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.
Ah, the lottery… Since its inception in the 15th century as a way to win cash prizes, its appeal has endured. All over the world, people line up, sometimes for hours, in the hopes that they’ll finally strike gold and win financial freedom. Even those who don’t play the game often daydream about what they…
The banks are dealing with rising rates of online credit card fraud, but they can’t fix it on their own, writes… Cassandra Cross, Queensland University of Technology Online credit card fraud is on the rise in Australia, but pointing the finger at any one group won’t help. It’s an ecosystem problem: from the popularity of…
Do you play the lottery? Everyone knows the odds of winning the lottery are unlikely, but exactly how unlikely? First off, I am talking about the major lotteries here. Namely, The Powerball and Mega Millions. Heard of them? The odds are similar for winning both – around 1 in 176,000,000. Not too bad, right? Oh…
People are judgemental creatures. Meet someone for the first time and chances are they’ll look you up and down and in an instant, decide where you sit on their own personal pecking order. Don’t smirk – you do it too. It happens in the office, at school pickup, and on the golf course. It’s visible…
Later in the year I’ll be speaking at a banking conference, partly on the subject of household debt. Human nature dictates that readers feel drawn to commentary on the subject tending towards the binary: it’s either a complete disaster set to collapse in a heap, or “she’ll be right, mate”. First a quick look at…
What drives you to build wealth? If I deposited $10 million in your bank account today, what would you do differently tomorrow? Do you think money will solve any (or all) of your “problems” and/or fulfil all your dreams? The answers to these questions will reveal how you think about money. And how you think…
Every generation seems to think the next generation isn’t doing it right. They offer well-meaning “advice” based on their own experiences, which may no longer have any relevance in our fast-changing world. Over the past three decades the rate of change has been enormous due to rapid technological advances. Plus, society as a whole…
Do you want more control over your superannuation? Well, the ability to control your investment decisions and costs has resulted in more Australians choosing to set up a Self-Managed Superannuation Fund (SMSF). Another motivation is the ability to borrow in an SMSF for assets such as residential property, with the option of buying a commercial…
Compound interest. The 8th wonder of the world. Do you know the power of compound interest in its entirety? It’s the greatest thing in the world…when it’s working for you. When it’s working against you, it can be one of the most devastating things in the world. A catastrophe, really. I’m just going to…
When we think of entrepreneurs we often think of trailblazers forging ahead on their own, someone who’s doing something different or creating something new. While it’s true that in order to achieve financial freedom, you’ll have to rely on your own wits and talents, it’s also true that no one succeeds on their own. If…
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