new or second hand for over a year. This helped her to save 38% of her salary, $52,680. I plucked up the courage and sent Rachel a private message on Linkedin and we ended up arranging to meet for lunch. I have since read Rachel’s book, Underspent, which details her year of giving up shopping in 2014. This article provides an overview of three lessons I learnt from Rachel to apply to my personal finance journey: making new rules, getting organised and rewarding yourself with experiences.
What sorts of systems do you have in place to help you think about your budget? The Barefoot Investor, Scott Pape, provided me with three great takeaways: the implementation of an electronic envelope system, a reassessment of superannuation and although I can’t participate in the idea of a “hot financial date” each month the encouragement to share my journey…
I’m a big fan of Gretchen Rubin and have been listening to her Podcast, Happier, for several years. Rubin is down to earth, even going as far as commenting back to me on Linkedin when I asked her when she was coming to Australia on her next book tour. I finally got around to purchasing her book, The Happiness Project, in November 2017 before a long work flight.