...two three, wuh!
Sorry, that's military drill, some habits are hard to shake! But lets face it, everything pretty much seems to run by the numbers. Marks to get into university, dollars paid in tax and saved in super, mortgage repayments, plus funds to bankroll the all important renovation. Which, as I promised last week, I would cover off on today in the first of our new Friday Five Minute Finance time slots.
Everyone starts a renovation with a budget, and we were no different, however our renovation funds were to come completely from savings with no borrowings included in our planning. This was an important aspect to manage, in terms of controlling costs tightly, as once the funds were gone they were gone and we weren't borrowing additional funds to chase cost overruns. Thankfully I kept a pretty detailed spreadsheet, which I'll draw on soon to illustrate where the funds were allocated and where they were spent, and Kate and I love a good bargain so we made the most of trying to save where possible. Another key aspect was this is not our forever house, it's the learning house, so we weren't shelling out for top of the range over the top pricey pieces in terms of any fit outs, appliances and hardware.
All in all the best laid plans of mice and men came up across the regular 'unexpected' emergencies. You know, the things you know you need to budget for, even though you don't know what they are yet... which is why you should always allow a buffer of 10% to 20% when allocating dollars to projects and tasks. We did that, and it was largely eaten up by the first unexpected hurdle we encountered... But overall how did key budget aspects work out compared to estimates...? Check out these cool pie graphs below to find out (I haven't had this much fun with graphs since primary school ;-)
Electrical was a huge budget burner. While we expected there might be some surprises, we didn't expect the house to be unearthed - you can read about that high voltage near miss here. Our electrical estimate was approximately $1,900 versus an actual expenditure of $4,210 (and counting since the fuse box needs updating...). Quite significant when our contingency budget overall was approximately $4,000 in total.
Our other big cost blow outs were the bathrooms, but at the same time they could have been much worse. My estimates were based more on a cosmetic refresh, planning the renovation in isolation from the east coast of America, whereas in actual fact things were a lot worse than they seemed from memory and recent pictures. That's just life though when the ol' girl was built in March 1957 and the last bathroom refresh was in 1975! And when I say it could have been worse, I mean that when we realised we needed to do a 90% gut and refit in each bathroom, we did it properly but without going overboard. Estimates for bathrooms range from $10,000 (for an ensuite) to $25,000 (for a main bathroom). We were pretty chuffed to pump them out for $5,900 (the girls bathroom) and $6,700 (for the master bathroom). How did we do this? By doing all the gut and demolition work ourselves (huuuuuge labour saving), and all the painting ourselves. You can see the finished bathrooms here and here, but to refresh your memory here is a snapshot of the difference below...
So how did we achieve our savings when we had overruns in other areas? By robbing Peter to pay Paul, and concentrating on...
a) areas that had to be done,
b) items that would add value to the property overall, and
c) getting multiple quotes and following word of mouth leads to get expert help when required.
Take the front and back stairs for example. They had to be done. Could I do them? Maybe. How long would it take? Weeks most likely. Our quotes ranged from between $14k and $17k - and that was just to do the stairs!! In the end we got a top quality job done front and back for around $9k, which you can read about here and even better the job was complete in four days. Likewise for the carport replacement, we were quoted from $8k to $20k (double carport vs double garage shed) - in the end we got the job done with some tradies, elbow grease and a bit of shopping around for ~$2,300! Sometimes it just pays to shop around.
Some other helpful hints for meeting budget pressure points is knowing what you are good at, and what you can do versus what you think you can do. The tradies we got to know well all made the same common point - you'll save more money by doing the demolition work and shit jobs yourself, and by paying the tradies to do a skilled job quickly. Yes you probably can dry sheet a room in seven days on your own, but your tooled up tradie can probably do it in a day and a half. Remember if you are realistically capturing costs, you have to put a price on your time as well.
And my final finance tip for helping your budget meet its bottom line; good manners, cups of tea and/or a cold drink. It's amazing how the simple gestures in life can establish good working relationships, better quality work, and good outcomes for both the renovator and the tradesman.
