This is Lou's Life

As I previously mentioned, the FIFO life enabled me to start setting myself up, however the start of my property interest actually started before that. It all started when my Nanna moved into a nursing home and was forced to sell her home to pay for that move, which if you don't know how the age cared facilities work in Australia... It's not very nice and is very expensive. My eldest sister and I couldn't stand to see her home be sold to strangers, so we joined forces (well incomes) and purchased her house when I was only 19. This decision was completely made on emotion for me and then only later did we realise that we have made our first investment for our future.  This investment included tax deductions, which came in handy when we worked away, until it started earning too much money, and now is a solid base for our superannuations.  That house is a tiny 3 bedroom, 1 bathroom fibro house in the country that we bought very cheap, luckily. We've since had our parents do...

In the almost 5 years I worked FIFO, I experienced the normal ups and downs that people go through when they are in their early 20s, just in a different environment and with anywhere between 80-300 other people apart of it.  I started working away when I was 20 and can honestly say it was the best decision I could make at that time.  It enabled me to buy 2 houses with one of my sisters, one we call our superannuation, given the amount the value has increased over the years and the other we are still trying to burn off the debt we were left with when we sold it. But really how many people who don't work FIFO can say they were able to buy 2 houses by 21?! I am grateful I've done this as it made me confident enough to take the leap to build on my own in the last couple of years and hope that by having some property under my belt I'll have a comfortable future. However, in the first 18 months of it, I was unlucky enough to experience Cyclone George, lucky enough to not be on si...