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.
![Identifying Sunk Costs in Finance and what you can do about it [INFOGRAPHIC]](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/01/money-kids-270x200.jpg "5 lies I was told about money when I grew up")
When it comes to investing and finance, sunk costs are everywhere. And they’re costing you money if you don’t understand about sunk cost fallacy. To help you navigate them, Coupon Chief has created an infographic below with tips and tricks for identifying and avoiding sunk costs. Whether you’re buying a home or an investment property,…
Sometimes children can cut right to the chase with the questions they ask. A few years ago, I remember that after a particularly nice win on the sharemarket, I rewarded my little boy by getting him a new computer game. He ran around the house like the excited seven year old that he is, and…
Aussies should be aware of changes that will impact their finances in the year ahead, according to Finder, From rate cuts to insurance hikes, Finder has compiled a list of key money changes and personal finance predictions for 2020. 1. First Home Buyer leg-up Topping the list is the government’s First Home Buyer Scheme, which…
Sometimes life doesn’t work out the way we would like it to. Despite our best efforts or best intentions, we find ourselves in strife. Many Australians know what I’m talking about. While we have it pretty good in this country, we’re also a nation up to its eyeballs in debt. If this debt gets out…
Aussies will kick start the new year bogged down in debt according to Finder, Australia’s most visited comparison site. A recent Finder survey of 1,008 respondents revealed that 37% of Australians – equivalent to 7.2 million people – will still be repaying their Christmas debt in 2020. The majority of Aussies will repay their debt…
Most people want wealth, but few will do what’s necessary to create it. Why do people want certain things, and never take action to achieve them? What subconscious thought process causes a disconnect between desire and doing what’s necessary to fulfill the desire? The reality is almost anyone regularly employed, from ditch-digger to doctor, can achieve…
Property can be a thrilling venture to take part in. But for those who aren’t familiar with the concepts and strategies involved, it can also be full of potential traps that could cause you to lose more than you gain. To better prepare you for to potential pitfalls at play, here are some of the…
Did you read, listen, or watch the news in the last year? If so, you probably came across one or more of these headlines: Europe Stocks Close Down, Euro Hit as Greek Talks Stumble Russia says it would match any U.S. military buildup in Eastern Europe U.S. fast-track vote leaves Pacific trade pact talks in…
Many people blame a lack of available money in their bank account for their financial problems. It makes sense doesn’t it? Money is the fundamental component of material wealth. But, the lack of money is not the problem. It’s merely the manifestation of a number of bad habits and bad beliefs that hold people back…
![The little things that can make a big difference in your investing [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/07/15322483_l-270x200.jpg "The little things that can make a big difference in your investing [infographic]")
With investing, as in most areas of our lives, it’s the little things that can make a big difference. And this is clearly shown in the infographic below from Motif Investing. They recommend 4 investment strategies to grow your wealth faster: Spend less than you earn and save the difference – and they give an…
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