Thursday, 31 October 2013

October 2013 in review

I ran my Millionaire by 2020 numbers today, and WOW, what a result.  One of my colleagues always says that typing in all caps is just like shouting.  And I’m definitely shouting inside now!


October came in at 13.3% versus a target of 8.3%.
 
My holiday hasn’t had much of an impact, as that money was budgeted for earlier in the year.  And staying with my family doesn’t require too much expenditure.

At this rate, I might hit 15% by the end of 2013!

November is going to be a big month for me in my day job.  So apologies in advance if you don’t see too much of me online.

Monday, 21 October 2013

Book review: Planning Your Perfect Home Renovation

Source: www.propertybooks.com.au

Planning Your Perfect Home Renovation was authored by Alex May, a freelance writer who specialises in property and design, and who has written for the Sydney Morning Herald’s Domain section and the Sun Herald.

The book aims to provide a “blueprint to a stress-free, well-planned, and well-budgeted renovation that improves the value of your home.”

The book contains 16 chapters:
  1. Introduction to renovating
  2. The buck starts here
  3. The real value of renovating
  4. Your heart’s desire: working out what you want
  5. Plans, estimates, and schedules
  6. Repairs and maintenance: make it a mantra
  7. Refurbishing

Wednesday, 16 October 2013

And the MoH 10k contest winner is …


... Helen!

Helen, I'll be in touch with the prize details.

I'll post more a bit later on the great feedback I received.

Thanks again to everyone who entered!

The MoH

Monday, 14 October 2013

Last day to enter the MoH 10k contest

Source: http://udleditions.cast.org/

There are only 24 hours remaining to enter the MoH 10k contest!

If you haven’t done so already, you need to sign up to follow the site and receive RSS feeds and then email me with an improvement you’d like to see on the site.  The best response received on or before midnight 15 October 2013 (AEST) will receive a $50 prize.

The full details of the contest can be found on http://www.millionaireonheels.com/p/win-50-to-celebrate-our-10000th-page.html.

I’ll announce the winner on 16 October.

Sunday, 13 October 2013

Renovating: walls and floors


Your walls and floors are the first thing you notice when you step inside the house.  And because of their relatively lower cost to renovate per square meter (than say a kitchen or bathroom), they can be a high value area to target early in your renovation plans.

I’ve listed a range of possible wall and flooring projects below, everything from quick fixes to major renovations.

To distinguish between them, I’ve grouped the ideas in line with the following guide:
  • $ – hundreds of dollars
  • $$ – thousands of dollars
  • $$$ – tens of thousands of dollars


Saturday, 12 October 2013

MoH 10k contest enters its final three days

Source: http://kellyskindergarten.com

Time is running out to enter the Millionaire on Heels 10,000 page contest!  If you’re planning to do so, I recommend you get it out of the way now.

All you need to do is sign up to follow the site and receive RSS feeds and then email me with an improvement you’d like to see on the site.  The best response received on or before midnight 15 October 2013 (AEST) will receive a $50 prize.

The full details of the contest can be found on http://www.millionaireonheels.com/p/win-50-to-celebrate-our-10000th-page.html.

Wednesday, 9 October 2013

Case study: landscaping


I try to do most of my own gardening.  It’s a great way to get outdoors, socialise with the neighbours, and save money, in comparison to hiring someone.

However, around once a year, I need professional assistance.  My property has lots of vines and tropical plants that grow profusely and require someone with stronger willpower than me to prune.  I always look at them after their “haircut” and think they’ll never grow back, but they recover surprisingly quickly.


I have a regular landscaper that I use.  He comes out for a day and tackles all the jobs that have built up over the past year.


Saturday, 5 October 2013

Renovating: outdoors


Given the number of people that see the outside of your house versus the inside, investing in outdoor projects can give you a lot of bang for your buck.  And living in cul-de-sac, as the MoH does, where everyone knows everyone, means spending time outside is essential.

As the weather warms up, the MoH has been contemplating a range of new projects.


I’ve brainstormed a list of possible outdoor projects below.  I’ve tried to include everything from inexpensive improvements to major renovations.


To distinguish between them, I’ve grouped the ideas in line with the following guide:

  • $ – hundreds of dollars
  • $$ – thousands of dollars
  • $$$ – tens of thousands of dollars

MoH 10k contest enters its final 10 days

Source: http://www.keepcalm-o-matic.co.uk

The final countdown is now on to enter the Millionaire on Heels 10,000 page contest.

It’s super easy to enter the contest.  All you need to do is sign up to follow the site and receive RSS feeds and then email me with an improvement you’d like to see on the site.  The best response received on or before midnight 15 October 2013 (AEST) will receive a $50 prize.


The full details of the contest can be found on http://www.millionaireonheels.com/p/win-50-to-celebrate-our-10000th-page.html.


I look forward to seeing some more new members and suggestions to improve the site.


Tuesday, 1 October 2013

Upcoming October posts


As of the beginning of October, I have about 20% of my “spending goals” budget left in my account.  As I receive my main bonus in February, I lock the money away until I need it to fund my spending goals.  Then I track any expenses related to my goals separately from my day-to-day spending.  My Millionaire by 2020 spreadsheet assumes I’ve spent the whole amount for simplicity, and to smooth any large swings due to major one-off expenditure.

The big ticket items in my spending goals for 2013-14 include:

  • Update wardrobes
  • Renovate outside entertaining areas
  • Paint inside and outside
  • Renovate kitchen
  • Renovate two bathrooms
  • Renovate laundry
  • Two week trip to US