Let me ask you a confronting question. Are you where you thought you’d be financially by now? If you’re like most Australians, the answer is probably “not quite” – and that’s OK. In fact, you’re not alone. But let’s take a step back for a moment and really think about why that is. Because if…
What does it take to be in the top 1% of wealthy people? Is it a matter of luck, hard work, education, or perhaps a combination of these? And more importantly… why do so few people actually get there, even though most dream about it? We know that true wealth is much more than how…
We often talk about the rising cost of living, but new research shows just how much pressure it’s putting on everyday Australians, so much so that millions are dipping into their own pockets to keep loved ones afloat. According to Finder, more than 7.7 million Australians have given financial help to friends or family in…
The average individual performs far below their abilities. They do what they have to do to survive; to get by. They avoid taking risks that could disrupt their lives. True success is the byproduct of unleashing your innate abilities; exposing them to the light of day for all to see. But this requires risk. That…
Have you ever wondered how much tax will you pay in your lifetime? If you’re like the average Australian worker earning $120,000 a year, you might guess a few hundred thousand. But what if I told you the true figure is over $2 million? Yes, that’s right – if you simply earn your salary, pay…
Relationships are much more complicated these days, aren’t they? It’s common for couples to purchase a property before they have walked down the aisle or even lived together, which raises the question of who gets the house if they break up? It’s surprising more couples don’t give this a second thought. They assume they’ll be…
Most people don’t like to talk about money – they don’t like to talk about it with their spouses. They don’t like to talk about it with their kids and they don’t like to talk about it with their friends. Why is that? There are two driving factors that make money a taboo topic: #1…
What do wealthy people do to become wealthy?” The answer is – “They create their own good luck”. But how can you create good luck? Before I answer that question we need to understand luck. There are four types of luck: Random Good Luck Random Bad Luck Opportunity Good Luck and Detrimental Bad Luck Random…
Let’s be honest—playing the lottery feels like harmless fun. A couple of bucks for a shot at financial freedom, right? But here’s the problem: it’s not harmless when people actually believe it’s a strategy to build wealth. It’s not. It never was. In fact, I’d argue that playing the lottery is just a tax on…
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…