So how did we go overall with the budget? Like I said, we robbed Peter to pay Paul, so a lot of the money we had budgeted for on outdoor areas like the carport and landscaping, were consumed on the big items already mentioned. We allowed a 10% contingency, and we came in 11% over budget, drawing on additional savings from investments. The landscaping that didn't get done inside the budget will be tackled as time and funds become available. All in all not too bad an outcome.
Anyway, that's it for this Friday's Five Minute Finance - next week I'll be covering off on another important subject near and dear to everyone's finances - Insurance! Until then I'll leave you with this 'spot on the money' quote from Grand Designs Kevin McCloud...
"Contain your budget and contain your ambition, allowing yourself up to 20 percent contingency fee on the project. If you don't spend it on the house, you can spend it on sofas and a holiday at the end; you'll need it."
Go you good thing!
Cheers, Col
Friday, 11 October 2013
Wednesday, 9 October 2013
A very different and personal blog post today...
..spreading awareness of a disorder called P.A.N.D.A.S Paediatric Autoimmune Neuropsychiatric Disorder Associated with Streptococcal also known as/similar to P.A.N.S - Pediatric Acute-onset Neuropsychiatric Syndrome
Today, 9th October in the USA is National P.A.N.D.A.S/P.A.N.S Awareness Day in many states. For months, US parents and caregivers who currently have or have had a child/children affected by this disorder have been lobbying their local representatives to get this day of awareness recognised. So far at least 22 States have been successful in getting the 9th Oct declared as P.A.N.D.A.S/P.A.N.S Awareness Day.
This is the hardest post I have ever written. Because with each word I type it brings back every.single.memory of what we as a family went through 2 years ago in the USA. For us the devastating effects of this disorder only lasted 6 weeks from start to finish, we were lucky...very lucky. Many families go through this for years, sometimes it's months or years before they even get a diagnosis, but with further research and awareness we are all hoping that children can be diagnosed quicker and therefore lessen the degree in which their brain has been affected and has to heal from it.
So what is it and why am I talking about it? Well truth be told I should have been talking about it a long time ago and I should be more active in helping the cause as this has affected us personally. But information here in Australia is scarce and awareness may not be anywhere near as big as in the States. So that's why today we are dedicating our blog post to P.A.N.D.A.S Awareness and telling our story.
As soon as we were back in America the behaviours got worse and worse. Her writing was so poor we could barely understand it and she stopped drawing all together. She began to show an immense dislike to me and often expressed her thoughts of wanting to hurt me, or throw me down the stairs. We were lucky that she never mentioned her little sister in any rages. She seemed to have no aggression towards her and for that we were grateful. But there came a point where Col was thinking he and Poppy would move out for a bit to be safe, as the family was crumbling around us. You could never quite tell what she was going to do. After being home for 4 days (we are now 3 weeks into the exacerbation) we got her in at the doctors, I mentioned P.A.N.D.A.S to the doctor and although she hadn't heard of it, as pure luck would have it her colleague had read an article about it the week prior. They did a strep rapid test - negative - and blood tests to show for strep titers, (often the culture can be negative but the strep shows in their blood). They agreed to start her on anti-biotics straight away as a precaution and waited for the blood results. The titers also came back negative but the doctor agreed for us to stay on the a/b's for 14 days to see if it helped. But they immediately ruled out a P.A.N.D.A.S diagnosis due to no strep.
What followed from here were a series of issues that each brought more mystery to the case. She was referred to the Neurology dept at our local hospital the great Hershey Medical Centre. The main specialist straight away ruled out P.A.N.D.A.S. and refused to get into conversation about it. She ordered MRI's as they thought it could be a brain tumour that was causing her change of personality. It was clear. They did loads of blood tests testing for umpteen diseases - all clear. She said what she was seeing isn't typical and because no infection or disorder/disease could be found it had to be a psych issue and referred us to the psychiatric team. I also privately took her to a psychologist too to see if they could shed light on it. The psychologist immediately ruled out any psych issues and said if it's not P.A.N.D.A.S I have no idea what it is. It felt like we were going round in circles.
