Aussie Firebug

The topics in today's episode are:

• Guides for investing in shares (00:01:42)
• The dividend yield trap and why the total return is important (00:09:21)
• How to be more patient during the FIRE journey (00:14:20)

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Today I’m joined by Ben, a sustainable living enthusiast from South Australia who lives completely off-grid with his wife and children.

Ben's a member of the Aussie FIRE Discussion Facebook Group who posted about his self-sufficient home last year which really struck a chord with the community (it's still one of the most popular submissions to date). Ben has been kind enough to share his story of building an off-grid house and living sustainably in South Australia.

Some of the topics in today’s episode include:

• How Ben and his wife designed and built a completely off-grid home.
• Their journey towards the dream of sustainable living.
• The primary driver of going off-grid and building this house.
• Utilising a solar energy system to completely power a family home.
• How much does it really cost and how long will it last?
• How to deal with heating and cooling when you’re not connected to the grid.
• Running water and the challenge of sustainable water usage when rain is your only supply.
• How to create a domestic system that generates zero wastewater.
• The bottom line - what was the total cost of the project? 

• Aussie FIRE Discussion Group
• Lithium-Ion Battery Test Centre
• CSRIO Solar PV for your home: testing what’s Watt

www.aussiefirebug.com/podcast

Today it’s my pleasure to welcome Kurt to the show. Kurt is the co-founder of the online brokerage company Pearler. We talk about Kurt's relationship with money, how and why Pearler was started and what it takes to get a fintech startup off the ground.

Some of the topics in today’s episode include:

• Kurt’s upbringing in an entrepreneurial family. His relationship with money/investing and his personal investing goal & strategy.
• The inspiration behind the creation of Pearler.
• The psychology of money & investing. Meaningful work and the ultimate benefits of financial independence.
• What sets Pearler apart from the pack.
• What’s involved in starting and building a company like Pearler?
• Where does the money come from?
• Angel investing, founder accelerator programs & building out a fintech team.

• Pearler
• Book - The Barefoot Investor
• Book - The Psychology of Money
• AngelList

www.aussiefirebug.com/podcast

Today I’m chatting with Katy Winter who may be the very first Aussie FIRE blogger ever! Katy has an inspiring story of overcoming disadvantages and adversity to pursue financial independence as a parent in a household of 5 kids.

Some of the topics in today’s episode include:

• Katy’s backstory and how the Wealthy Winters FIRE blog came about way back in 2014.
• Katy’s experience of suddenly losing her mum when she was 8 months pregnant with her second daughter.
• An unexpected inheritance and what she did with the money.
• Katy’s journey from Minimalism to Barefoot Investor to FIRE and what really matters in life.
• Parenthood - Katy shares tips for those who are thinking about having kids while pursuing financial independence.
• How Katy got started with investing and what she bought first.

• Blog archive - Wealthy Winters
• Facebook group - Financial Independence & Early Retirement Australia
• Book - Early Retirement Extreme - Jacob Lund Fisker
• Aussie HIFIRE - FIRE and Kids - The cost of raising children in Australia
• Book - The Whole-Brain Child: 12 revolutionary strategies to Nurture Your Child's Developing Mind - Tina Payne Bryson

www.aussiefirebug.com/podcast

Summary:
Today I’m joined by my good friend and fellow FIRE blogger and podcaster Pat from lifelongshuffle.com and the FIRE & Chill Podcast. The theme of today’s Q&A podcast is focusing on buying your first home which is something both Pat and I have done this year.

The four questions that we're covering today are:

• I want to buy a house but I'm terrified that the market is way overpriced and it's going to come tumbling down after a buy? (00:09:42)
• Dealing with underquoting? (00:17:56)
• Should I use a buyers agent? (00:30:50)
• How to deal with an agent if you're suspecting they're lying about price increases from other parties? (00:37:47)

Links:

• Pat’s blog - Life Long Shuffle
• FIRE & Chill Podcast
• KoalaData
• Pricefinder
• tic:toc
• Bank Australia

www.aussiefirebug.com/aff

The topics in today's episode are:

• Can I just invest in Vanguard and leave it alone? Do I need to know what’s happening or make changes? (00:01:56)
• Is the 4% rule still valid given the current predictions of low returns in this low-interest-rate environment? (00:12:50)
• UK pensions for Aussies working abroad (00:21:38)

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I'm joined today by the author of Money School and superstar of the Aussie FIRE discussion group, Lacey Filipich.

We’re going over three questions in this episode:

• Buying shares prior to the ex-Dividend date (00:03:29)
• I'm scared of making a mistake when investing and losing it all (00:10:00)
• Debt recycling (00:27:58)

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Some of the topics in today's episode are:

• Tax minimisation (00:01:25)
• Should I wait until the next recession before I start to buy shares? (00:10:17)
• Leveraging into shares (00:21:14)

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Today’s episode is focussing on family financial topics. I thought I’d get an expert in this subject manner on the pod so I’ve invited Lee from Family Finance to help me answer your questions.

We’re going over three questions today:

• Private health insurance and who Family Finance uses (00:03:55)
• Balancing how to give your children everything they need without spoiling them (00:15:12)
• Some of the biggest costs associated with having children (00:26:08)

Links:

• Family Finance YouTube Channel/Instagram Page
• Lifetime Health Cover Loading for people 31 and over

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Today I’m speaking with Glen James, a multi-award-winning financial advisor who is the creator and host of the very popular podcast, My Millennial Money. Glen’s a self-proclaimed ‘spender’ but was able to develop a process and system to manage his own money at an early age that ultimately lead him to financial success. He then went into helping others achieve their financial goals starting and selling multiple businesses along the way. Glen highlights some really interesting points about the FIRE movement as well as the importance of giving back as you build your wealth.

Some of the topics in today’s pod include:

• Glen’s relationship with Money and the systems and processes he has built (00:04:44)
• Super asset allocations (00:14:01)
• Glen’s investing philosophy (00:15:40)
• Why the FIRE movement needs to ditch the RE (00:21:32)
• Being charitable whilst building wealth (00:32:25)
• My Millennial Money Podcast (00:39:27)

• Sort Your Money Out
• Glen with Dave Ramsey
• My Millennial Money

www.aussiefirebug.com/podcast