Personal Finance Tips

 

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.

Latest posts
How important is your parent's wealth in determining your income?
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How important is the level of your parent’s wealth in determining how rich you’ll become? Well…not much according to a  recent study by US-based Stanford Centre on Poverty and Inequality. The study showed  there is strong evidence that parental wealth matters less in Australia for the future income of children than in most other countries, with the…

12 Deadly Investment Mistakes You Must Avoid
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Investment mistakes cost you money – that’s why they must be avoided. There are only two paths to gaining the experience necessary to know how to minimize investment mistakes: 1. Smart Path: by learning from other people’s investment mistakes 2. Expensive Path: by making your own investment mistakes and learning from the school of hard…

Why business structure is vital for growth
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The strength of Australia’s economy is due to its small and medium businesses. In fact, there are more than two million of them in Australia, who collectively employ a huge number of people. So, clearly, their importance to the overall health of our national economy cannot be overstated. However, one of the issues that small…

Where the jobs will be in 2023
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In amongst changing Prime Ministers (again) or our ongoing obsession with all things Trump, there mustn’t have been much room left in the media this year for analysis of interesting jobs forecasts and other economic news. This one missed my attention, but it’s very interesting: the Federal Government’s Department of Jobs and Small Business earlier…

Is Robert Kiyosaki a Fraud? Examining the Evidence
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Rich Dad, Poor Dad was one of the first books I ever read on finances. I figured out about the book through a network marketing business I was involved with, though that didn’t really end well. I enjoyed the book. I felt like it changed my mindset – mostly the way I thought about money and college,…

The Ten Commandments Of Wealth Building
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Discover the Ten Key Principles to Build True Wealth (Surprise! It’s about a lot more than just making money) True wealth is about a lot more than just growing your net worth.  Yes, it’s true that financial independence is all about money, but living a wealthy life isn’t. This distinction is critical. We’ve all seen rich…

More girls save money but boys receive more
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Were you a good saver when you were I child. I know I wasn’t, but maybe things have changed? New research from the Roy Morgan Young Australian Survey reveals that nearly 77% of kids aged 6-13 have money saved up . 79% of girls have savings, compared to 75% of boys.  However, boys on average…

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