Pete Wargent blogspot

Co-founder & CEO of AllenWargent property buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place), and CEO of WargentAdvisory (providing subscription analysis, reports & services to institutional clients).

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Tuesday, 14 January 2014

Money saving ideas

Car share

For the past 3 months I have been experimenting with being a non-car owner while living in inner Sydney.

Instead of owning or leasing a car in Australia I am using car-share with Go Get.

The idea is simple enough. When you feel like driving somewhere you book one of their cars online and go and pick one up from one of the many dedicated bays located around the city.

You can use Go Get cars when you visit other cities than your own too. I recently picked one up in Adelaide and drove it out to Hahndorf. How cool is that?

Instead of being given a car key you are awarded a credit card type thing which unlocks the car - the keys stay in the vehicle.

Members are charged a monthly fee and then a small fee each time you use a vehicle.

Having been a member for a few months, I have to say I'm a fan.

My Budget

In truth, I don't know a lot about My Budget.

Has anyone used them before? Any experiences to report?

According to the My Budget website, apparently they meet with clients to discuss financial needs and goals and then:

"Your wages get paid directly into an account MyBudget creates for you. 

Your living expenses are transferred to your private bank account for you to access as you need them. As your bills arrive you forward them to us and we pay them on your behalf. 

We will also make loan repayments for you, whether they’re for debts such as credit cards and personal loans or payments to family members and friends.

In 2013 we managed over 2.5 million payments and $550 million in salaries on our clients' behalf."
If you are the sort of person who doesn't like opening post in case it's a bill, it sounds like it might not be a bad idea...