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Welcome to another #AusFIWeekly with handpicked Financial Independence links and events from Australia and abroad. I’m Michelle, a mid-30s semi-retiree sharing my FI journey at FrugalityandFreedom.com
Woo hoo, birthday month! You know I’ll be making my way through a list of free food and other offers to celebrate. It’s just as well, since a downside of this new work-from-home freelancing means no office coworkers to shower me with cake. (Mmm, cake shower…)
With that ridiculousness now in your imagination, let’s dive into this week’s links.
Australian Links
Safe Withdrawal Rates for Aussies — Part 9: The Ordinary Dollar SWR Calculator – Ordinary Dollar
“There’s a precarious balance between withdrawing enough money to really enjoy your retirement and withdrawing so much that your portfolio runs out of money (followed soon after by an undignified return to work). The safe withdrawal rate tries to find the equilibrium between these two things.”
How to Live a Minimalist Life (A Complete Blueprint) – Simply + Fiercely
“I want you to know that minimalism is not a contest to see who can live with the fewest possessions. Instead, a minimalist life is an aligned life, where the things you own and do reflect your values and priorities. It’s not about deprivation. Instead, it’s about enoughness.”
How Being Green Makes You A Wealth Building Machine – Strong Money Australia
“Much of the choices we make that are better for the Earth, also help us save a crap-ton of money in the process. And here’s the best part: we get to keep living our wonderful modern-day Aussie lives. No extreme behaviour required!”
5 Questions That’ll Teach You About Your Own Financial Personality – The Broke Generation
“Money is emotional. Sure, it’s currency, it’s tangible, it’s numerical, but we’re not. We live in a society where money is far more than a number, and for that reason, we tie a lot of our self worth to our net worth. That means we operate in our own belief system, much of which relates to how we spend our money, why we spend our money, and why we feel the way we do about money.”
Australian Events
Adelaide: FI/RE Meetup Adelaide
Hosted by yours truly, Frugality and Freedom with Keepin’ It Frugal.
Sat 7 Nov 2pm ACDT, Adelaide CBD
International Links
If Retiring at 30 is Scary, then Retiring at 60 is Terrifying – Trip of a Lifestyle (USA)
“The bottom line is that in good economic times or bad, the younger you start on the path to financial independence, the sooner you can achieve it. Once you get there, ignore the haters, and cut back on work whenever you feel ready. It’s less risky than you think. The “retirement age” is whatever you choose it to be.”
Why It’s Hard to Let Go of Our Possessions (And What to Do about It) – Rich in What Matters (USA)
“This item was something that every time I saw it, I just wanted to donate it. It never sparked joy and wasn’t played with. All it did was take up space. So why, then, when I finally donated it, was it, for a time, almost … painful?”
Where Are You Heading? – Alan Donegan (UK)
“Are you getting fatter over time? Are you getting poorer over time? Is your business shrinking over time? Where are you heading?… Don’t like the answer? This is your chance to do something about it? These things don’t change themselves. You need to do something!”
How Money and Your Money Mindset Affects Your Life – Moneylogue (USA)
“How you handle yourself in conversations related to finance is also influenced by your perception of money. It could make you feel anxious, vulnerable, and materialistic, or it could make you feel excited, confident, and in control… You can bring these beliefs to the surface by observing your own thoughts, reactions, feelings, and interactions.”
Missed one? Read the archives here. Or get in touch if you have any FI content recommendations.
Yours in pursuit of FI,
Michelle @ Frugality and Freedom
PS. Subscribe to get Australian FI Weekly in your inbox each Monday.
1 comment
Interesting list of topics as always! I think it’s interesting that there are still articles about the vitriol against FIRE, when that is what could keep you afloat in a pandemic economy like we have now. In the US, at least, the savings rate is inching upward, so I anticipate there will be more, not less interest in FIRE (or at least the FI part).