A few months ago, I decided to get back into investing. We had sold our apartment years ago and the proceeds had just been sitting in an online savings account. The fact that interest rates were getting lower and lower in Australia prompted me to look for alternative places for our savings and I had been reading up and listening on podcasts about exchange traded funds (ETF).
ETFs are investment funds that are traded on a share market, such as the ASX. In this post, the words “ETF” and “share” can be used interchangeably. When I refer to buying an ETF, I’m referring to buying a share of an ETF on the ASX.
While I had invested in a managed fund in the past, I had never bought shares directly before. This post sets out the steps I followed to set up my ETF portfolio. (more…)
It’s said that success isn’t a straight line and the same can be said for the state of my personal finances. Having been quite strict with budgeting and saving, over the past six months I’ve found myself falling asleep at the wheel. I became more relaxed about using a credit card and found myself dipping into my savings as I began living paycheck to paycheck. We always had more than enough to pay our bills and mortgage and my superannuation funds continue to grow, however I wasn’t actually saving anything in immediately accessible funds, which made me feel like I wasn’t making any progress. (more…)
Corporate law can evoke images of towering glassy skyscrapers, fast walking, fast talking and deal making. Even the mountains of paperwork and late nights are made to look glamorous against a backdrop of twinkling city lights. Well, actually, behind the shiny marble reception, if you’re not careful or if you’re too willing, corporate law will take more and more of you, fostering what can be quite a sad existence.
This is how it happens. (more…)
Our ceremony flowers put together by one of my sisters.
Our gorgeous wedding cake baked by Caked Out, a talented baker based in Adelaide South Australia.
I recently came across our wedding budget spreadsheet on my computer (we got married in March) and as I browsed over the expenses, it occurred to me that I learned a lot of cost-related lessons throughout the wedding planning process. Although I don’t intend to be getting married again anytime soon, I thought I’d publish some tips for other cost conscious brides in waiting. (more…)
I have to say, having worked in both law firms and corporate environments, I find the politics in law firms particularly more precarious. I was hoping to avoid the politics and just get on with things, but alas I received an early induction. (more…)
I’m currently in the last week of serving out my notice period at my current workplace. The kicker? I’ve only been with this firm for 9 months. Yes, I did what I never thought I’d do and took a new job having been in my current role for less than a year. (more…)
Numbers don’t come to me as naturally as words do and this partly explains why I jumped on the personal finance bandwagon a bit later into my twenties. Luckily, many of the basic and sound personal finance concepts can be powerfully communicated using various online calculators.
Here are a few examples using the calculators from the MoneySmart website. (more…)
A few months ago, I wrote this post speculating on the proposal by a new Adelaide based law firm, Adlawgroup to charge newly admitted Lawyers $22,000.00 for a job. At that stage, I was speculating on the remuneration structure, but it has been confirmed that the Lawyers would not receive a base salary, but rather a commission.
In this article which was posted a few days ago, The Australian has confirmed that the Fair Work Ombudsman has inquired into the business model but is taking no action. Further, Law Society of South Australia president Rocco Perrotta is quoted saying that he expected a review into the business model to be completed within weeks and that the Law Society had no regulatory powers and could not prevent the firm from proceeding. Apparently 25 applicants are lined up and ready to begin. (more…)
Hello to my new legally inclined followers, thank you so much for signing up. My previous article on this topic took off on Facebook after it was shared by the awesome site, Survive Law. I thought I would continue the theme and follow up with 5 more lessons learned as I make my way up the ‘new lawyer learning curve‘. (more…)