Most of us like to believe we make rational decisions about money, property and our future, yet our choices are often guided by something much more powerful than logic: the desire to feel safe. We gravitate towards familiar options, follow what others are doing, and avoid decisions that make us uncomfortable. Unfortunately, what feels safe…
Australia is entering the largest intergenerational wealth transfer in its history, yet many families are preparing for it with little more than a signed will and a vague promise that everything will work itself out. And that is a risky assumption because wealth rarely moves neatly from one generation to the next, particularly when the…
You may have spent decades building your superannuation, carefully chosen who should inherit your assets and even prepared a legally valid will. Yet when you die, your super could still be distributed differently from the way you intended. That is the uncomfortable message from new research suggesting approximately 15.7 million Australians do not have a…
When I was about six or seven I wanted to play the drums. My parents went out and bought me a small snare drum along with a pair of drumsticks and brushes (I still can’t use brushes, but that’s another story). I remember the day my father brought the drum home, it was shiny silver…
Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
Overnight success is very rare. Success takes a long time. In my Rich Habits research, I learned there were three traits that were common among all successful people. Trait #1 Laser Focus Laser Focus is the ability to concentrate for long hours at a time. It is also the ability to quickly pivot and shift to…
My favourite financial author is Morgan Housel. Here are nine of his best quotes for financial success: 1. More people wake up every morning wanting to solve problems than wake up looking to cause harm. But people who cause harm get the most attention. So slow progress amid a drumbeat of bad news is the…
It’s important to have rich children. There I said it. Now, before you tell me there are more important things in life, let me clarify what I mean. Rich children grow into adults who are wealthy, yes, but they’re also resilient, curious, independent and compassionate. In my mind, “being rich” is about wealth in all…
It might not feel like it when you’re at the checkout or watching your mortgage repayments rise, but Australians have quietly become some of the richest people on the planet. According to the latest Allianz Global Wealth Report 2025, the average Australian is now worth €383,720 (about $686,000) — making us the third-wealthiest population in…
Do you remember playing pretend when you were little? Maybe you were a superhero, a dinosaur or a princess. Of course, that was normal when you were little, and it was usually harmless. While most children know the difference between pretending to be a superhero and jumping off the roof thinking they can fly, adults often…
