Sunday, 30 June 2013

June 2013 in review

The MoH has just calculated the June performance figures, and I think they're a bit of a mirage, if mirage could be a financial term.  Despite the continuing trials of the sharemarket, the annual fixed interest on my margin loan falling due, and my massive European holiday, my savings went up!

However, investigation soon revealed that the circumstances were due solely to my credit card bill with all my holiday expenses on it not being due until July. My super balance fell slightly, my shares dropped a lot, and some cash disappeared to various good causes.

I suspect July is going to be a sorry state of affairs, with that credit card bill and nothing really to offset it until I can get my tax refund in August.  But in the meantime, I'll just bask in the glow of having achieved 8% of my goal versus the June target of 5%:

Stay tuned for my upcoming July posts tomorrow.

Friday, 21 June 2013

Case study: saving money on travel

The Millionaire on Heels visits Europe

The MoH arrived back this week from an all-too-short, but well deserved European holiday.

My days of cramming into cattle class and backpackers’ hostels are long behind me.  So this post will not be about how to have a holiday on a shoestring, but how to save money and travel comfortably.

Here’s how I went about it.

Saving Money on Airfares

My favourite way to save money on airfares is to extend a work trip!  But when I need to purchase a ticket myself, I search around online.  I usually find that for international tickets, you can get a better deal on business class seats than through the airlines directly – usually at least $300 or so cheaper.

Saturday, 1 June 2013

Upcoming June posts

June is catch-up month at Millionaire on Heels headquarters.  I’ve slipped a bit in terms of my attempts to post daily.  So I need to invest some time just getting back to where I intended to be at the end of May.

I’m also planning a brief trip (or two) overseas, so I’m hoping to spend a few days away from the laptop.

So the plan for this month’s posts is a bit briefer than usual:
1 June:  Upcoming June posts
5 June:  Earning – starting a new business
9 June:  Earning – competitions
13 June:  Earning – trading
17 June:  Earning – decluttering
21 June:  Case study: saving money on travel
25 June:  Book review: Talent Economics
30 June:  June 2013 in review

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