Personal Finance

Money habits I nailed in my 20’s

Hi friends,

I’m glad a lot of you enjoyed Money Mistakes I Made in My 20’s!

Today, I’m back with another reflective post. After sharing my financial regrets, I’ll be sharing with you mindful money habits I’ve done right – from my teens to mid 20’s.

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Budgeting, Money Mindset, Personal Finance

How I Got 10% More of My Pay

Hi friends,

Recently, I discovered a way to get 10% more of my pay. Not to be confused with getting 10% more pay, I made a few simple changes over the last few months to get 10% more of what I already earn. Today I’d love to share with you how I did it, and how you can too.

It all started when I made a mindful habit of reading my payslips. One day, I realised that there was a large discrepancy between my gross income and my take-home (net) income – specificially that I was receiving about 74% of my salary in my weekly pay. To give you an idea, here’s the same percentage based on different salaries:

If your salary is $52,000, making your gross weekly salary $1000, you would be receiving a net weekly salary of $740.

If your salary is $60,000, making your gross weekly salary $1154, you would be receiving a net weekly salary of $854.

If your salary is $45,000, making your gross weekly salary $865, you would be receiving a net weekly salary of $640.

Quite a difference, isn’t there?

With some easy steps, I managed to close the gap and lessen the difference between what I ‘earn’ and what I receive. I’d like to make a small disclaimer and highlight that these were personal decisions. With that, here are the steps I took.

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Lifestyle, Personal Finance, Wedding

Creating Our Dream Wedding | Chapter 2

Hi friends,

Welcome to Chapter Two of my wedding series!

May was an expensive and eventful month, one full of wedding accomplishments. Some of these include:

  • paying off our honeymoon
  • booking our florals, lighting, decor, and photography
  • ordering my wedding dress

…And attending two amazing wedding shows!

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Budgeting, Lifestyle, Money Mindset, Personal Finance

When Shit Happens

A few weeks ago, my colleague & friend Lucius asked me, “Hey Sophia, you know your personal finance blog.. What about when shit happens?”

My response: “When shit happens? Do you mean like having money for an emergency fund?” He said yes.

So I told him I’d thought about writing about this, and the times I’d had to use mine (a brief period of unemployment, taking my car to get fixed at the expensive Mini Garage, etc). However, I was currently in a strange position as I had a large emergency fund that I was planning to use as my soon-to-be wedding fund and therefore, may soon need to start fresh. I offered, “You’re welcome to write a guest blog if you like!”

So here is the result, my friends. Please note that we have different opinions on our job, where I get to round out my financial experience in insurance, banking and tax; where we work in a tall building in my favourite suburb overlooking the Sky Tower & city skyline on one side and the majestic Mt Rangitoto & ocean on the other; where the pay is average but having a few other income streams makes it manageable; and where the job itself can be challenging (also, but less often, rewarding) but our team is amazing to work with. That being said, his thoughts are also completely true, valid, and hilarious. Enough of my rambling – enjoy!

Hello to all of Sophia’s readers. As you all might have guessed I have the fortunate “privilege” of working in a dead-end, shitty job wishing that some random shitstain would just throw you off the top floor of the excrement filled building… Motherfucker! A call centre job is not only career suicide, it presents you with constant and elevated stress due to dealing with the very dregs of society, being monitored like criminals by management, and more importantly, shit-all pay. With the cost of living only going up and the value of the dollar diminishing every year; our standard of living has been worse than it’s ever been.

Being more tight-fisted, finances has become a certain necessity for some and a daily struggle for many. Indulging in luxuries once in a blue moon could shove you into paupacy for a few weeks, while a catastrophic event like a car crash or medical condition could tumble you headfirst into financial ruin… And this is exactly why Sophia has invited me to be a guest blogger: to tell you how to prepare when the metaphorical shit/excrement/faeces/turd hits the fan.

Accidents happen, life is shit and shit happens; moral of the story is shit! Personally, when shit happens to me, it happens all at once. Not only did I crash my vehicle (my fault), the garage door malfunctioned, vehicle tyres needed urgent replacing and I had already pre-ordered re-enactment equipment that needed to be paid off that week. Fortunately, I was able to and am still able to pay these off and multiple times over should I need to. You can budget wisely and save to prematurely prepare for said unforeseeable event(s) that would put many ordinary civilians into crippling debt. I call it: managing micro-transactions.

Sun Tzu (shitstain) once said that the leadership of many is the same as leadership of a few; it is only a matter of organisation. Believe it or not, the management of micro-transactions can make the difference between having a safety net to fall back on or hanging yourself with your neighbour’s extension cord that you had to “borrow” due to financial depression. Saving a small sum on hundreds of small transactions can be much more effective than saving on big ones; the key point is to live within your means. I’m not here to tell you about how to manage your fixed costs, but to educate you wretched shits by how you can save over the long term by breakdown down your variable costs. Let me give you a few examples:

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Budgeting, Lifestyle, Personal Finance, Wedding

Creating Our Dream Wedding | Chapter 1


Hi friends,


It sounds fancy and official, but really, it’s a practical and sentimental record of our wedding planning journey – a diary to share my inspirations, reflect on in the future with sweet nostalgia, and of course, keep ourselves mindful with money. I’m excited to share with you every part of this journey – of creating our dream wedding that will be both magical and money-conscious.

This month, we:

  • went to a gorgeous wedding open day
  • started making a financial plan for funding our big day
  • started requesting quotes on florals, lighting, photography & more
  • booked our wedding venue!

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Budgeting, Money Mindset, Personal Finance

How I Save Money on an Inconsistent Income

Hi friends,

Today I’d like to share with you how I save money on an inconsistent income. Just a few years ago, I’d rely on $1400 to hit my bank account every fortnight – and it did, each and every fortnight without fail. Even then, my income regularly fluctuated because I volunteered for so much overtime and, twice a year, received a performance bonus – but it was positively inconsistent in that I could always rely on at least that amount or more. It was blissfully easy to budget.

Fast forward to 2019, and I’m sure those of you who are freelancers, self-employed, contractors, or run a side business can relate to earning a wildly inconsistent income. It started in 2018, when I had six sources of income, one of them being a part-time job that would give me 21 hours one week, 4 hours the next; another being photography, where one month I’d shoot two events and others where I’d shoot none.

Here’s a snapshot of my income now:

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Budgeting, Personal Finance

How I Saved $232 a Month While Looking for a Job | One Year Update

Hi friends,

A year ago, I wrote a blog called ‘How I Saved $232 a Month While Looking for a Job. It was well received, and I was especially delighted to hear from others who could relate to my situation of saving money through big life changes (whether or not they were job related)!

The six expenses I cut or reduced were:

  • Spotify Premium
  • LinkedIn Premium
  • Mobile phone data
  • My gym membership
  • Office 365
  • My mortgage payments

Of these I have four updates to share, so today I’d like to share with you how I’m doing one year on.

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