Car ownership can be extremely expensive when you factor in all costs including registration and car insurance. However, many Australians will be surprised to know that the location of your home can significantly impact the price of your car insurance. Location, location Car insurers take into consideration a variety of different factors when determining the…
Steve Jobs had Steve Wozniak. Warren Buffet had Charlie Munger. Larry Page had Sergey Brin. Some of the most successful people in the world owe their success to the partnerships they forged. Finding the perfect business partner is one of those fast tracts to success I love to talk about. In the case of a…
I began my study of rich and successful people well over 40 years ago Of course, not all rich people are successful, and not all successful people are rich but remember I was much younger and more naïve then and wanted it all. I tried to understand why some people were rich while others kept…
![Global Debt Hits a New High of $315 Trillion [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/05/debt-270x200.png)
The global debt stock hit a new record in the first quarter of 2024, increasing by $1.3 trillion in just three months. This deluge in borrowing is a widespread trend across economies. While the U.S. and Japan were the largest contributors across advanced economies, China, India, and Mexico drove the largest share in emerging markets….
As a mortgage broking business operating in the personal finance space, we see a large group of clients, a diverse group of clients, whose money management skills span the spectrum from those who don’t have any experience to those who have a lot. The one thing all our clients have in common is a drive…
The term “trial and success” isn’t something that people talk about. Usually, we hear of people’s successes, only after they’ve been through the course of life’s trials and tribulations, and made some errors along the way. Whether we’re talking about the field of investing or a totally unrelated pursuit, successful people have often emerged victorious,…
What leads some people to be so more successful than others? Success is a highly sought-after but often elusive goal. We all want to achieve success in our personal and professional lives and in our investing, but some people seem to be able to do so with ease, while others struggle. So, what sets these…
I’ve been studying millionaires and billionaires since 2004, which is when I began my Rich Habits Study. One of the first things I noticed is that many of these successful people share certain common traits. In this article, I will share 25 Universal Truths about success: 1. Success takes time. 2. Emotion, good or bad,…
Being Hopeful is a Common Trait Among Self-Made Millionaires. Feeling Hopeless is a Common Trait of the Poor One common denominator that kept many of the 177 self-made millionaires in my Rich Habit study pushing their ball up their hill, particularly the Dreamer-Entrepreneur millionaires, was hope. Without hope, all desire and motivation are lost. You…
When was the last time you calculated your net worth? In my mind, it’s an important part of building your wealth, because without knowing your net wealth position it’s a bit like steering a ship without a compass. You don’t really know where you are along the journey. Calculating your net worth is like taking…