The psych team at Hershey saw her once and were very blunt about things, they said I can't see how this is a psychiatric issue, she doesn't show the typical symptoms and the sudden onset was unusual. They were so impressed with her knowledge and mind that the doctor said this girl is going places, I expect to see her in government when she is older. They wanted to see her again the following week, but basically said they think it was indeed P.A.N.D.A.S. A day or so later I went into her room to check on her like we do every night and she was having a seizure. I thought it was a fever fit as she has had them before and although I thought she had out grown them I took her temperature and it was very high. I rang the hospital and she was immediately admitted for more tests. The same neurologist went to town on her, they agreed that it could be a fever fit but they said it was highly unusual for 7 year olds to still be having fever fits, and with everything that had gone on they had to check it all again.
PANS is a clinical diagnosis. The following is the ”working criteria” as listed in Dr.Swedo’s paper on PANS:
Today, 9th October in the USA is National P.A.N.D.A.S/P.A.N.S Awareness Day in many states. For months, US parents and caregivers who currently have or have had a child/children affected by this disorder have been lobbying their local representatives to get this day of awareness recognised. So far at least 22 States have been successful in getting the 9th Oct declared as P.A.N.D.A.S/P.A.N.S Awareness Day.
This is the hardest post I have ever written. Because with each word I type it brings back every.single.memory of what we as a family went through 2 years ago in the USA. For us the devastating effects of this disorder only lasted 6 weeks from start to finish, we were lucky...very lucky. Many families go through this for years, sometimes it's months or years before they even get a diagnosis, but with further research and awareness we are all hoping that children can be diagnosed quicker and therefore lessen the degree in which their brain has been affected and has to heal from it.
So what is it and why am I talking about it? Well truth be told I should have been talking about it a long time ago and I should be more active in helping the cause as this has affected us personally. But information here in Australia is scarce and awareness may not be anywhere near as big as in the States. So that's why today we are dedicating our blog post to P.A.N.D.A.S Awareness and telling our story.
We moved to the USA in November 2010. Sasha was 6.5 years old and was starting in the middle of Grade 2; she went to a typical all American School starting in January 2011. She had always loved school but something was different here, she didn't seem to enjoy going and had huge separation anxiety issues, something we had never seen her have before...ever! Of course we had just moved from the other side of the world leaving all our friends and everything she was familiar with, and she had skipped half of the year too so we put it down to the stress of the move and schooling being very different. It continued for the following few months, lessening slightly, but she never seemed truly happy there. It baffled us, but as we were not entirely happy with the school system anyway we made the huge decision to home school her from August that year for the rest of our time in the USA. We pulled her from school just before her 7th birthday in May and went to the UK for 6 weeks for summer. In the run up to all this happening we had noticed that she was washing her hands a little bit more than usual and also that she was going to the toilet far more than usual, again we honestly thought nothing of it at the time (more noticeable in hindsight) and again put it all down to stress. Other than these things she was her normal, polite, creative, happy little self.
During the first 3 weeks in the UK we had all noticed the constant hand washing and my mum and I immediately thought she must have a touch of OCD, why?...we had no idea, but again we put it down to the move and the fact that she was now in the UK and maybe this whole move and holiday were a bit much for her. Obviously looking back we should have known it was something crazy as our Sasha is the most adaptable level headed little girl we know. But it is all very hard to put a very blurred two and two together when you really have no idea if it really is two and two that you are looking at.
