There’s no better time than the present to get your personal finance in order.
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.
Ok – it’s time to review the goals and resolutions we made in January. What is that saying about the best-laid plans? Planning is one thing, but on its own is really pretty ineffective. If you think about it, I can plan to take a nice holiday but unless I get on the plane, the…
It’s coming up to tax time and while many of us might shudder and put it off, we should relish the thought of a legitimate tax refund. Unfortunately, many people only think of tax when it is time to lodge their return. In fact, I recently heard that there is more than $1 billion of legitimate…
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…
The end of the financial year can sneak up on you, can’t it? Before you know it, 30 June is approaching – or has past – and you aren’t as prepared as you wanted to be. Unlike the onset of spring, when our minds perhaps turn to more growth-oriented ideas, the wintry end of the…
Smart property investors use all the legal tax rules to minimize their cash flow leakage and maximise their deductions. The government encourages property investors to provide accommodation for those who need it by offering them a range of tax benefits. While most investors know about the typical tax deductions, such as interest on loans, repairs and management fees,…
Taking control of your personal finances and getting rich is simple, but it’s not easy. And that’s not a play on words. It’s simple if you know how, but not easy because of our bad money habits. New York Times columnist, author, and financial planner Carl Richards regularly has his articles published here on Property Update. I asked him…
The maths behind financial independence is incredibly simple. So why do so few Australia’s achieve financial freedom? It’s not for the lack of knowledge – there are so many money blogs, videos and podcasts out there. Instead, it’s a combination of our mindset, habits and behaviours that rule our financial destiny. So let’s look at…
The recent strawberry sabotage by a reportedly disgruntled employee – and potentially others who appear to have simply jumped on the bandwagon for some terrible reason – is a timely reminder of the importance of business insurance. With many businesses facing difficult economic times due to rising costs, increasing competition as well as changes to consumer…
There is no doubt that COVID-19 will be remembered as a lifetime event that changed the world forever. This unprecedented pandemic continues to destroy many families with the death toll rising daily, and crippling the global economy at large. Just like any other crisis that has come and gone, there are lessons we can all…
When will the peak of Australia’s federal budget deficit come, and what does this mean for net public debt? Is budget stimulus still necessary to avoid the worse outcome? Does the government plan to implement economic reforms to cover Australia’s budget deficit? These questions were answered in a recent Oliver’s Insight, by Shane Oliver, Head of Investment…
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