There’s no better time than the present to get your personal finance in order.
Building wealth certainly doesn’t happen overnight and as much as property investment is key, this all begins with how you manage your money.
These articles offer the best advice from finance industry experts so you can learn how to benefit from long-term monetary strategies.
Almost half of Australians are living from pay to pay. These figures from a recent Finder survey of 1,780 Australians reveal 46% – the equivalent of more than 5.9 million working Aussies – are unprepared to cope with a job loss, admitting they couldn’t survive financially for more than a month if they suddenly lost…
Charles Koch is a multi-billionaire. Charles and his brother David took over their father’s business and transformed it into the largest privately held company in the world. He was recently asked in a Time Magazine interview about what he attributes his enormous success in life to. Charles responded that if it were not for…
Do you know your credit score? A credit score is a number that is calculated based on the information in your credit report, which helps credit providers (including banks) know how responsible you are to lend to. It’s a number that is between 0 and 1200, where a higher number means you are more likely…
I love challenges. Especially when there is seemingly no reason to start them. That’s exactly what my wife and I just did. A challenge. The challenge? To not spend money for 30 days. No reason, really. Just for fun. And yes, believe it or not, it actually was fun. Here are the results… The Terms…
Who does not love their children? We often quickly think of passing our assets to our kids on death. But do we really know who will actually receive them? This is a modern day conundrum. We don’t know when we are going to die, and as such, do not know our children’s circumstances at that…
Want to save over $70,000 over the life of your mortgage? Maybe that will be easier than you think according to research from RateCity.com.au which revealed if you give up one coffee a day and put the money into your mortgage you could be $71,891 better off over the lifetime of the loan. Now that’s easier…
I don’t know about you, but the one thing I would like more of in my life is time. The more I appreciate the success I’ve achieved in life, the more time I want to enjoy it. I try not to think too much about all the things I want to do that I may…
Debt sounds like such a bad word, doesn’t it? The thing is there is good debt and bad debt. Good debt makes you money – such as a mortgage on an investment property. You’re technically using other people’s money to create wealth through capital growth. On the other hand, bad debt costs you money –…
The gap between the haves and the have nots is widening. New research has found that Sydney and Melbourne have more than their fair share of the top one per cent of income earners – at 11.9 per and 10 per cent respectively – well above the national average. Our other capital cities also scored…
We teach our kids how to behave in public, how to have manners and the importance of working hard at school. But why don’t more of us teach our kids how to invest? We spend our lives investing. We invest in our homes, in our businesses and in our relationships with others. Almost everything we…
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