Inflation cooled in November, as a wave of retail discounting helped ease the pressure on household budgets during the holiday period and bolstered the case for the Reserve Bank to hold interest rates steady next month. However, a hike is by no means off the cards. ABS data released this week shows headline inflation dropped…
A lot has been written about the good fortune of ‘baby boomers’ in that, overall, they have enjoyed a long period of economic, share market, and property market prosperity. Whilst they haven’t enjoyed the full benefit of compulsory super (which only began in 1992), other assets such as property have certainly compensated for that. This…
What has been the single greatest obstacle stopping you from becoming financially free? Why do I ask? Well… at the end of last year at a private client function I had the good fortune to have conversations with a number of our Wealth Retreat graduates. I was talking with them about their experiences since attending…
There are two schools of thought that people fall into. Each school of thought was programmed into you by your parents, teachers, mentors or your environment. One school of thought leads to poverty and the other to wealth: Poverty School of Thought: I Am Not Responsible for My Life Circumstances – AKA Victim Mindset Wealth…
Did you catch the first 2 parts of these amazing money lessons from Morgan Housel, author of the Psychology of Money, whose blogs regularly appear on the Collaborative Fund? If not, please read them here: Part 1 Part 2 And today, we continue further with another 13 lessons from this inspirational author. 1. A good…
Did you catch yesterday’s blog with 13 amazing money lessons from Morgan Housel author of the Psychology of Money and whose blogs regularly appear on the Collaborative Fund. If not, please read it here. And today I hope you enjoy a further 13 lessons from this inspirational author, who I believe in time will be…
Some say that Australia has an ageing population crisis, with 558,000 Australians now aged 85 years… and in 13 years that’s expected to hit 1 million. And that means there will soon be billions, if not more, of dollars transferred to our younger generations. The problem is, many of these heirs aren’t prepared, and a…
Want to become better with your finances? Well, you could do a lot worse than learning from my favourite author, Morgan Housel author of the Psychology of Money and whose blogs regularly appear on the Collaborative Fund. Over the next three days I’m going to share some of his best thoughts with you, so let’s…
Australians are retiring with unprecedented levels of wealth. This wealth, which is primarily held in housing, investment properties and superannuation, allows retirees to draw incomes to support their retirement. As Australians have become wealthier, we might expect government spending on social safety nets for older Australians to fall. Instead, we have seen these programs grow…
The “Rich” and “Poor” share very different beliefs, According to a 5-year study by best-selling American author Tom Corley, our subconscious makes up 5/6ths of our brain and responds to our beliefs. Like software code, our beliefs direct our subconscious to manifest that which we think about and believe in. If we believe, without any…
