Despite years of advocacy and progress, women in Australia continue to face significant hurdles when it comes to achieving equal pay. A new report by Finder, in collaboration with UN Women Australia, shines a spotlight on the challenges that persist and the attitudes that may be holding back progress. A nation divided: the gender pay…
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…
I’ve been at this Rich Habits thing for 17 years now. I’ve written extensively about the habits parents need to instil in their children for them to grow up to be happy and successful in life. An easy measure of success is money, so you can’t dance around the reality that realising success also means,…
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…
A new client recently came to see me. He was a little hesitant at first as he had been using an accountant, lawyer, and financial planner and was apprehensive about the value Metropole Wealth Advisory could give. He left my office almost in tears when he realised the cost of his poor previous advice. Given that…
How does money influence you? When does money go from being a positive to a negative force in our lives? When it becomes an obsession, and it’s one of the last things you think about before going to sleep, and the first thing you think of when you wake up. If you judge the integrity…
Cryptocurrencies and other digital assets have enjoyed an astonishing rise into mainstream consciousness in recent years. Despite all the hype – perhaps partly because of it – investing in them can still expose us to serious risks. Last year, Australians lost A$2.74 billion to scams. Investment scams topped the list of ways we were fleeced,…
Are you faced with a problem? Psychologist Rick Hanson, senior fellow of The Greater Good Science Center of UC, Berkeley has studied something called negativity bias for years. He found that our brains are all hardwired for negativity. Negativity Bias is the habit of focusing on worst-case scenarios when we are confronted with problems. Our…
As I get older and wiser, I think there is a real problem going on in the world today. I feel like so many people walk around with a general sense of entitlement and it’s so damaging. This truth might hurt, but the world doesn’t owe you anything. That might sound harsh, but accepting that…