Into the 4th week of our trip, one morning she woke up grumpy and frustrated. Totally unlike her but again we thought it may be due to late nights, no routine, different surroundings etc. There was always an excuse that we could think of, had we have been back in Australia and hadn't had all these extra, 'abnormal' things going on we may not have kept assuming it was other things..who knows. After breakfast that day I asked her to write a thank you note to someone, something she does every time she receives a gift. She refused point blank. With the straightest look on her face she said I am not saying thank you anymore because I no longer believe in the word. Of course I was furious and tried to make her see sense but she just dug her feet in more. I had never seen her like this, at all. She, like any other child, can have her moments but nothing so calculated and totally absurd. I continued to try to make sense of it but she just kept repeating over and over that she no longer believed in the word thank you, soon she began adding sorry and other words to her new vocabulary, or lack of. I had never seen such bizarre behaviour and told her off and sent her to her room, she went off and sat there refusing to change her mind.
This was the start of 6 long weeks of insanely odd behaviour. She started to believe that if she sneezed, her germs would kill everyone in the house...she was hysterical. She began scrubbing her hands like they were covered in poison. The more we tried to calm her the more aggressive and unruly she became. It was scary. The next behaviour that entered the scenario were the rages, they were fierce. She was totally overtaken by them and there was no calming her. She would tell me that she didn't love me anymore and at this point I knew deep down something awful was going on, but we all still just kept thinking it would change and that for some strange reason she was just playing up. What helped us come to that conclusion is there were times where she was almost her normal self, and anyone from the outside looking in would have thought she was just an average, albeit not so chatty, 7 yr old. But to those closest to her we could all see it. The child we knew, went to sleep a week ago and woke up the next morning as a different person.
This was the start of 6 long weeks of insanely odd behaviour. She started to believe that if she sneezed, her germs would kill everyone in the house...she was hysterical. She began scrubbing her hands like they were covered in poison. The more we tried to calm her the more aggressive and unruly she became. It was scary. The next behaviour that entered the scenario were the rages, they were fierce. She was totally overtaken by them and there was no calming her. She would tell me that she didn't love me anymore and at this point I knew deep down something awful was going on, but we all still just kept thinking it would change and that for some strange reason she was just playing up. What helped us come to that conclusion is there were times where she was almost her normal self, and anyone from the outside looking in would have thought she was just an average, albeit not so chatty, 7 yr old. But to those closest to her we could all see it. The child we knew, went to sleep a week ago and woke up the next morning as a different person.
From here on out for 5 weeks I researched day and night trying to find what the heck might have been going on. I originally thought it had to be OCD and/or behavioural issues, caused by something that we had not realised. I even ordered children's books on OCD and had successfully managed to get Sasha to concentrate on them a little to see if that would help. It kept her attention but nothing changed. I had already happened upon a small article on P.A.N.D.A.S but for many reasons dismissed it initially. The articles I had seen had said straight up that the child would have a sore throat, due to the strep. And she hadn't been sick at all. Poppy had but at the time we would never have connected the two.
For the rest of our time in the UK we had to walk on egg shells with her, it was awful. We know now that she had no control over what she was saying or doing, but back then we still all thought she must just be being naughty, and it's something we all feel deeply, deeply sad about, we blamed her and I will never forgive myself for it. Col had already flown back to the USA so I dreaded the flight back on my own with Poppy Mae and this child who I no longer understood. Luckily she was not too bad on the way back, by now I had pretty much learnt not to ask her anything or try and make any kind of emotional conversations as she just couldn't handle it. So we were pretty silent for the 7 hour flight home.
A sample of her writing 2 months prior to onset
Samples of her writing during the exacerbation
What followed from here were a series of issues that each brought more mystery to the case. She was referred to the Neurology dept at our local hospital the great Hershey Medical Centre. The main specialist straight away ruled out P.A.N.D.A.S. and refused to get into conversation about it. She ordered MRI's as they thought it could be a brain tumour that was causing her change of personality. It was clear. They did loads of blood tests testing for umpteen diseases - all clear. She said what she was seeing isn't typical and because no infection or disorder/disease could be found it had to be a psych issue and referred us to the psychiatric team. I also privately took her to a psychologist too to see if they could shed light on it. The psychologist immediately ruled out any psych issues and said if it's not P.A.N.D.A.S I have no idea what it is. It felt like we were going round in circles.
