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Mortgage Over Relationship

In an article I saw the average size of mortgages in Australia had hot an all time high. The average loan was for $367,000. My mind can’t even comprehend a loan that size or how you’d repay it. That’s more than our whole house cost! In December last year it was reported Australia had overtaken USA as the country building the largest houses. The trend is towards a family room, home theatres, parent’s retreats etc. The average size of the Aussie home according to experts is now 215 square meters which translates to around 23 square feet. But that’s the … Continue reading →

Can You Live on One Income? Taxes Explained

The decision to live on one income is a big one. You may have to cut back drastically on your expenses, such as giving up a cell phone or a car. But for those who dream of having one person stay home, the sacrifices can be worth it. In fact, living on one income may actually make you healthier, despite the reduction in income. How do you know if you are in a position to live on one income? Let’s take a look. The way to approach the question of being able to live on one income is to calculate … Continue reading →

Finding a Frugal Community

When it comes to living a frugal lifestyle, it is nice to have someone in your corner. Like-minded people can help each other out with support and shared resources. It is wonderful when a friend of yours can get excited about a thrift store find and offer you new ways of saving money. Without that support, your frugal living could be sabotaged. Sometimes you get lucky and move into an area that is made up of frugal people, and sometimes it is just the opposite. In our extended neighborhood, the first impression is that no one is very frugal. Moms … Continue reading →

Frugal Living Week in Review: March 10th Through March 16th

Do you know how to cut your grocery bill? What about practicing debt management? With these uncertain economic times, it is important to save money and resources where you can. I hope that the past week’s frugal articles will help you to accomplish some great saving goals. Here is the Frugal Living week in review for March 10th through March 16th. March 10th Frugal Bunny Costume Want a great idea for Easter? Why not make up a frugal bunny costume with no sewing involved at all? Frugal Living Week in Review: March 3rd Through March 9th Do you know why … Continue reading →

Debt Busters: Two Mistakes that Everyone Makes

If you want to live a life that is as debt free as possible, avoid the following two mistakes. They are very common problems, or should I say ways of thinking, that lead to increased debt. Don’t get caught in these traps. The first mistake is to believe that money or things equal happiness, beauty, popularity, etc. Things are just thing. Now, we may all say that money doesn’t equal happiness as a philosophy, but just how much does that hold up when you are staring at ads for the latest high definition television, video game system, new car, shoes, … Continue reading →