I’ve been on a bit of financial planning binge over the last several months. This was prompted by a bunch of books I’ve been reading including the books from the ‘Rich Dad, Poor Dad‘ series and a bunch of investment books (including shares, bonds and property).
Meanwhile there has been a house price spike in Auckland, New Zealand as can be seen from the tail end of the graph below (data from Barfoot & Thompson).
Interestingly, during this period, total returns are 21% or 4.2% per annum. Adjust that for inflation and you got a 1.8% return on your investment, hardly amazing. But that’s a subject for another post.
Back in 2005 when we bought our current house (a 3 bedroom house on a small section on Auckland’s North Shore) we were able to get it with a mortgage of about 3.5 times our combined income. We then went overseas for a couple of years and came back ready to have our first child. Fortunately, my income had increased, so we could still afford our mortgage (3.7 times income).
These days, with two growing pre-schoolers, a wife who’s just finished studying and is returning to work our mortgage is a very healthy 2.3 times income.
Here’s the issue, like many of our peers (and generations before us) we’re now growing out of our 3 bedroom house on a cross leased section.
In previous generations they may have just added an extension (not possible with so little land) or simply moved to another house with only a marginal increase in their mortgage.
Even though our house price has to some extent kept up with house price increases, acquiring a four bedroom house on a full section in our neighbourhood would require us to increase our mortgage by 82%.
This would mean our mortgage was now 4.3 times earnings, without the likelihood of the dramatic salary increases possible in the earlier years of your career. [Note, this site suggests 2 – 2.5 times gross earnings].
So what am I saying?
There’s a lot written about housing affordability and the fact that people can’t afford a first home. I’m looking on one step further, even if you can afford a small first home, based on two incomes, what future can you look forward to when kids come along and you eventually need a bigger place?
The answer is pretty clear to me, either:
- A lot more middle class New Zealand families will be renting their homes in the future (maybe from overseas residents (again a topic for another post))
- A lot more middle class families will be forced to live outside Auckland
- There will be a major correction in house prices as people refuse to pay the unaffordable prices
- Many families will undertake a massive (possibly unsustainable) debt burden that will negatively influence their entire life.
The last point is the one I worry about. What does a society look like where families are toiling under the pressure of their massive mortgages? Unable to take holidays, struggling to put food on the table, unable to even think about supporting their community (either financially or in time)?
That’s why, I would encourage my peers and those just starting out their adult life to seriously think whether the traditional aspiration of house ownership is still relevant.
What’s up all, here every person is sharing these know-how,
thus it’s good to read this blog, and I used to visit this blog all
the time.
?our style is very uniq?e in comparison to othesr f?lks ?’ve
read stuff from. Thanks for posting wh?n you have the opportunity, Guess I
will just bookmark this site.
my blog https://Meshbookmarks.com/Story17547985/websiteml
Een betrouwbare dakdekker staat volledig achter ziojn werk en de materialen die worden gebruikt.
Very nice article, exactly what I needed.
As we move into 2024, opening a T-shirt shop remains a
rewarding enterprise. Boasting the right strategy,
shopkeepers can tap into the increasing market for custom T-shirts.
This article delivers insights on methods to successfully
manage a t-shirt business.
## Getting Started with a T-Shirt Business
Starting a t-shirt business involves various stages, from conceptualizing to
implementing. This section details the basics to kickstart your
journey.
### Finding Your Niche
The first move in starting a t-shirt store is selecting
your audience. This requires researching consumer behavior to
determine which tees sell well. Think about concentrating in a niche such as
funny slogans.
### Designing Your Shirts
Design is a crucial element of a successful t-shirt store.
The designs ought to stand out and appeal to your customers.
Think about hiring talented illustrators or leveraging design platforms
to create the graphics.
### Sourcing Materials
Quality fabrics are important for your T-shirts. Sourcing dependable manufacturers
to source T-shirt blanks ensures that your T-shirts satisfy desired specifications.
Seek out manufacturers with good reputations and affordable
costs.
## Creating Your T-Shirt Shop
Once you have your ideas and materials in place, the next step
is creating your T-shirt shop. This involves multiple considerations.
### Deciding on a Sales Approach
Determine whether you plan to sell online online and offline
channels. Each business model has its distinct benefits and challenges.