The psych team at Hershey saw her once and were very blunt about things, they said I can't see how this is a psychiatric issue, she doesn't show the typical symptoms and the sudden onset was unusual. They were so impressed with her knowledge and mind that the doctor said this girl is going places, I expect to see her in government when she is older. They wanted to see her again the following week, but basically said they think it was indeed P.A.N.D.A.S. A day or so later I went into her room to check on her like we do every night and she was having a seizure. I thought it was a fever fit as she has had them before and although I thought she had out grown them I took her temperature and it was very high. I rang the hospital and she was immediately admitted for more tests. The same neurologist went to town on her, they agreed that it could be a fever fit but they said it was highly unusual for 7 year olds to still be having fever fits, and with everything that had gone on they had to check it all again.
This is what 2 weeks of 'we don't know what's wrong with you' hospital notes look like.
She had more blood taken, urine samples, CT scans, throat cultures, and a spinal tap and saw about 10 different doctors over the course of the next 2 weeks. The spinal tap was awful and she didn't recover properly, it left her with a spinal headache. In other words a severe migraine-grade headache that, every time she moved even the smallest bit she would vomit and scream in pain. They told me to give her ibuprofen every 5-6 hours and after 2 days with no change she was admitted again so they could administer IV caffeine (the best cure for spinal headache) and IV fluids as at this stage she hadn't eaten or drank at all, it would just come back up. She was taken off the a/b's but had at this point had at least 10 or so days worth, and was kept on the ibuprofen until she was completely over the headache, about another 3 days. During this hospital stay we had begun to notice a small change in her, it was only slight, but it was there, a glimmer of her old self, she was more interested in things, she was being nicer to me and she just looked a bit more relaxed than she had been. We didn't want to get our hopes up, but I remember ringing my mum and saying I think something's changing!
A few days later just before her second psych appointment she woke up and she was literally back to normal! As hard as it is to believe it was literally like that. A gradual change in the 3 or so days running up to it and then suddenly it was all gone almost as quickly as it had arrived. We still took her to the psych appointment where the doctor was totally amazed to see the dramatic change. She asked her all the same personal questions as before and all the answers were now different.
Q- Do you love your Mummy? Previous answer NO! Now - Yes of course I do why wouldn't I?
Q- Do you enjoy being at home? Previous answer NO! Now - Yes I love it.
Q- Do you want to hurt Mummy? Previous answer Yes! Now - No I would never. And she ran and gave me a hug. Something she hadn't done for weeks.
At that point the doctor smiled and said yup she sure is fixed, I didn't fix her but I am sure as hell glad something did.
The conclusion from the psychiatric side of the house was that it was P.A.N.D.A.S although no-one could explain the lack of strep in her system. (We now know that it can be caused by many and varied bugs, and sometimes just when the child has been exposed through contact with someone else, so they might not even have any symptoms themselves). This is now known as P.A.N.S As for the neurologist, she never concluded that it was P.A.N.D.A.S but that it was - an inflammatory brain response to an undiagnosed and undetected bug - so basically P.A.N.S. She believes she was cured through three simple things, the fact that I got on to it immediately and never gave up, that our doctor was good enough to prescribe anti-biotics as a precaution and that they were prescribed so quickly after it started and lastly the reaction to the spinal tap. Ibuprofen has been proven to reduce brain inflammation and so in Sasha's case the spinal tap was a horrific but necessary blessing in disguise.
I will not go in to heaps of detail about the illness or treatments here as it is a very, very complex issue with many variables and vast treatment options, and I am no expert. Remember we caught it early and so were very lucky that two simple treatments fixed her and fixed her quickly.
But as a quick explanation as to why it occurs, in the case of strep for example, your body produces antibodies to attack the strep but instead of getting to work on the strep itself (as they do on most people) in P.A.N.D.A.S cases the anti bodies attack your brain instead.
