Want to know the number one secret that the wealthy use to become rich? I’ll share that in a minute, but first let me ask you…given a choice, which of the following would you prefer? One cent that doubles every day for 30 days, or $1,000,000 In my opinion, most people would likely choose $1,000,000….
When I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life I always begin my presentation by asking three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in life?” Almost every…
In a reflection of the ongoing financial strain on households, Australians spent a record $27.43 billion on personal credit card purchases in August 2024, according to the latest data from the Reserve Bank of Australia (RBA). This represents an increase of $814.3 million (3.1%) compared to the previous month and a staggering $1.23 billion (4.7%)…
My parents had many failings. I’m sure yours did too. But when do we stop blaming our parents for the person we’ve become? For some, this happens in their 20s. They make it through the tumultuous teenage years and they achieve clarity. For others, it doesn’t happen until the birth of their own children. Frankly,…
Everyone in Australia has a credit score. It acts as an important indicator for lenders to gauge reliability and risk when it comes to repaying a home or personal loan. This means a good credit score is essential for securing a better interest rate on loans and boosting your overall financial health. No matter what…
Almost everyone will experience an unexpected financial loss at some point in their life. In the current cost-of-living crisis, the cost of groceries, utilities and mortgage repayment bills are high enough already, so an added out-of-the-blue expense could be enough to send your finances into a tailspin. From property damage to an unexpected medical emergency,…
Hardly anyone thinks about their legacy – the impact of the life they leave behind. We really only give it some thought when we read an obituary of someone we know. In May of 2000, I read an obituary about a friend’s father that left me in awe of the man. There were numerous non-profit…
After I completed my Rich Habits Study, one thing became very clear – the rich, at some point during their success journey, get lucky. Luck was so critical to the success of many of the self-made millionaires in my study, that I felt it imperative to address it right out of the gate in my…
Everyone has experienced an unexpected financial emergency. And amid the current cost-of-living crisis, when the cost of groceries, utilities and mortgage repayment bills are high enough already, an added out-of-the-blue expense could be enough to send your finances into a tailspin. From a broken window to an unexpected medical bill or even a loss of…
Sluggish global markets, high inflation, high cost of living and a heated property market mean our finances are constantly shifting. And even billionaires aren’t immune. Forbes released its annual rich list for 2024 earlier this year, where it showed that there are more billionaires than ever – at 2,781 people across the globe in total,…
