Hi there!
Welcome to No Frills Finance, a commonsense finance blog by a twenty-something Aussie woman.
Setting financial goals within realistic and achievable time frames is a very important part of achieving your financial security and independence as a young woman in Australia.
This blog outlines my pathway into homeownership and property investment, as well as the start of my journey into the share market.
Come along for the ride and for some useful tips about saving, investing and homeownership!
I bought my first home at 23 years old.
Owning your own home has long been a pillar of the Australian dream for most people.
However, with skyrocketing housing costs and stagnant wages, it is much more difficult to break into the market particularly in Australian cities than it was for our parents and grandparents.
It is difficult but not impossible for homeownership to be a part of your plan for financial security as a young woman.
How to save money in 2022
Changing your money mindset and learned spending habits can be difficult, especially as a young woman. We’re expected to show up and look great as well.
We live in a consumerist society that encourages us to spend more on material things and save less. It even encourages us to spend what we don’t have yet *cough Afterpay cough*.
There are many small, simple changes you can make to start saving money this year.
Read my latest finance tips & tricks
- Best Veggies to grow in the backyard
There are some things in life that are worth spending money on. A backyard veggie garden, in my opinion, is one of those things. Let’s imagine if every house on your street had a prosperous veggie garden. Everyone would trade for different things and it would be an amazing haul of produce all for free.… - How will rising interest rates affect house prices?
It’s 2023 and after a long hiatus from this blog, I am back baby! And what an interesting time in the financial market it is. The rising cost of living, the interest rate hikes, and the global instability has got me and probably most average Aussies feeling a little nervous. It will be interesting to… - Rising Cost of Living
It seems like every second news story at the moment is about inflation and and the rising cost of living in Australia. Everyday items that most people need to survive like Fuel, Food, Rent, Utilities, Mortgage payments have all increased quite dramatically. Worryingly I don’t think we have seen the worst of the carnage especially… - Joining Finances with a partner
Joining finances with a partner (who is not yet a spouse) can involve different things for different people. It might mean purchasing a home together and having a joint mortgage, opening a shared bank account to pay bills, or simply having joint savings account for the future. I can honestly say I never thought I… - How much are our dogs costing us
Today in the office one of my colleagues came over to me and showed me a picture of the cutest puppy I have ever seen. “See this, we are getting this puppy for the kids, isn’t she so cute” It was a cavoodle or something along those lines and if dogs were supermodels this would… - How to create a financial independence plan
The term financial independence is defined as the status of having enough income to pay for your living expenses for the rest of your life without having to be employed or dependent on others. Income earned without having to work a job is commonly referred to as passive income. Personally, my goals of financial independence do not…