Digital shops provide greater reach but need strong digital marketing.
Brick-and-mortar shops provide a in-person shopping experience but involve additional maintenance
expenses.
### Building Your Digital Platform
If you plan to sell online, creating a professional
website is important. Your website needs to have user-friendly navigation, showcase detailed images of your
products, and deliver safe payment options. Reflect on utilizing website
builders like WooCommerce to simplify the process.
### Organizing Your Physical Store
If you prefer to open a brick-and-mortar outlet, setting is key.
Pick a location with good visibility to attract shoppers.
Design your store layout to display your tees strategically and ensure buying convenient for customers.
## Marketing Your T-Shirt Business
Efficient advertising is vital to draw customers to your t-shirt store.
Below are a few methods to think about.
### Leveraging Social Platforms
Platforms like Facebook, Instagram, and Twitter offer a powerful approach to engage your customers.
Post regular content about your T-shirts, conduct contests, and interact with followers to build a engaged
community.
### Search Engine Optimization (SEO)
Optimizing your website is crucial for attracting
search traffic to your digital platform. Incorporate targeted
phrases in your product descriptions and make sure your website
is fast.
### Sending Newsletters
Creating an newsletter audience enables you to connect with your buyers immediately.
Send regular updates with exclusive discounts and latest products to maintain customer interest.
## Managing Your T-Shirt Shop
Successful running of your t-shirt store is key to its success.
Think about the next methods.
### Managing Your Products
Managing your inventory ensures that you continually have best-selling shirts available.
Leverage inventory management software to track stock levels.
### Ensuring Satisfaction
Superior customer service is vital to retain customers and build trust.
Respond to questions efficiently and fix issues
satisfactorily.
### Tracking Performance
Regularly monitor your business analytics to gauge achievements and challenges.
Use this insight to make informed decisions.
## Summary
Starting a t-shirt store today remains a rewarding venture.
With effective planning, entrepreneurs can create a
profitable brand. Always emphasize marketing and remain aware of customer preferences.
Best of luck with your t-shirt business!
Here is my website http://www.teepublic.com
The latest top football news https://football.sport-news-eg.com today. Interviews with football players, online broadcasts and match results, analytics and football forecasts, photos and videos.
Discover the dynamic world of Arab sports https://sports-ar.com through the lens of Arab sports news. Your premier source for breaking news, exclusive interviews, in-depth analysis and live coverage of everything happening in sports.
Hi there! I just wanted to ask if you ever have any issues with hackers?
My last blog (wordpress) was hacked and I ended up losing
several weeks of hard work due to no data backup.
Do you have any methods to stop hackers?
What i don’t understood is if truth be told how you are not actually
a lot more well-preferred than you might be now. You are very
intelligent. You understand therefore considerably relating
to this subject, made me for my part believe it from so many varied
angles. Its like women and men aren’t fascinated until it’s something to accomplish with Woman gaga!
Your personal stuffs excellent. At all times take care of it up!
Your way of describing everything in this post is actually pleasant, every one be able to
simply know it, Thanks a lot https://www.sosexpert.ca/fenetres-en-pvc/
Write more, thats all I have to say. Literally, it seems as though you relied
on the video to make your point. You definitely
know what youre talking about, why waste your intelligence
on just posting videos to your weblog when you could be giving us something informative to read?
https://www.shoplocalaustralia.com.au/professional-services/south-meadows-recovery South Medows Recovery15505
Patrica St, Austin, TX 78728 512-668-9785
http://fatfish.com/__media__/js/netsoltrademark.php?d=sugardefender.mazdaci.com
constantly i used to read smaller posts that as well
clear their motive, and that is also happening with
this piece of writing which I am reading at this place.
Your means of explaining the whole thing in this piece of
writing is genuinely fastidious, every one be able to
effortlessly understand it, Thanks a lot http://fenestrationdessommets.com/en/?amp=1
These are truly impressive ideas in about blogging. You
have touched some pleasant things here. Any way keep up wrinting.
I’m not positive where you’re getting your information, but good topic.
I must spend some time studying more or understanding more.
Thank you for magnificent information I was in search of
this information for my mission.
