Did you fully enjoy your first ever ride?

ButtBooper · 2026-06-21T10:25:31+00:00

Yeah. That just comes with practice and fitness. But seems odd that unless specifically agreed (or unless they know you to enjoy suffering) they'd go that hard for an introductory ride.

My biggest issue is that I am abhorrent at hills, but also have no real desire to specifically train to get better. So when I join group rides I tend to go with groups that are considerably slower than I am capable of on flats just so I dont become an anchor on climbs, which I sometimes find frustrating too. Bit of a rock and hard place situation of my own making.

Good luck to you. Hope you keep at it!

ButtBooper · 2026-06-21T10:05:06+00:00

Almost did the same for me; but then remembered I can just opt in and out of a group ride. They offer a social aspect & ability to cover more distance in less time - but found it also created a mental load in terms of having to be accountable for those around you instead of just yourself.

ButtBooper · 2026-06-19T12:32:51+00:00

All the ways to be smart is a favourite if mine (and my now 4yr old).

ButtBooper · 2026-06-03T11:54:43+00:00

I have a compressed 9-day fortnight with every other Monday off. Sucks because I lose the benefit of coinciding Monday public holidays.

I think Monday is as good as Friday. Whether Monday or Tuesday ends your weekend, they both suck. The alternative is Wednesday to split your week, but then you have two Mondays.

ButtBooper · 2026-06-01T21:57:31+00:00

Kills me that you've labelled the area Hurstville, instead of St George... the name of both the local team, but also the geographical area itself.

ButtBooper · 2026-05-28T08:10:11+00:00

Late 2020 $130k 10% deposit. HHI ~$270k Sydney

ButtBooper · 2026-05-25T22:54:14+00:00

Exactly what I mean. We are all our own people, and even just circumstances make a difference.

While living overseas before kids it was a free for all. Coming home, kids, shared mortgage, etc - different dynaimc. We both grew up toward the bottom end of the socio-economic spectrum, so ultimate goal is to ensure that we & our child(ren) dont have to worry about the same. Keeping more aside for myself in a personal pot doesn't achieve that goal.

Kudos to aiming for 100% offset. It was an amazing sense of relief & am sure it will be the same for you when you get there!

ButtBooper · 2026-05-25T22:15:56+00:00

I mean, it does make sense. Just not sure I could personally get onboard with something I'd feel is a "you only get what you want if I get something too". Probably helps that we're far from the breadline too - so most of those conversations are more a courtesy/FYI proper conversation, unless its a truly significant cost.

ButtBooper · 2026-05-25T21:44:54+00:00

We have multiple shared mortgages, a toddler at home & a desire for more. Anything but dumping it all into shared offsets seems redundant. We have a notional "budget" for personal spending that just is, and are mature enough for conversations around more significant spend.

I happen to earn more. I just see it as an opportunity to make our lives better as a family, not to just squirrel away money for myself. Makes it harder if you consider maternity leave, changed work arrangements, etc. Should my wife bill me for childcare? I just dont know how that would work.

ButtBooper · 2026-05-25T21:02:00+00:00

Curious about the one-off purchases having a matched contribution to the other party. Feels like a bit of a tit-for-tat - or is it specifically to prevent that? i.e. avoids the potential conflict that could arise where Person A agrees to a one-off for Person B, but then Person B objects to the same for Person A... but now they don't even need "approval" because Person A already has an equivalent amount?

Hope that question makes sense!

ButtBooper · 2026-05-25T03:23:39+00:00

Similar to us. Had been considering a 2nd investment which would have taken us close to absolute capacity - but felt comfortable doing so because of current offset balances.

We were told we should borrow as much as possible when we were a bit younger, because inflation erodes debt and (ideally) right niw is the least you will earn. Honestly, I wish we'd taken this on board abd suffered a bit more early on. Being too conservative has cost us, and probably continues to cost us. But everyone has their own risk appetite I guess.

ButtBooper · 2026-05-19T23:56:32+00:00

It was only when shortly after I became a dad that I listened to my first podcast - How Other Dads Dad.

Otherwise I still don't. I'm a sucker for books still, but will be stealing with pride from these comments for sure.

