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.
Do you know the difference between price and value? Well, you should… because the two principles are quite different and can make a big difference to your chances of achieving financial independence or freedom. Wise words from the “Oracle of Omaha” Warren Buffett is an American investor, industrialist, and philanthropist and is widely regarded as…
There is a serious problem regarding home loans, which is affecting tens of thousands of Australians according to Doug Mathlin, founder of Smart Borrower. He believes too many Australians are paying too much interest over the life of their home loan. So he wrote a letter to Federal Treasurer Josh Frydenberg proposing what he said…
Lockdowns continued to keep a lid on credit card spending in August, according to the latest Reserve Bank of Australia credit and charge card data . The latest Reserve Bank figures show lockdowns and the limited ability for a large portion of Australians to spend likely contributed to a reduction in the number and value…
It’s a sad reality that our society seems to be more litigious than in years gone by. Thankfully, we’re not in the same parlous state like America, but there is a greater chance than before that you could become involved in legal proceedings that threaten your wealth creation efforts. While that might seem like a…
Typically, the steps to securing a loan including provide a few payslips that will serve to demonstrate your reliable, consistent income. Most of the time one or two will do, maybe three at most. And some documents that establish how long you’ve been employed. Relatively speaking, it’s a straightforward process. Unless you’re self-employed of course…
Morgan Housel wrote a great column at Fool.com where he explains that people usually get better at things over time, but there’s something about money that gets the better of us. It’s one of the only areas in life we seem to get progressively dumber at. He then outlined 77 Reasons You’re Awful at Managing Money….
Australia is becoming a more litigious society with more people considering suing and more lawyers opting to take on their cases for no upfront fee. While the number of law suits in Australia is growing, we’re still a fair way from the situation in the USA, where people have a 33 per cent change of…
As we all know, the path to success is a long and winding road paved with detours, potholes and the occasional ‘wrong way, go back’ sign. It’s never smooth, and it’s never straight-forward. But persist, work hard and learn from your mistakes and you’ll get to the top of the mountain. On your way, you’ll…
Over the past 20 years, the US share market has risen 5-fold, the Australian share market 5.4-fold, and Australian property 4.2-fold. That means if you invested half a million dollars 20 years ago, in either shares or property, it should be worth between $2 and $2.5 million today. You’d have even more money if you…
If you’ve ever checked your bank balance at the end of the month and wondered “where did all my money go?” you’re not alone. In fact, a 2016 survey revealed that nearly 60 percent of the population doesn’t have enough money saved to handle an unexpected expense of $500 to $1,000. That means something like…
