InDenialMoney.com

The second-youngest British person to win lotto spent the money on booze, two boob jobs and almost $500,000 of cocaine.

A new report has revealed that Australians are starting to cut back on luxury items including dry cleaning, expensive restaurants, designer fashion, cars and quite a few others.

Interestingly, charity has been included in this list. We donate to charities we feel passionate about because we can afford it and generally when there is a real need. I am not sure if charity should be included as I personally do not see it as a luxury.

This is a fascinating article on the super rich.
John McAfee, founder of the antivirus software McAfee was worth $100 million but the real estate and stock crash have wiped out $96 million dollars of his fortune.
if i had $100 million dollars I would be conservative, I wouldn’t spend lavishly but then again, I don’t have [...]

July 1st is the start of the financial year in Australia so this month and August is when you start to get your big bills like water, council rates, strata fees, insurance, etc. I’ll give you a break down of how much our bills are and the payment options available.
Council Rates
$978.00 if paid in [...]

Most don’t have enough super
MOST superannuation savers are heading for an impoverished retirement unless they can dramatically increase their contributions.
Even without the ravaging effects of the financial crisis, anyone who is relying on the basic 9 per cent super guarantee for their retirement savings is unlikely to accumulate enough money for a comfortable retirement.
A retirement [...]

Greg Norman raises asking price on Florida mansion
A RECESSION in the US? A real estate slump?
Australian golf great Greg Norman isn’t letting these details get in his way.
For almost two years Norman has been unable to sell the nine-bedroom, 11-bathroom oceanfront Florida mansion he once shared with ex-wife Laura Andrassy despite dropping the price tag [...]

I’ve been MIA for several months due to a variety of reasons, laziness and complacency being two of them! But I’m back now and will try to do a better job of updating this blog. I guess the best place to start would be to revisit those short-term goals I set back in July ‘08:

Move [...]