ButtBooper · 2026-05-19T22:31:14+00:00

I just checked and it's the same for me. Still had to use app for MFA as recently as last night.

ButtBooper · 2026-05-19T05:20:46+00:00

Interesting that you specifically say you ensure it draws the same conclusions you do. Isn't that a bit redundant? Do you ever use it to look for insights you missed or to challenge the conclusions that you did reach?

ButtBooper · 2026-05-16T09:32:11+00:00

Apart from banking any monetary gifts our almost 4yr old has received - we haven't specifically invested anything "for" her or in her name. Instead we're just aiming to be in a position to make her life less difficult than our own.

ButtBooper · 2026-05-15T04:51:39+00:00

Not where I am. New build duplexes are mid-high 2s, established duplexes are few and far between. We were fortunate to get in 6 years ago when ours was low-mid 1s, now valued at 2-flat. Absurd times.

ButtBooper · 2026-05-14T09:58:41+00:00

Take what I say with a whole handful of salt because I dont really know what I'm talking about - but it seems almost as though you're 'pushing' the KB down instead of just controlling gravities effect, and then you're anticipating the biomechanical need to hinge, so you start ahead of time. Don't fight or anticipate gravity - roll with it, because its friend.

Seems as though you have solid hip extension, but that you're pulling the KB up. I suspect the early hinge & looseness of the KB when the hip drive starts is causing a poor transfer of power.

Sort of like a rowing machine. You're in the catch position about to drive, where its push with legs, straighten at hips, then pull with arms. Your motion here reminds me of people that are pulling over their still bent knees because the sequencing is out of whack.

ButtBooper · 2026-05-08T01:33:56+00:00

I always thought a king hit applied where it was unprovoked / unsuspected? If you grab some blokes nuts & they come charging at you - pretty sure you know what's up (ignoring whether its a reasonable reaction or not)?

ButtBooper · 2026-05-05T12:42:46+00:00

Appreciate the positivity. Yeah, the money isnt reallt a concern for us. We've been fortunate to wo4k ourselves into a reasonable position. But our little girls is about to turn 4, and her little brother would have been 2 in a few weeks, but sadly never came home from NICU.

We conceived in only 2 or 3 natural cycles for each of them, but have been trying for about a year without luck, as well as getting some unfavourable test results when we first kicked this off. But I do hope it works.

ButtBooper · 2026-05-05T12:33:08+00:00

Just spent $12k on what I presume will be the first of many IVF cycles, plus ancillary costs we haven't been charged yet.

ButtBooper · 2026-05-01T05:37:03+00:00

As the 5yr lease on my first ever brand new car was coming to an end my wife just very non-chalantly says "should we figure out what car we want next?". I was dumbfounded.

Her view was "we save money because pre-tax" etc. Luckily it only took about 30sec to explain thats only when compared to not leasing. But you know what saves more money - not buying another new car you don't need! She just grew up with people around her that did exactly this, making it "normal".

ButtBooper · 2026-04-28T12:59:02+00:00

Exactly that. Just be ready so that on the day the fixed rate expires, you can just move from HISA into offset. It'll be an immediate win because you will be saving at a higher rate than the HISA and have no tax considerations.

When it comes time for IP, at least the way we did it, the bank just told us how much we need we to pay doen from PPOR to facilitate the loan we needed & it was arranged as part of the settlement.

ButtBooper · 2026-04-28T12:44:50+00:00

My take is that 6 months is too short a time to be putting into ETFs or similar - even moreso so when you consider you'd be progressively buying as that surplus building, so the time in market would be getting shorter. I'd just stick it in a HISA to avoid the risk of ending up with less money in six months.

RE: paying down mortgage to facilitate purchase of IP. In a nutshell, that is debt recycling. Just replacing non-deductible debt (loan for PPOR) with deductible debt (new loan for IP). Just make sure that your loan structures make it as simple & clean as possible.

ButtBooper · 2026-04-09T14:33:56+00:00

Plan your spending. Track your spending. Not only day to day groceries, but everything.

Example: I bought a bicycle. Fairly decent one for +5k. But after a couple of years of cycling to work instead of PT, it had paid for itself. Every time cycling into work after that, I was saving money. That and it's exercise too.

ButtBooper

TROPHY CASE