Life has a way of going wrong. When things go wrong, our natural inclination is to blame someone or something. This knee-jerk reaction helps protect our fragile egos, by taking individual responsibility for our actions, out of the equation. Blame is anchored in negativity and negativity is the default mode for those who are unsuccessful…
There are 2,640 billionaires globally, with a total net worth of $12.2 trillion, according to the 37th annual Forbes list published in 2023. And Australia is home to 139 of them. The thing is, each of these billionaires – whether they rocketed to success due to property, the stock market, business or even mining -…
Today I’d like to discuss a few things that never change in a world that never stops changing. And that’s because the things that never change are the most important things to pay attention to. However, change gets the most attention because it’s exciting, it’s surprising, it’s something that the media can comment on. I…
Over the past decade, many Australians have invested in property via their superannuation funds. One of the reasons they do this is because they want to have control over the performance of the funds in their super. Another is it allows them to buy an investment property when perhaps they could not have otherwise. However,…
Many of life’s choices fall into two categories: ■ Option A: Exciting and complex and quick, but the action rarely works. ■ Option B: Boring and simple and slow, but it works nearly all the time. I have been thinking a lot lately about why we are so intrigued by Option A. The list is…
Do you think much about how you spend your time? Or does your day just seem to fly past filled with tasks and other people’s priorities? Controlled by others? I recently read an article by Sahil Bloom that discussed who we spend our time with over the course of our lives. The insights I got…
I love ice cream. It is one of my greatest weaknesses. I like lots of flavours but my all-time favourite is mint choc chip. If there is mint chocolate chip ice cream in the house I can hear it calling my name, constantly! You know I can remember taking my son Nicholas to the ice…
Do you think you’re paying way too much tax? Well, according to new research by Finder, millions of Australians think too much of their salary goes towards paying taxes. The survey with 1,004 respondents revealed almost 2 in 3 (64%) Australians – equivalent to almost 13 million people – believe they pay too much money…
Morgan Housel wrote a great column at Fool.com many years ago where he explains that people usually get better at things over time, but there’s something about money that gets the better of us. It’s one of the only areas in life we seem to get progressively dumber at. He then outlined 77 Reasons You’re Awful…
Last year entering the elite circle of Australia’s wealthiest 1% became slightly more attainable. Amid economic shifts and a fluctuating Aussie dollar, the wealth threshold to be in this exclusive club dropped a little. Now, a net worth of US$4.67 million (around A$7.18 million) is the new benchmark, down from the previous $US5.5 million (A$8.41…
