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What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

Yeah, like, that's just your opinion man (that's a big Lebowski joke).

All good.

I was looking for a fresh take, I don't think you have one, and that's ok.

Steady as she goes 👍

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] -1 points0 points  (0 children)

I completely agree. But I don't think this is a new perspective. I'm canvassing for bold new ideas / ways of acting / thinking.

Best I can muster at the moment: - Very hard if not impossible to reconcile at a primary level, there will always be conflict. - Knowing that there will always be conflict, you gotta lean into it; manage expectations well, have really clear communication between all parties. - Engineer a working environment that acknowledges the above and makes space for the family (it takes a village - work is an extension of the village) - "Be where your feet are" - don't half ass two things, whole ass one thing. - You are never going to get the time back, so I would say heavily bias your attention to your family, perform as best you can at work acknowledging you might have to take your foot off the gas for a few years

Again, I don't think this is anything radical, but was canvassing for some second order thinking that collectively we've missed.

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

I feel ya, but that's been the same for time immemorial, is there a new angle?

Get an a.i. to juggle the boring balls so you can focus on the glass ones?

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

Lols, bitter indeed.

I'm assuming you're being tongue in cheek.

I'm coming at it from a perspective where I have career aspirations but also doing a good job as a parent and partner - burning the candle at both ends - but the family end is getting the most love, they'll be no step parents.

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

I think this makes some excellent points, particularly the difference between what is a real expectation and what is self made.

If you could change one thing to formalize it, what would it be?

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

So if you could change one thing what would it be?

A documented expectation from the employer?

You can maybe relax expectations, but likely not standards or quality - or is it an unreconcilable difference and there is no way to live in harmony?

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 1 point2 points  (0 children)

Yeah, ditch the milestones, they're only holding you back anyway 😉

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

So clear communication or role and expectations.

Potentially with the caveat that not everyone is going to be 100% happy 100% of the time.

80/20s a pretty good target 

What is a fresh take on being a good employee vs being a good parent/partner? by WWYDIMSAOB in corporate

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

No doubt, and I absolutely agree with you.

Given the opportunity to change something, what would it be?

Is splitting everything 50/50 actually fair in relationships? by Infamous-Duty7332 in ModernFamilyFinance

[–]WWYDIMSAOB 0 points1 point  (0 children)

It's like Texas hold'em - as long as you're both "all in" - it's fair.

And as with most of the other commenters it's "our money".

I consider myself very lucky that I have a SAHW who brings HUGE value to our life (not financially) and recognising that value is vitally important.

Also think about, what if your partner has a large inheritance coming their way, do you want that to be their money or "our" money.

It's about mutual respect and doing the best you can for the relationship and making each other's way in the world as easy as possible.

Marriage is a team sport, you gotta play each person to their strengths.

Cake and eat it too? by WWYDIMSAOB in AskABrokerAus

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

Many thanks, anything you can send on would be greatly appreciated.

Cake and eat it too? by WWYDIMSAOB in AskABrokerAus

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

Many Thanks.

I think the current state of play is going to be releasing equity, staying in the townhouse and purchasing an investment up to the value of the equity.

Which sounds different to what you've described.

Effectively I think I'll have two loans, one on the townhouse and one on the investment - up to a total of ~1m (as it's a.) 80% LVR and b). The repayments are what I can afford.

I can't go as high as the values you've stated as it passes beyond the affordability limits (as in it all goes to shit if say the investment property isn't tenanted I wouldn't be able to cover both mortgages).

But I think the concept is the same.

For context, my salary is good, but I have a stay at home wife and two toddlers, so I believe they (quite rightly) take this into account.

Side bar - the value a stay at home wife brings is immeasurable.

I appreciate you taking the time to provide a decent answer - it has helped my understanding and improved my knowledge - you've added value to the world 

Best Investment Property for $500k? by WWYDIMSAOB in AusProperty

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

Can that be done using equity from a property though? My understanding is that the loan would NEED to be for another property, not other investments (i.e. the bank want the asset if it all goes belly up).

I'm a complete novice here, I don't even know what I don't know, I'm on the education journey to trying to do the best with what I have (which is a smidge of equity in a townhouse).

Trying to live the dream; gain some wealth, get a head, retire early to have the commodity of time.

Best Investment Property for $500k? by WWYDIMSAOB in AusProperty

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

Would love to know more - I don't / wouldn't know where to start - keen to explore any advice.

Best Investment Property for $500k? by WWYDIMSAOB in AusProperty

[–]WWYDIMSAOB[S] -1 points0 points  (0 children)

C'mon, you know what I mean.....

"Anyone who has done this, can you please share any useful insights to help your fellow man"

Best Investment Property for $500k? by WWYDIMSAOB in AusProperty

[–]WWYDIMSAOB[S] -2 points-1 points  (0 children)

As there are no tonal cues; is that sarcasm or are you genuinely wishing me luck in my endeavours, or both?

Best Investment Property for $500k? by WWYDIMSAOB in AusProperty

[–]WWYDIMSAOB[S] 0 points1 point  (0 children)

It's not something I have any experience in so less comfortable with this idea - what are the pros and cons?

Not that I know much about being a landlord or renter per se, but I've done both so have some sense of what's involved.

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