The most important sports news https://bein-sport-egypt.com, photos and blogs from experts and famous athletes, as well as statistics and information about matches of leading leagues.
News and events of the American Basketball League https://basketball-eg.com in Egypt. Hot events, player transfers and the most interesting events. Explore the world of the NBA with us.
## Understanding the Value of Link Building
Link building involves acquiring backlinks from other sites
to your own. Those links are considered endorsements of confidence by Google.
The more reputable hyperlinks you have, the
better your website’s likelihood of ranking more prominently on search results.
## Types of Links
### Natural Links
Organic links are obtained without actions from the site owner.
These links happen when other sites discover your
posts valuable and cite it.
### Manual Links
Solicited links require actively seeking links from other websites.
This can involve contacting bloggers, asking
for hyperlinks to your site.
### Self-Made Links
User-Generated links are built by inserting your website’s
link to directories. Although these links can provide a fast increase, they frequently include low
value and can result in punishments from search engines.
## Efficient Link Building Strategies
### Content Creation & Distribution
Creating valuable posts that automatically attracts links is a basic method for effective link
building. Listed below are some tips:
– Develop valuable content that answer typical problems in your niche.
– Design charts that display complex information in an simple format.
– Produce comprehensive tutorials on topics that are valuable to your readers.
### Guest Blogging
Guest articles is a further successful strategy to
create high-quality links. This includes writing content for other blogs in your industry.
Make sure that your guest articles are high-quality and have a backlink to your
website.
### Broken Link Fixing
Broken link fixing is a technique that includes discovering broken links on other
pages and proposing your page as a alternative. This doesn’t just assists the webmaster correct their broken link but additionally
offers you a authoritative hyperlink.
### Outreach and Networking
Building relationships with other webmasters in your niche is a enduring strategy for link building.
Below are some actions to follow:
– Participate in online communities about your field.
– Distribute other individuals’ articles and give valuable comments.
– Collaborate on shared initiatives such as research studies.
### Social Platforms
Promoting your posts on social networks can enhance its exposure and potential
to get links. Interact with your followers on platforms
like LinkedIn and Reddit to build a robust digital footprint.
## Evaluating the Performance of Your Link Building Campaign
### Tools for Link Analysis
Numerous tools are accessible to help you evaluate the
success of your link building strategy. Some popular software such as:
– GA
– Ahrefs’ Site Explorer
– Moz
– SEMrush
– Majestic
### Indicators to Track
When assessing the success of your link building campaign, take into account the following indicators:
– Domain Authority
– Page Authority
– Number of linking domains
– Relevance of links
– Traffic generated from hyperlinks
### Adjusting Your Strategy
Based on the information obtained from your evaluation,
adjust your link building approach to boost its success.
This could include focusing on various kinds of posts, targeting new sites, or updating your
outreach strategy.
## Common Mistakes in Link Building and How to Prevent Them
### Bad Links
One major common mistakes is get poor links from unrelated or dubious pages.
Such links can damage your website’s SEO.
### Excessive Optimization
Utilizing keyword-rich hyperlink text too often can cause penalties from
search engines. Aim for a diverse mix of hyperlink text.
### Overlooking Nofollow Links
Even though nofollow tags don’t convey search engine value,
they may still drive visitors and build recognition.
## Emerging Changes in Link Building
### AI and Backlink Acquisition
As the advancement of artificial intelligence, link building strategies are becoming more complex.
AI applications can aid in discovering high-quality backlink sources and anticipating the potential on site authority.
### Voice-Activated Search and SEO
The growth of voice search has been altering the method
content is retrieved. This will influence hyperlink strategies by changing emphasis
to spoken queries and long-tail queries.
## Conclusion
Efficient link building is a vital part of website
optimization. By grasping the significance of authoritative backlinks, applying various
techniques, and continuously measuring your strategies, you can improve your site’s credibility and reach higher positions on Bing.
By remaining updated with the newest developments and avoiding frequent errors, you can operate in the constantly
evolving world of website optimization and reach long-term performance.
Great post. I was checking continuously this blog and I’m impressed!
Extremely useful info particularly the last part 🙂 I care for such
info much. I was looking for this certain information for a long time.
Thank you and good luck.
