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Joined 1 year ago
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Cake day: June 30th, 2023

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  • If you’re under 30, full-time job, no looming debts, no kids, then the 6 months can really be 3 months or around $10,000. If you have a partner, you are even more secure. Remember this is a figure derived from very conservative financial commentators who assume you have a linear college and job progression (which is rarely the case). Even a 1 month savings buffer will save you for 90% of the unexpected expenses.

    If you’re in your late 50s, finding a new job will be tough, especially if you are laid off during a recession. In that case a generous buffer beyond 6 months would be good.

    Either way, having savings is a good thing. Yes you will miss out on those “epic Bitcoin gains”, but once you have made an emergency savings buffer, then you can really knuckle down on contributions to retirement.





  • I haven’t watched TV in years. I have a tv, but it’s only hooked up to the gaming consoles.

    The referendum last year? I didn’t see any ads, I just read ABC news every few days to see what was up. That $200 million dollar lottery? Never heard anything about it. “Did you hear about the car crash on the…?”, nope.

    On YouTube I’d rather donate directly to the creators I like, and I feel I’m really apart of that niche community.

    I think about the old family radio that everyone sat around, and then the tv that everyone sat around, and now people can kinda sit around watching their own thing, and (hopefully) chat share about their interests.

    I don’t think free to air will be around in 10 years. It’s up to the advertisers.




  • Yep. I bet my landlord is barely, if it all, breaking even on yield. Whereas I’m sitting on my arse investing in ASX: VAS getting 12%.

    Why people go the lengths to get a loan, buy a flat, find a tenant, do all the maintenance and paperwork, all to get 0.1% yeild, and maybe an increase in value? I mean the last 30 years yes it would be wise, but you can’t just say it’ll be like that in the future.

    Also, if I need the equity, it’s liquid, unlike houses.







  • In my country (Australia), they should increase the number of seats in government.

    It hasn’t been done since the early 80s when the population was half of what it is now. Your member therefore can be more active, a smaller electorate means less emails and letters to sift through, less stress from staff, and more representative of a progressive voting base.

    But this gets so easily dismissed as increasing bureaucracy and big government.