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School on Fire
General Finance
Australian, financial independence
Start Year:

Blogger Bio

Net worth:
South Australia, Australia
Life stage:
DIK (Dual Income, Kids)
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Latest Blog Posts

Well, the silly season is over for another year and it brings an opportunity to reflect on habits of the year just past. This post reflects on our spending and saving habits over 2018. I’ve added a quarterly comparison as well. Income We averaged $10,280 throughout 2018. This came from a mix of salary, rental […] ...
Posted: Jan 06 2019 @ 2:30 AM
So you’ve discovered the concept of FIRE. You’ve stumbled upon a few blogs. You’ve read up a bit on index funds. But it still seems like you don’t earn enough money to achieve your goals. Frugality seems like a chore. FatFIRE seems like a life time away. Just give up, right? You’re destined to be […] ...
Posted: Dec 06 2018 @ 8:22 AM
School on Fire’s aim is to build a portfolio that generates at least $60,000 of passive income from dividends through both growth and income ETFs and LICs. Our current aim is to hold 50% Australian shares (in low cost LICs) and 50% international shares (90% VGS & 10% emerging markets). We also hold Telstra and […] ...
Posted: Nov 11 2018 @ 3:12 AM
Welcome to our first quarterly update. In this post, I examine our general expenses to keep track of how we are performing over time. I use YNAB to manage my budget. It’s a small price to pay for a piece of software that I’ve found extremely effective. Income We averaged just over $8000 a month […] ...
Posted: Oct 01 2018 @ 2:43 AM
2017/18 has come to a close and it’s time to reflect on our achievements so far.This year was the year we discovered FIRE. The past few years have all been journeys in learning about finances, but the spark really started when we discovered Mad Fientist, Aussie Firebug, Mr. Money Mustache, ChooseFI and all the other […] ...
Posted: Jul 01 2018 @ 10:04 AM
It is 2010. I am 27. The past four years have been a blur. Late nights, loud music, sticky bars and hangovers, shitty jobs, mark an extensive overseas expat experience. Multilingual, but lacking direction, I returned to Australia ready to explore the next steps. But reality always catches up. Standing in an a one bedroom […] ...
Posted: Jun 30 2018 @ 5:30 PM


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