I will share some links at the bottom of the page so anyone interested can look up far more detailed information, but for now as a basic outline here are the key criteria symptoms associated with P.A.N.S. (It is very similar to P.A.N.D.A.S)
I have highlighted Sasha's symptoms.
- Abrupt, dramatic onset of obsessive-compulsive disorder or severely restricted food intake.
- Concurrent presence of additional neuropsychiatric symptoms, with similarly severe and acute onset, from at least two of the following seven categories:
Anxiety
Emotional lability and/or depression
Irritability, aggression and/or severely oppositional behaviors
Behavioral (developmental) regression
Deterioration in school performance
Sensory or motor abnormalities
Somatic signs and symptoms, including sleep disturbances, enuresis or urinary frequency - Symptoms are not better explained by a known neurologic or medical disorder, such as Sydenham chorea, systemic lupus erythematosus, Tourette disorder or others.
As hard as this has been to write, I am so glad Col encouraged me to do it. If this helps just one family, be it now or in a years time when a reader see's a child or family going through this living hell, maybe they will help them out of the nightmare they will find themselves in, by recalling the information I have shared.
Back when this disorder was almost unheard of, there was a boy called Sammy. He had PANDAS but no one knew it, his mum tried tirelessly to help her son who was becoming so bad he could barely walk across a room due to his uncontrollable OCD and tics. I won't go into any more of their story here, it's theirs to tell, but without Sammy and his mum's tireless efforts spreading the word we may never have had such a swift outcome for our Sasha. So with thanks to them and all the other families who have shared their knowledge and stories ...this is me adding my teeny tiny piece to the puzzle.
Kxx
Monday, 7 October 2013
Monday Slideshow (Oct #1)
It was a public holiday here today, so we were very close to having a day off from the blog (after all even the food stores were closed today here in the Ville - wtf is that about?) but at the last minute I decided to do a very quick M/S about the fly-by of the FA-18's today on The Strand (our seafront) here in Townsville.
We had an appointment at 10 this morning, so we rushed through it so we could head down to the ocean to see the action at 10.30. We are so glad we made it, it was AWESOME!!! It was only one plane and it lasted for less than 10 minutes but OMG it was sooooo cool. The guys that fly these machines are up in North Queensland on Exercise Black Dagger at present and so us Townsvillians were hugely lucky to be able to watch them perform a spectacular display. In fact, it was so good we immediately cancelled our plans to drive north to a lovely little beach for the afternoon, and decided to have brunch and hang out at The Strand all arvo so we could see them again at 1.30pm. Sasha found the noise wayyyy too loud, the poor little sensitive soul, and although she said she loved seeing it, the noise made her feel nauseous. Poppy however...well, take a look for yourself...
She totally LOVED it. This is the girl who used to cry and beg for us to move back to America on a weekly basis (currently it has lessened to about once a fortnight), she turned to us as the first fly-by had rumbled past, "Ok Mummy I love it here now, because of these planes, and after all I don't want to move back to America" It was the cutest thing for us to hear.
It wasa great, honestly great really doesn't cut it, an AMAZING display and we (and the thousands of others with their eyes-to-the-skies on The Strand this morning) loved it. And it really did show, as the 4TOFM radio station so aptly states, ...The true magic of living in the Australian garrison city!
We had a great 30 sec snippet of footage that Col had taken on his phone for you as well as my above pictures, but somehow his phone decided to crap it pants as we downloaded them to the laptop, and as much as I have tried to fix it I cannot get it to play. So we have linked up here to the 4TO FM site and you can click on over to see a snippet that they have posted. Thanks 4TO!
And thanks goes to the airmen and women from 3 Squadron, Royal Australian Air Force, for your time both today, and for your ongoing service to our fine country.
