Never be broke again: how to avoid being poor

Photo by Francesco Tommasini on Unsplash

“What’s your power bill worth?” my neighbour asked me. He lives opposite me across the landing, and I’d just dropped off a newsletter I’d made offering my friendly neighbours my help.

After some information sharing, it turns out he was paying close to $700/quarter — more than double my electricity bill. “I’m a fairly frugal user,” I said. Next he asked me if I kept the heater on all night; and it was then I realised he perhaps didn’t really get what I meant about being frugal.

I hear constantly on the news, in conversations, and across the internet about ‘cost of living pressures’ and how much everyone is struggling. And here’s the thing about that:

I totally can’t relate!

Right now all kinds of assumptions may have come to mind about me…

· Rich parents

· Married into wealth

· High paid job

· Shareholder or Bitcoin trader

· Tax dodger

· Got a fat inheritance

· Raked it in during the property boom….

But none of those things are true. Not a single one. In fact, I earn less than 50% of Australia’s median wage, which technically puts me on the poverty line. That may leave you…