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reduce frivolous spending
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>>2091305 (OP)
It's true. A $4 coffee + A $19 avocado toast every day of the year = $8395. Can't waste money like that if you want to own a home especially in Sydney.
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>>2091305 (OP)
avocados cause most of the world's problems.
It's proven scientific fact like gender being a spectrum (XX, XY, etc., etc)
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This is like the scenario of the interviewer telling a guy that if he didn't drink a 6 pack of beer every day then he could have a ferrari by now, and he asks the interviewer where there ferrari is then. This guy didn't become a millionaire by not eating avocados.
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The guy is an idiot. Fair enough he managed to turn 34k investment into 500mil but he was given a leg up from his family by being handed the 34k which back when it was handed over in the early 2000s, it was sufficient money to cover a deposit.
Now days, lets assume that we have a partner and are saving for a house deposit. Purchase 1 $4 (wtf who pays $4 for a coffee) a day, 5 days a week and 1 $20 Smashed avo on the weekend.
5x4 = 20 + 20 for the avo.
$40 a week in singles, 80 a week for couples.
Lets assume they do this for the whole year
$2080 for a single, $4160 for a couple.
Lets put $4160 into a Term deposit for 12 months and assume what 2.7%, hell lets say 3% and all you walk away with is $31.20 in interest.
Sorry but in the 12 months, the houses at least 1 hour outside of Sydney will increase well above that.
But hey stop drinking coffee and having smashed avo and you'll be sweet.
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>>2091305 (OP)
that fucking guy there turned a small 30k loan into a fucking half a billion
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