Tag: Income
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The Cost of Money
Wealth is worth more than the cost of money. Wealth is an abundance of something, whether that’s time, money or physical wellbeing. And the relationship between them is illustrated below. I used this illustration in Holistic Personal Finance to illustrate the limitations of the cost of money. When you’re earning extra money, you generally end…
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Is the Old or New Normal Better For You?
It’s been a while since we went into lockdown, and restrictions are finally easing. We can eat out, go shopping and send our kids to school. Politicians have “won” the war on Covid, and are now talking about economic recovery and “getting back to normal,” even though many of us don’t have a normal to…
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Why You Should be Grateful for Your Life
Thanks to a whiney conversation overheard on a train, I’ve been thinking recently about how spoiled and ungrateful we all are. How you (and I) should be more grateful for your life, and that you (or I) aren’t living someone else’s. Why You Should be Grateful for Your Life The life that springs to mind…
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Pride and Vulnerability
The other day Katy made a stray comment about how my desire for financial independence entails a reluctance to depend on my husband. I’ve been thinking a lot about pride and vulnerability since then. According to dictionary.com, (among other things irrelevant to this post) pride can be An excessively high opinion of yourself, or A dignified sense…
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Wealth Management for a Happy Retirement
Katy recently told me that her company had completed a tender for new cleaning services. She was working late the other day, and she met them. The tender “winners” are an older couple in their sixties who can’t afford to retire, so they have started an office cleaning business. Instead of the happy retirement life…
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Alexandria’s Adventures in Morning Routine
Following my brush with the collapse of control, I’ve been noticing a lot of chat about “morning routine” in my podcasts and webinars lately, and there has been one thing that stood out for me.
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My Version of String Theory
In previous posts I have referred to my life as being like a tangled ball of string – I wasn’t specific at the time, but I imagine it as the kind you get when you give a cat a ball of wool to play with. When you try to unravel it, you pull one strand and all the…
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How to Manage Employment Misery
Yesterday I offered some ways of surviving unemployment, and after hearing about some of Toseland’s workplace issues this morning I wondered whether I might in fact, be the lucky one. No employment misery. Of course, Toseland’s paid work is part-time and that never really helps, because part-timers are always unintentionally excluded simply because they aren’t there. That…
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How to Manage Unemployment Misery
I’ve talked before about the perils of long-term unemployment, and today I heard the news that according to the January Labour Force Statistics unemployment, particularly full-time unemployment (and unemployment misery) continues to rise… The Federal Government suggests this is not really a problem, more of an indication that the Australian Bureau of Statistics can’t get its act…
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Virtue of Wealth
Cut and dried, the virtue of wealth is all about money (or maybe goods in lieu). It’s about being able to pay the mortgage and put food on the table. And not just for the now, I need to ensure there is money for the future too.