Dragging my heels on getting my first aviation job, and ending up spending over $300,000 AUD on flight training and aircraft rentals. If I had of pushed myself out of my comfort zone and gotten a job earlier, I could have avoided a lot of this expense which could have been invested. Oh and, buying farm pride shares (egg farmer in Australia). Lost 50% of my nest 'egg' haha
a few of the most influential people from early in my journey include Scott Pape, Dave Ramsay, Robery Kiyosaki, Vicki Robins, Pete Adeney, JL collins and I am pretty stoaked to discover Jonathan Clements and get stuck into his books next!
When I graduated as a commercial pilot I suddenly had excess money - forced me to take an interest in finances. It sent me down the rabbit hole of reading and I picked up the barefoot investor and rich dad poor dad, which really blew my mind and got me super interested.Started out stock picking, actively managed funds, making all the mistakes haha. 200 books, countless blogs and podcasts later, I now follow a very basic indexing approach and use that effort running my own business to try and build more capital instead!
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Dragging my heels on getting my first aviation job, and ending up spending over $300,000 AUD on flight training and aircraft rentals. If I had of pushed myself out of my comfort zone and gotten a job earlier, I could have avoided a lot of this expense which could have been invested. Oh and, buying farm pride shares (egg farmer in Australia). Lost 50% of my nest 'egg' haha
Post: What do you consider your greatest financial mistakes?
Link to comment from June 20, 2023
Trust structures
Post: What financial topic do you find most confusing?
Link to comment from June 20, 2023
that compound interest can rule your lifestyle, either for the better or the worse!
Post: What’s the most important financial concept?
Link to comment from June 20, 2023
Momento Mori - We will all die
Post: What’s your favorite financial quote?
Link to comment from June 20, 2023
a few of the most influential people from early in my journey include Scott Pape, Dave Ramsay, Robery Kiyosaki, Vicki Robins, Pete Adeney, JL collins and I am pretty stoaked to discover Jonathan Clements and get stuck into his books next!
Post: Who has had the greatest influence on your financial thinking?
Link to comment from June 20, 2023
Heck no!
Post: Does it ever make sense to carry a credit card balance?
Link to comment from June 20, 2023
I think its worth giving it a go to start off with, but a much more powerful technique is to track your spending (and write it down) for a few months
Post: Should folks create and follow a written budget?
Link to comment from June 20, 2023
RM williams leather craftsman books Nutrabullet Ninja blender iPhone Bose QC35 noise canceling headset 1000TC linen sheets
Post: What items would you happily buy even if they were twice the price?
Link to comment from June 20, 2023
Spending on Food, and especially on food to share with good company!
Post: What spending brings you greatest happiness?
Link to comment from June 20, 2023
When I graduated as a commercial pilot I suddenly had excess money - forced me to take an interest in finances. It sent me down the rabbit hole of reading and I picked up the barefoot investor and rich dad poor dad, which really blew my mind and got me super interested.Started out stock picking, actively managed funds, making all the mistakes haha. 200 books, countless blogs and podcasts later, I now follow a very basic indexing approach and use that effort running my own business to try and build more capital instead!
Post: How did you get started as an investor?
Link to comment from June 20, 2023