K xx
We had an appointment at 10 this morning, so we rushed through it so we could head down to the ocean to see the action at 10.30. We are so glad we made it, it was AWESOME!!! It was only one plane and it lasted for less than 10 minutes but OMG it was sooooo cool. The guys that fly these machines are up in North Queensland on Exercise Black Dagger at present and so us Townsvillians were hugely lucky to be able to watch them perform a spectacular display. In fact, it was so good we immediately cancelled our plans to drive north to a lovely little beach for the afternoon, and decided to have brunch and hang out at The Strand all arvo so we could see them again at 1.30pm. Sasha found the noise wayyyy too loud, the poor little sensitive soul, and although she said she loved seeing it, the noise made her feel nauseous. Poppy however...well, take a look for yourself...
She totally LOVED it. This is the girl who used to cry and beg for us to move back to America on a weekly basis (currently it has lessened to about once a fortnight), she turned to us as the first fly-by had rumbled past, "Ok Mummy I love it here now, because of these planes, and after all I don't want to move back to America" It was the cutest thing for us to hear.
It was
Whooohey CHICKEN!!
We had a great 30 sec snippet of footage that Col had taken on his phone for you as well as my above pictures, but somehow his phone decided to crap it pants as we downloaded them to the laptop, and as much as I have tried to fix it I cannot get it to play. So we have linked up here to the 4TO FM site and you can click on over to see a snippet that they have posted. Thanks 4TO!
And thanks goes to the airmen and women from 3 Squadron, Royal Australian Air Force, for your time both today, and for your ongoing service to our fine country.
K xx
Friday, 4 October 2013
Friday’s Five Minute Finance
“Plans are worthless; planning is everything.”
(General Eisenhower)
Go you good thing!
Cheers Col
For the last 21 years I have been
working in the Australian Army, but now I find myself in the middle of transitioning
careers from strategic planning in Defence, to strategic planning in
Finance. To do so has meant studying post
graduate qualifications in my spare time (starting two years ago) and then
tying that into practical experience in the finance industry, learning the ropes
from the ground up. Of course this is not from a standing start, having been
interested in financial planning and all things finance related for the last 10
years, not to mention the practical aspects of building our own diversified
investment portfolio. But in essence I'm moving from this type of workplace...
to this type of workplace...
(OK so maybe that's stretching the truth a little but you get the idea ;-)
In all the finance and investing reading I have done
over the years, not to mention the reams of study material I have been working
through the last three years, it becomes exceedingly obvious that I am only
just scratching the surface of the knowledge that is available out there. And, the
complexity of some of the subject matter within financial circles can at worst confuse people, or at best, make understanding those concepts quite difficult. While
there are great resources available out there, whether it be from the library,
bookstores or online, at times the volumes of information can be contradictory,
confusing, or just plain misleading. And in the worst instances there are
blatant frauds, charlatans and cons that exist to take advantage of people’s
trusting nature.
So my aim once a week is to
provide you with a short piece titled Friday’s Five Minute Finance. It might be
a piece covering off on finances relating to renovations, or explaining basic
financial concepts for investing. Discussing the intricacies of insurance,
or maybe posing some difficult questions you need to ask yourself and consider
in all seriousness. For those also seeking a bit more in-depth reading to
accompany their Friday morning cup of coffee, I also write articles for USA
website ‘Seeking Alpha’ providing independent
analysis on stocks (American and Australian) which you can access for free on
my Seeking Alpha Author Page.
So to start with I would like to
refer you to the opening quote by General Dwight D Eisenhower, which is
understood more easily when you link it with another well-known military saying
“that no plan survives H-hour”. To
have a plan is nothing, the real strength lies behind the skill of planning. That is, planning on a regular basis so that you continue to take into account
the fact that the world is dynamic, and that things change. Because when things
change, it can bring potentially rewarding and/or devastating results, and so
you must have already considered possible outcomes and solutions in your
planning. This is true in the military, true in finance, and equally relevant
in renovating (I think I’ve covered all blog reader bases there ;-)
And while plans alone are
nothing, in finance you must have a plan, and you must have skin in the game; a
couple of concepts I’ll come back to in future weeks. So starting next week
I’ll cover off on some of the numbers from our renovation, as this is what the
majority of our readers have been following since we started the blog in March
this year. Until then, I’ll leave you with a quote from an article I read recently, which all renovators will immediately chuckle about…Go you good thing!
