Cashing up!

Well Mrs Smith and I have decided to buy an appartment. We figure that it will be great investment. We are really enjoying our new found liquidity as our current lifestyle means our outgoings are very small. No credit card debt means there is cash burning a whole in my pocket and it is an amazing feeling.

We will buy something in the back half of the year when the first home buyers grant disappears. My preferred option is in Freshwater Beach in Sydney - we can stay there for a bit and then move out and positively gear it. As part of our 4 hour work week challenge, this will become one of our passive income streams.

Until then we will continue house sitting which I am really beginning to enjoy. It takes a little organisation to begin with but once you are set up it rolls very well. Onward and upwards!