The Skinny on Student Loans

My wife and I were conducting a financial workshop at a university a few months ago. One of the questions I asked was, “Is a student loan good debt or bad debt?” Some said that it was good debt because the end result was getting a degree, which would land them a job. Another person said that it was necessary debt, because how else would they get a degree? I told them it was bad debt. By the look on […]

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Travelling Light

We recently arrived in Perth after spending a few months in Auckland, Whangarei and an extended time in Brisbane. Each time we had to pack up everything we owned. Whenever we travel we don’t take a lot of stuff. Of course, that would depend on how you compare us with others because we are a large family. Everything needs to fit in suitcases, we don’t take anything extra. When we are at the airport our luggage takes up at least […]

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New Book is Here!

Click Here to Get the Book   I reached financial freedom a few years back and I have written a book about it. I thought the book was pretty good, but it was terrible. It was all over the place. There were redundant sentences, bad grammar and rubbish dressed up to sound like something useful. All in all, it wasn’t good enough to throw in the trash can. What to do? Give up? Pay someone to do it for me? […]

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Where’s the Exit?

I made a mistake with my furniture business (actually, I made lots of mistakes) by not having an exit plan. That doesn’t mean adhering to safety regulations and assigning exit designations in case of an emergency (I don’t think we measured up). I mean, what is the plan for exiting (selling) the business to get the best profit. There was a time when it would have been great to sell the business. The economy was doing well. The business was […]

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The Dangers of Early Retirement

It has been ages since I last wrote a blog post. We left Brisbane in December and it is now nearly June. I had thought that I would be in holiday mode for just a few weeks, but I have overextended my laziness. It is true that when you are retired you can do whatever you want, but who really wants to sit around and do nothing all the time. I want to be able to make some sort of […]

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Are You the Real Deal or Just Show?

We had been invited to lunch. This was a normal experience for us to be invited out for lunch in China. It was a really nice restaurant and the dishes were good without being memorable. Then a dish came out with some mystery looking meat and there were bits covering parts of it. As it got closer I could see that those bits were scorpions. There must have been like 20 or so scorpions on that dish. I had never […]

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DIY Savings: Big Beautiful Doors

I was in New Zealand a week or so ago sorting out the electrical wiring issue at our rental place. I saw these beautiful doors that I had installed (ahem, yes that was me. Picture above) and it reminded me why I like doors, especially big ones. That sounds strange. Let me explain. In our second house, we had a large lounge and bedroom on the lower level that was accessed by a really strange u-turn hallway through a concrete […]

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Storage of All Our Worldy Possessions Under the House

When we were planning to convert our house into two units we had to leave access to the wiring and plumbing under the house. The existing access was through “the little red door” which led to a great workshop (man space). Most of the space was going to be transformed into a bathroom for the downstairs unit, but we were able to leave a shelved corridor with access to the rest of the under house. It was a shame to […]

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Living in a Warehouse

We enjoy living in a house, but we haven’t always had that luxury. A few years ago we used to live in a warehouse (That is the one in the picture above. The flash part). At the time, we were living in a nice (nice as in nice and big) 6 bedroom house that we owned. My old man used to sell 4x4s at a car yard he rented. It was a bit of a cruddy place, but it did […]

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Get the Financial Freedom Secrets Book FREE!

The Financial Freedom Secrets book reveals the general principles to gaining early retirement. My name is Dave Coss (aka Cossack). We have five young children and have traveled and lived in many countries. We mostly lived on a single below-average wage, yet we are wealthy and financially independent. How is that possible? I wasn’t entirely sure myself, but in studying what we had done, I have figured out that anyone can do it. We have done things a little differently […]

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