The other day, while I was at work, my sister stole my iPad and tested to see if
it can survive a twenty five foot drop, just so she can be a youtube
sensation. My apple ipad is now broken and she has
83 views. I know this is totally off topic but I had to share it with someone!
wonderful points altogether, you simply won a brand new reader.
What could you recommend about your put up that you just made a few days in the
past? Any certain?
We’re a group of volunteers and opening a new scheme in our community.
Your website provided us with valuable info to work on. You’ve done a formidable job and our entire community will be grateful to you. https://onlinekaroo.com/question/equipe-dexperts-immobiliers-a-laval-votre-partenaire-par-des-transactions-immobilieres-reussies/
Great, thanks for sharing this blog article.Really looking forward to read more. Want more.
Latest news https://android-games-ar.com about Android games, reviews and daily updates. The latest information about the most exciting games.
I truly appreciate this post.Much thanks again.
Thank you ever so for you blog.Really thank you! Really Cool.
Major thanks for the blog post.Really thank you!
??? ??????? ??????????? ?????????? ???????? ????????.
???? ?????????: 6 ?????? 2015. ???????????? 20
https://iso9001-moscow.blogspot.com/ ??????? 2015 ????.
???????????? ??????? ????? ????????? ????
??????????? ??????? ??? ?????? ??? ??????? ?????
???????????? ?????? ??????????? ?????? ? ?????? ????????? ? ???????? ?????? ?????? ???????????. ??????????? ????? ?? ???? ?? ????????? ??????????? ? ????????? ?????? ?? ??????? ?????? ? ????? ????. ??? ??????? ???? ????????? ???????????? ?????? ?? ????, ????????????? ???????? ??? ????????????? ??????, ? ??? ?? ???????? ????????? ??????? ?? ???????????.
?????????? ???????????, ?????? ? ??????
???????????? ????????? ??????????, ????????? ???????? ? ??????? ????????? ?? ??????? ?? ???????. ????? ??????? ???????????? ????? ??????????, ?? ?? ????? ?????????? ??????? ???, ??????? ????????? ??????? ????????????? ?????? ??????? ? ??? ????????. ?????? ??????? ?????????? ??????? ? ?????????, ??????? ?? ?????? ????? ????? ?? ??????? ?? ???????? ?????.
???????? ? ??????????
???????? ?? ??????????????? ?????????? – ???????????? ?????? ???????????? ? ??????????? ??? ???, ? ??????????? ?????? ? ?????????????. ?????? ??????? ??????????? ????? ? ??????????, ??? ????????? ??? ?? ?? ?????????? ?? ????????? ?? ?????? ???????, ??? ? ???.
??????? ?????? ????? ?? ???????????? ???????
????????? ????????? ????? ?? ???????????: ??????, ??????? ??????, ???? – ?????? ?? ???? ?????. ??? 2 ????????? ????? ?? ??? ??????. ??????????? ?????? ????????: ??????? ????? ?? ???????? ? ?????????? ??? ????? ?? ??? ??????! ?????? ??????? ????????? ???-??????? ??????????? ?? ????? ? ???????????? ?????????? ???????? ??? ?????? ?????? ??????.
????????? ????? ??????????? ?????????
???????????? ?????????? ????? ???????????? ????????? ? ??????? ???????????. ??????????? ???????? ???????? ?? ??????????? ? ?????? ????, ?? ???????? ?? ?????????? ???? ?? ????????? ?????? ? ??????. ???? ???????? ?? ?? ?????????? ??? ??????????? ??????????? ?????????? ?? ?????? ??????????. ????????? ???????? ??????????? ????, ????? ????? ????? ? ????????? ???? ??????????? ?????? ? ??????????? ?????? ????????????? ???????????
??????
???????????? ????????? ??????? ??? ?????? ??? ??????? ????? ??? ???????
???????? ??????? ???? ??????? ???????
??????? ????? ?? ??????? ??? ??????? ?????
???????? ?????? ??????????? ??????????? ? ?????? ??????? ? ???????? ?????? ??????? ????????????. ???????? ??? ???? ??????????? ??????????? ? ??????????? ?????? ?? ??????? ??????????? ? ????? ????? ????. ?????????? ????, ?????????? ???????????? ???????? ?? ????, ??????? ???????? ??? ??????? ??????, ? ??? ?? ??????? ????????? ????? ?? ???????????.
