B Zalm

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since May 02, 2020
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South West Western Australia
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Recent posts by B Zalm

John C Daley wrote:B Zalm, I beg to differ on the issue of 'good debt', its not a matter of getting wealthy, its a matter of getting your own home
at a cost less than rent would be over time.
I put it to you, that 'good debt' is doing the same thing banks do with your saving, but for yourself.

Good debt is not about multiple loans or for items that exceed your needs!




Maybe I will beg to differ that you beg to differ?   The concept of "good debt"  has in my opinion, been better understood by people from wealthier backgrounds than myself; hence I was saying about 1 percent of the population have learned to create assets versus the saving in the bank scenario of the 99 percent of the population.
                                                                                                                                                                                                                                                                          Perhaps we are saying something similar in different ways? As I actually agree with you that good debt is not about getting wealthy nor having multiple loans or in exceeding your needs. I was more contemplating that the concept of investing in good debt, at least in Australia, is something we never really learned about the emphasis was more on building your bank savings.  To people like myself who don't come from a money savvy background, at face value we were taught debt was a mugs game and I for one have learned about "good debt" and not to create excessive wealth but allowed me create and live a more sustainable way of living.      
2 years ago
Alas my techno knowledge is very low, so thanks for these links John. The gaps intersecting the roof and sides are bigger where there is an outside vertical beams.                                                                                                                                                                                                                                                          
That vermaseal looks suited if shed is being constructed (?) I will take a closer look at the other one.                                                                                                          
In the interim I have made up lavender bon bons  (lengths of aluminium foil rolled with lavender flowers scrunched and wedged along the gaps at the bottom seams). I won't kid myself it has bought me a little time to find a longer term solution, the past week was nice no signs of rodent activities.
2 years ago
I came across your interesting project while looking for tips of fitting out an existing shed in my yard, also with colorbond walls and roof and concrete floor. Do you have any gaps between the roof and walls, and, again at floor level due to the colorbond grooving?   If anyone knows is there is an as natural as possible way to fill these up or will I be destined to buy that expanding foam stuff?
2 years ago
The concept of investing in good debt, at least in Australia, is something we never really learned about the emphasis was more on building your bank savings, which makes me laugh at how much interest that earns compared to how much the banks leverage from your savings when lending it to someone else!  So this concept of good debt it seems at face value a mugs game, and yet,  this is what has made quite a few people wealthy; probably about 1 percent of the population  they have learned to create assets versus the saving in the bank scenario of the 99 percent of the population.                                                                                                                        
2 years ago