Cheers Col
Monday, 30 September 2013
Monday Slideshow (Sept #4)
As the school holidays are still in full swing here, there has been no reno work going on in this lil housey, yayyy! And therefore no reno posts to blog about. But we sure have been busy despite the reno-respite!
Because the last two sets of school term breaks were when we were in 'full time reno-mode', we didn't realise how many different programs are put on by various companies and businesses here in the Ville and I must say I am really impressed. I am trying to fit in as many activities with the children as I possibly can. And we are all loving it! But we are also enjoying the late, lazy starts and no school runs in the car too! Yayyy again!
As our visitors left on Saturday, we thought after a morning of housework on Sunday we would have lunch then head off on a mini hike up through the Conservation Park at Cape Pallarenda. The girls LOVE to go exploring and couldn't wait to see this new area. As we parked the car we noticed the smell of smoke, then as we got out we could hear the sound of the dry grass crackling and burning. As we ventured towards the beach we could see the smoke billowing into the bright blue sky and realised our hike wasn't going to happen. A bushfire was in full force just over the hill right where we were headed.

So instead of a hike we took a leisurely walk around the third of the Botanic Gardens we have here in the Ville, Anderson Gardens. It is only round the corner from where we live so it's nice and close by and makes for a lovely, relaxing walk through the beautiful trees and gardens.
And that's it folks...it was a gorgeous walk and one we shall be doing again soon, next time with our dog and maybe some bread for all the ducks.
Once school is back next week, I shall be cracking on with some outstanding projects (including heading back to the tip shop for one of those casement window/mirrors I was talking about last time here) and hopefully the blog updates will be back on track with actual reno business. Until then, have a great week everyone!
Kxx
Because the last two sets of school term breaks were when we were in 'full time reno-mode', we didn't realise how many different programs are put on by various companies and businesses here in the Ville and I must say I am really impressed. I am trying to fit in as many activities with the children as I possibly can. And we are all loving it! But we are also enjoying the late, lazy starts and no school runs in the car too! Yayyy again!
As our visitors left on Saturday, we thought after a morning of housework on Sunday we would have lunch then head off on a mini hike up through the Conservation Park at Cape Pallarenda. The girls LOVE to go exploring and couldn't wait to see this new area. As we parked the car we noticed the smell of smoke, then as we got out we could hear the sound of the dry grass crackling and burning. As we ventured towards the beach we could see the smoke billowing into the bright blue sky and realised our hike wasn't going to happen. A bushfire was in full force just over the hill right where we were headed.
The pictures (from my phone) don't do it justice
It had only just taken hold when we arrived because the couple under that blue and yellow sun umbrella were on the phone to 000 as we approached.
I have added a filter here so that you can see the line of fire a bit clearer .


Poppy, bless her, was just happy that she could spend a few minutes to collect as many shells as she could carry, despite the plumes of smoke overhead and black embers falling from the sky.
Even though we didn't stick around long, my eyes were already stinging terribly, so we headed back to town and put plan B into action.
So instead of a hike we took a leisurely walk around the third of the Botanic Gardens we have here in the Ville, Anderson Gardens. It is only round the corner from where we live so it's nice and close by and makes for a lovely, relaxing walk through the beautiful trees and gardens.
The ducks were clearly fed up with pond water, they were queuing for the cold, fresh water from the bubbler..
You can see why many people don't believe us that there's almost 5 years difference between these two gorgeous girls.
The temperature felt 10 degrees cooler under the canopy of this impressive mass of bamboo. It was beautiful.
And that's it folks...it was a gorgeous walk and one we shall be doing again soon, next time with our dog and maybe some bread for all the ducks.
Once school is back next week, I shall be cracking on with some outstanding projects (including heading back to the tip shop for one of those casement window/mirrors I was talking about last time here) and hopefully the blog updates will be back on track with actual reno business. Until then, have a great week everyone!
Kxx
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