?????? ???????????, ?????? ? ?????????
???????????? ?????? ???????????, ???????? ?????? ? ????????? ?????? ?? ??????? ?? ???????. ????? ???????????? ????? ????? ??????????, ????? ?? ????? ????????? ???, ????? ???-????? ???????? ?????? ??????? ? ????? ???????. ??? ?????? ?????????? ???????????? ? ???????, ???????? ?? ???????? ??????????? ??????????? ??? ???????? ??????? ??????.
????????? ? ????????????
?????????? ? ?????? ??????? – ???????? ??????? ???????????? ? ??????????? ??? ???, ? ????? ????????? ? ?????????????. ??? ??????? ????????? ???????????? ? ???????, ?????????? ?? ??????????????? ?? ????????? ?????? ???????????, ??? ?? ???????.
?????? ????????????????????? ??????? ????? ?? ?????????
??????????????? ????????? ????? ??? ??????????: ??????, ????, ????????? – ?????? ???????. ?????? ?? 2? ??????????? ?? ??? ??????. ????????? ?????? ??????????: ???????????? ????? ?? ???????? ? ??????????? ???????? ?????????? ?? ??????????? ?? ????! ?????? ????????? ????????? ???-??????? ??????????? ?? ????? ? ???????????? ???????????? ?????? ?? ????? ?????? ???????? ??????.
???????? ??????? ???????????? ??????????
???????????? ?????????????? ???????? ???????????? ????????? ?? ????????? ?? ???????? ?? ???????. ?????????? ?? ????? ????? ?? ??????? ? ??????, ?? ????????? ? ????????????????? ?????? ?? ????????? ?????????? ? ??????. ?????? ?????? ?? ?? ?????????? ??? ???????? ????????? ?????????? ? ????????????? ??????. ???????????? ???????? ???????? ????, ?? ?? ???????? ????? ??? ?????? ?????? ??????????? ?????? ? ??????????? ?????? ???????? ?? ??????????
?????????
???????????? ????????? ????? ?? ??????? ?? ???????? ???? ??? ???????
every five days there is an additional 5% increase, and
this means that the cost of the https://base-dawgz.io/ continues to grow on a pre-sale basis.
in the next step select the blockchain network, then you
will use to invest in pre-sale.
Ridiculous quest there. What occurred after? Thanks!
???????
Visit a centralized crypto exchange, such as mexc or binance, in order buy a https://smog-token.io/.
Smog tokens and take care them.
At this time it appears like Drupal is the preferred
blogging platform available right now. (from what I’ve read) Is that what
you’re using on your blog?
Fantastic web site. A lot of useful information here.
I am sending it to several buddies ans additionally sharing in delicious.
And obviously, thanks in your sweat!
Lorem Ipsum has been the industry’s standard dummy text https://chiaradventure.it/kiersbd of type and scrambled it to make a type specimen book.
??? ?????? dolce gabbana https://www.scm-fashion.ru .
It’s very simple to find out any topic on web
as compared to books, as I found this paragraph at this site.
Thanks again for the post. Fantastic.
This is a topic that’s near to my heart… Many thanks!
Exactly where are your contact details though?
My web page; visite site
Lorem Ipsum has been the industry’s standard dummy text https://ms-kessler.de/ruffewm of type and scrambled it to make a type specimen book.
Enjoyed every bit of your blog article. Awesome.
Thank you for your article post.Really thank you! Want more.
??? ?????? ?????? ??????? scm-fashion.ru .
Today, while I wwas att work, my sister stole my iphhone and tested to see
if it can survive a 40 foot drop, jus so she can be a youtube sensation. My apple ipad is now broken and she has 83
views. I know this is completely off topic but I had to share it with someone!
Look into my web blog Ezequiel
Lorem Ipsum has been the industry’s standard dummy text https://alergosurcordoba2023.es/jlugnrx of type and scrambled it to make a type specimen book.
Code promo leon casino invite tous les joueurs
?????? ??? ?????? ??? .
I simply could not go away your site prior to suggesting that I actually enjoyed the standard
information a person supply for your visitors? Is gonna be back
continuously to check up on new posts
Here is my homepage; ????????????????