Have you played Monopoly recently? Monopoly has been a classic board game for over a century. It’s a real estate trading game played for fun… and for a chance to be a real estate tycoon. I recently played with some of my grandchildren, and while it annoyed me that I wasn’t able to borrow to…
Do you know the 15 common myths that are killing the wealth potential of the average Australian property investor? Last week I explained how despite us living in a land of plenty, the sad reality is that the majority of Australians will never achieve financial freedom. Yet, on the other hand, a small group of…
If you’re looking for more success in life – be it in your property investing, wealth, or money management, today’s episode of my Podcast is for you. I’m going to share 2 sessions with you – in the first one, I will discuss 21 reasons many people are terrible at managing money. And even if…
Do you know what’s so interesting about success? When I look at people around me who are ultra-successful — I mean, whether it’s in their business, their investments, with money, or in their physical health, or maybe it’s in their relationships —it’s not that they’re any smarter. It’s not that they’re any more talented. They…
Throughout the year, the media has been reminding us about how rising interest rates are hammering our property markets, and commentators keep reminding us about the uncertainty of our economic future. It’s easy to see all the risks and problems now, but five years from now, it’s likely we will look back and see lots…
As I look back at 2022, the year seems to have gone quickly for me, even though I know for a lot of people, it has been a slow and difficult year. For those in property, it was a roller coaster year where we came to expect the unexpected. We went from this time last…
I enjoy reading motivational quotes and regularly read quotes from Brian Tracy one of my mentors. I fondly remember a personal day Brian spent with Pam and me as we showed him some tourist sites in Australia. In fact, some of the personal discussions we had were transformational. So I was interested when I found…
Despite this year’s steep rise in interest rates Aussies keep spending and this consumer cash splash continued driving robust growth in the national economy. Australia’s economy as measured by the Gross Domestic Product (GDP) rose 0.6 per cent in seasonally adjusted terms in the September quarter of 2022 and by 5.9 per cent through the…
We know that housing affordability is a real issue, with many Aussies now finding it harder to buy their dream home as 8 consecutive interest rate rises have cut many buyers borrowing capacity by up to 20%. But what about rental affordability? With more and more people renting for longer at a time when the…
Australia’s cost of living crisis has dented hip pockets, cooled property markets and made the rental market red-hot, so much so that one of our major cities has been named as one of the world’s most expensive to live in. Sydney has been ranked as the world’s 10th most expensive city, according to the latest…