In an increasingly digital world, the frequency and sophistication of financial scams have escalated, posing a significant threat to unwary Australians. The government projects that scams cost Australians $3.1 billion per year. So let’s dissect the common tactics used by scammers and look at a few strategies to avoid falling prey to these schemes. What…
Personal Finance
A POWER NEGOTIATOR
- The negotiation tricks used by the professionals
- The rules of negotiation
- The 5 big negotiation mistakes you must avoid
- The myths of negotiation
Success means different things to different people. For some, success may be defined by having a happy family life, with ample time to spend with our loved ones. For others, their version of success might be based on wealth creation or career trajectory. But while success is mostly individual, there are collective transformative habits that…
Australia, along with the rest of the world, is on the cusp of the largest intergenerational wealth transfer in history. Termed as the “great wealth transfer,” we’re looking at an eye-watering US$68 trillion (A$100.2 trillion) moving hands globally over the next 20-30 years. This shift, predominantly from the baby boomer generation, is not just significant…
As we all know, the path to success is a long and winding road paved with detours, potholes and the occasional ‘wrong way, go back’ sign. It’s never smooth, and it’s never straightforward. But persist, work hard and learn from your mistakes and you’ll get to the top of the mountain. On your way, you’ll…
In September of 2016, my family and I moved from the mountains of Utah to New Zealand. It was hard. Really hard. Like, harder than I expected. I’m not complaining. I’m just stating, that “travel” is not just the beautiful sunsets, gorgeous beaches, and interesting people you see on Instagram. I totally underestimated the cognitive…
I like buying high-quality things. And for the longest time, I’ve had this sneaking suspicion that buying high-quality stuff, which perhaps initially was more expensive, actually saved me money in the long run. It wasn’t until very recently, though, that I noticed a strong argument in support of my hunch. The other day, I was…
I don’t run into too many people who love to budget. And when you add another person to the mix, like a spouse or partner, there’s a good chance one of you will actually hate the idea. Budgeting clearly has a marketing problem. It’s a bit like flossing. We understand how important it is to…
What are the main drivers of our investment markets? And, in particular, how do psychological peculiarities affect investors’ behaviour, way of thinking, and, eventually, their success? These and other questions were raised and answered by Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP in his an Insight he wrote…
In this article, I’m going to give a bit of career advice to your kids. Many of you are probably homeschooling, you are trying to ensure that your kids have the best possible future. What kind of subjects should you encourage your kids to focus on? Well, let’s think about what we know about the…
What’s happened to your salary recently? Has it gone up? The average Australian salary is $1,888.80 per week or $98,217.60 annually, according to the latest data provided by the Australian Bureau of Statistics. This represents an increase of 4.5% year-on-year and you won’t be surprised to find out mining remains the highest-paying sector with an average salary of $2,951.80…