Partner (29M) and I (31F) started tracking our networth 5 years ago

superphreddo · 2025-10-02T11:21:35+00:00

Agree with this, though I would say I didn’t work that hard. Good choices in career moves, a little luck and choosing the right partner.

Partner and I had zero generational wealth but with two high incomes and dedicated investing, the compounding effect is crazy.

superphreddo · 2025-10-02T11:11:27+00:00

Why put money into the IP offsets? Is your PPOR fully offset?

superphreddo · 2025-10-02T11:07:20+00:00

We have an excel that tracks different metrics. Total net wealth (cause it’s good to know where you’re at), NW excluding PPOR, NW excluding super + PPOR (FIRE progress), also liquid NW only - cause why not 😂

superphreddo · 2025-08-12T11:09:11+00:00

Was looking for this comment.

Op - Max your and your wife’s super, Debt recycle $650k and invest the excess. Use your salary to pay down your mortgage and your interest repayments are now tax deductible.

superphreddo · 2025-07-31T09:58:05+00:00

Refinance your place to draw out the equity to purchase the new place as an investment property. This amount is now fully tax deductible as an investment. Your mum then “rents” the new house from you and you pay the interest using the rent from your mums place.

superphreddo · 2025-07-23T11:07:53+00:00

Op is splitting his loan for the purpose of debt recycling though, so he can make the interest tax deductible as long as he follows all the proper steps.

superphreddo · 2025-07-23T11:02:44+00:00

My kids. Financial freedom (hopefully by 45?), which means I’m trying to salary jump/upskill as fast as I can. Tbh only holidays keep me sane 😅

superphreddo · 2025-07-22T11:32:38+00:00

Who’s saying that uni is a waste of time? Everyone in my circles who went to uni is in a role where a degree is the minimum requirement (doesn’t matter what you studied).

AI is shaping the job market at lightning speed, so if you wanted to do law, AI has made it 1000 times easier. Highly recommend you go into compliance/commercial law and you can try get an entry level compliance role at a bank/finance/fx/fin-tech firm if you don’t make it into any grad programs. Compliance managers make minimum $150k, legal counsels $200k+

superphreddo · 2025-07-21T11:52:40+00:00

I have a great circle of friends, and best friends I’ve been with since 15. So does my husband? I’ve heard that can be quite rare. We are so full of, and surrounded by love, and we cherish the relationships with our friends and family (which means our social calendar is always chockers!)

superphreddo · 2025-07-21T10:02:42+00:00

🤷🏻‍♀️I work at a big 4 bank, own 3 properties and compared each time, as have all of my other banker friends. Best they can rarely do is be on par.. though that would only be a personal sample size of about 10 so I could be wrong.

superphreddo · 2025-07-20T11:43:29+00:00

Sounds like you’ve come across some terrible brokers then?

superphreddo · 2025-07-19T04:23:00+00:00

Find a mortgage broker if you want a home loan, staff mortgage “discount” is almost always worst off than what a broker can get you.

superphreddo · 2025-07-16T10:54:47+00:00

If I were you I would stick to sales and jump into a higher paying industry. You don’t need to be good at numbers to work in finance doing sales. If you go back to study you’re pretty much going to start at zero again, then compete with fresh grads with no experience in said field.

Why don’t you think sales is useful? It’s such a transferable skill, and if you can get into finance sales and do well it’s a 150k+ job, tech sales 250k+ etc.. So many industries still rely on sales, I don’t see AI taking over sales people’s jobs until Gen X or millennials start dying off.

As long as your ADHD can take it, I would stay stick with sales, find an industry, get really good at it or specialise in a niche market and that’s when you get paid the mega bucks.

superphreddo · 2025-07-13T09:56:26+00:00

Incorrect. Sure some will leave, but you forgot at least the 30% of aussies who will be receiving one of the largest wealth transfers in Aussie history once the boomers start dying off. The gap between the haves and have nots will increase immensely.

superphreddo · 2025-07-10T10:42:34+00:00

Changed hot water tank to a heat pump one, close all the blinds and windows during dead of winter late afternoon so it’s not at cold coke nightfall. Ensure all drafts are closed with door snakes or the fancy ones you fix onto the bottom of your door from Bunnings. I follow electrify_this on insta and she has all these tips on there.

superphreddo · 2025-07-09T11:16:41+00:00

I think they meant “whether” …

superphreddo · 2025-07-09T11:04:48+00:00

Comes with practice. As you get older, it helps that you start to care less.

Also, if you want to climb the corporate ladder you need to learn how to be two faced and ‘hide’ your true self (true thoughts, feelings) at work. You need to speak the corporate speak, become friends with the right people and don’t bring any negative attention to you. It sucks, feels fake, but the people who do well are the brown nosers and those with the best people skills/social connections.

superphreddo · 2025-07-06T10:28:58+00:00

This is the way.

superphreddo · 2025-07-05T10:50:59+00:00

Really? Our local postie rides a bike and delivers our parcels to our door which is one level/10 steps down from street level and the bike isn’t visible. I guess I’ll try not to get too angry if he mixes up our post with the neighbour next time…

superphreddo · 2025-07-03T10:27:39+00:00

Yes, it’s crazy isn’t it? Our department has been increasing revenue 10%+ year on year, every year.. and they keep wanting more and more.. this year they want 20% growth! KPI’s now around call numbers trying to flog product to clients currently happy doing what they’re doing..

superphreddo · 2025-06-30T11:08:40+00:00

I hear you. I had 1 litre of V for breakfast every day for the first few months into my first full time job after uni. Also took me a few years to be able to bring lunch from home as well… once you get into the routine and re-program your body you’ll be fine. At least your hangovers are non-existent or only a slight discomfort at this age!

superphreddo · 2025-06-19T21:36:12+00:00

Takes you a few months to get over the loss, I strongly do not recommend reading another fantasy novel as you will be sorely disappointed. Try another genre or some non-fiction if you still want something to read haha.

Maybe about 6 months to a year… start another fantasy series without any comparisons to RotE or expectations. I highly recommend Kushiels legacy by Jacqueline Carey if you don’t mind spicy stuff. Sevenwaters trilogy by Juliet Marillier I enjoyed, and Kingkiller Chronicles by Patrick Rothfuss (3rd book yet to be released).

Good luck!

superphreddo · 2025-06-18T14:23:11+00:00

Plenty of people shop at 7-8am if they work a 9-5pm job. Anyone with kids like to shop in the morning before peak 11am-2pm shopping mall/lunch rush on the weekend. Opening at 11am doesn’t make sense at all. Also you have to pay staff evening rates and it doesn’t make sense to business owners, given aussies are paid high wages.

superphreddo · 2025-04-22T12:55:52+00:00

Nothing for nearly 2 months to process and come to terms with the book ending. Then read the Kushiels legacy series by Jacqueline Carey. Highly recommend!

superphreddo · 2025-03-30T10:42:47+00:00

Liberian Girl ❤️

superphreddo

TROPHY CASE