Many people blame a lack of available money in their bank account for their financial problems. It makes sense, doesn’t it? Money is the fundamental component of material wealth. But, the lack of money is not the problem. It’s merely the manifestation of a number of bad habits and bad beliefs that hold people back…
Not a day goes by without a headline about a victim being scammed and losing money. We are constantly warned about new scams and staying safe from cybercriminals. Scamwatch has no shortage of resources, too. So why are people still getting scammed, and sometimes spectacularly so? Scammers use sophisticated psychological techniques. They exploit our deepest…
Who makes better property investors – women or men? Up till now, the answer may have depended on who you asked (or what gender they were) but neuroscientists have uncovered evidence suggesting that, when the pressure is on, women bring unique strengths to decision-making and make less risky decisions under high-stress situations. Quoting separate neuroscience…
Australia is now in the same league as Lithuania, Estonia and Hungary when it comes to cutting real pay, according to a new OECD report. These are the only countries where cuts in real pay – pay adjusted for inflation – have been more severe for low-paid workers than those on higher salaries. The OECD’s…
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,…
Do you have to be naturally smart in order to strike it rich? Is intelligence a prerequisite for success? In my five-year study of the daily habits of 233 self-made millionaires and 128 individuals at or near poverty (Rich Habits Study – Background on Methodology), I uncovered the answer to these and many other questions….
In today’s show, Ken Raiss and I will discuss inheritance strategies to help make your children richer. Whether you’ve already built substantial wealth or are just starting your financial journey, it’s never too early or too late to start thinking about how to pass on your wealth to the next generation. Today Ken shares his…
Do women really make better property investors? There seems to be mounting evidence that this could be the case. Recently Kym Kiyosaki gave her opinion on 8 advantages that women have that make them better investors. Here’s what she said: 1. We’re not afraid to say, “I don’t know.” The person who has to know all…
The circumstances of your life are a mirror of your habits, beliefs, emotions, and your thinking. You see this mirror effect at work all the time. Someone walks into a room, smiling, happy, and upbeat. Their very presence affects everyone in the room, in a positive way. You also see the mirror effect at work…
As a Mentor, I’ve come across a large number of people in a huge variety of fields who have been very successful. My fascination with the topic of success has led me to study countless more peak performers. One thing I know for sure. Almost every man or woman who rose to power and attained…