Joined 3 years ago from Melbourne, Australia
In January of 2018 the Melbourne property market hit a median price of 7.5 times, 7.5 TIMES! As a first time property buyer who entered the market at alomost exactly this amount, funded by a mortgage worth 90% of the value of our new home, and planning to start a family withing 12 months my wife and I new it was time to get serious about managing our money.
The goal is lofty, but the math is solid, we are aiming for Finacial Freedom by age 50. That means enough passive monthly income to live without employment.
The destination is set and the clock is ticking, join us on our journey to Financial Freedom!
3 years ago
The balance of debt vs wealth is skewed toward creating wealth, and the very heart of wealth creation comes down to one simple old adage. Getting this one thing right opens the door to a wealthy future.
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