The real cost of commuting – For Australians

commuting, cost, sutralisn, early retirement, financial independence

Not too long ago, I read the absolutely excellent Mr Money Mustache (MMM) article “The True cost of Commuting“.  Because I agree with so much of what is said and would have written about it at some point, I wanted to take the time to give the article an Australian focused spin and add my thoughts to the matter. Furthermore, not only is that article 6 years old now, but MMM freely admits that car ownership costs are cheaper in the US than anywhere else in the world. So it makes sense to show those Americans who the most “self-destructive” car commuters really are! Continue reading “The real cost of commuting – For Australians”

This is Frankly absurd – An in depth look at Franking Credits

Franking credits, investment, early retirement, financial independenceI prefer to write about my lifestyle and how the choices I make will in time make me rich enough to forego compulsory work. I believe this is the most interesting part of finance and where the most progress can be made for the vast majority of people. However, I will on occasion take the time to dive deep into an investment topic if it is interesting and generally not very well written about. Also because a great deal of you, my fellow shufflers want to know more about investment as well as lifestyle and saving.

So today I describe to you the absurdity of franking credits. When I say absurd, I mean it in the best possible way. The “I can’t believe this is legal” sort of way. Continue reading “This is Frankly absurd – An in depth look at Franking Credits”

A Shuffler’s other half – what the girlfriend thinks

Financial independence, retire early

Hey fellow shufflers, I have been patiently waiting for my girlfriend to write a post for the website and she finally agreed! I have bestowed upon her the title of Steph the Shuffler. Today she shares with you what it was like to find out her boyfriend of 5 years had been inflicted with the FI/RE disease. I hope to make her views on shuffling a regular occurrence around here.

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Five months ago, Pat first told me about his intention to retire early at 39 years young. Quite out of the blue, he revealed his plan to achieve this by saving and investing as much money as he possibly could for the next 10 years. Initially, I was somewhat apprehensive. Excited, because this is such an outstanding accomplishment to work toward, but still apprehensive. Continue reading “A Shuffler’s other half – what the girlfriend thinks”

The happiness rollercoaster and financial nosedive

Hedonic adaptation

Do you ever hear people say, or see people write sarcastic things like this:

“Great idea…instead of coming home to relax in front of a nice tv, you can learn to appreciate a small shit tv…glad I learned to live like shit so I can retire early…”

I definitely get this sort of comment the most from my detractors, relating to anything from coffee, to phones to going out to eat often. They seem utterly transfixed on this ideal lifestyle filled with these extravagant luxuries. Suggesting that by removing these luxuries I will live in a deplorable state of perpetual unhappiness. That I will be depriving myself so much, it would take a gargantuan effort to keep it up for any length of time. They go on to suggest that recommending this to anyone will surely cause them to quit saving, as the sacrifice will be too great. Continue reading “The happiness rollercoaster and financial nosedive”