Personal Finance

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.
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The rich get richer. You’ve no doubt heard that soundbite many times. Is it true? The short answer is no. Still, those raised in wealthy households have a huge advantage over those raised in poverty. Advantages Better Education – Those raised in wealthy households generally live in wealthier neighbourhoods. These neighbourhoods typically have better school…

What can a Big Mac tell us about currency rates? As it turns out, quite a lot. The Big Mac Index, created by The Economist in 1986, started as a simple tool to make currency theory more digestible. Now, it’s a widely-known measure in popular economics to assess and compare currency valuations. In short, the Big…

Ever wondered how Warren Buffett went from selling Coca-Cola bottles for a nickel as a seven-year-old in Omaha to sitting atop the Berkshire Hathaway empire with over $1,070 billion in assets? There are three key habits that helped him get there, and they’re habits everyone can adopt. 1. Never Stop Learning In Berkshire Hathaway’s 50th…

Each one of the 233 millionaires in my five-year study of rich and poor people was lucky. Fifty-six (24%) were born into it and 177 (76%) created it. The type of luck those 24% received was random good luck. The type of luck those 76% received was self-made. Luck, whether random or self-made, is a common…

Years ago while dating, I encountered a particularly charming creature. He was absolutely fascinating, charming and charismatic. From the moment our eyes met across the crowded room, I was captivated. Things moved quickly, my friend. Over the next few days, he showered me with attention and affection that left me spinning. Finally, it seemed there…

In my five-year study of the habits of the rich and poor, I discovered that luck plays a critical role in determining success or failure. In fact, 87% of the rich in my study admitted that good luck, or unexpected good consequences, made it possible for them to amass their enormous wealth. Conversely, 54% of…

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