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.
It’s an unfortunate fact of life that many people are terrible with money. Sometimes it’s not really our “fault” because we’ve just learned bad money lessons from our parents, which we’ve unhelpfully carried through into adulthood. Other times, it’s because we simply spend more than we earn and have never been within 100 metres of…
When I travel the country speaking to high school and college students about exactly what they need to do to become financially successful in life, I like to begin my presentation by asking the same three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in…
Money regrets – we all have some. We’ve all made financial decisions we would ‘undo’ given half a chance. It might be the under-performing property we wished we’d passed on or that great property we wish we had really chased. Given how important financial skills are to navigating life, and the fact that schools don’t…
Many years ago I learned about the Law of Belief from one of my early mentors — Brian Tracy The Law of Belief states that, “Whatever you believe, with emotion, becomes your reality.” The Law of Belief says that you do not necessarily believe what you see, but you see what you have already decided…
Forty-one percent of the 177 self-made millionaires in my Rich Habits research study were raised in poor households. Yet, somehow they managed to break out of their poverty as adults. How? In my book, Change Your Habits Change Your Life, I shared the many wealth-building strategies/habits these future millionaires adopted, which was critical to their success and…
What does success look like? It’s fair to say that we’re living in some interesting times. People are launching lucrative careers through video platforms, such as YouTube, and making money from the number of social media followers they have. Good luck to those who are doing it, of course, but in this celebrity-driven era it’s…
How is Australia’s ageing population going to effect our economy and our property markets? Research shows Australians are getting richer and living longer but there are some potential issues ahead. Cherelle Murphy & Bansi Madhavani, economists at ANZ Bank, suggest we are getting heavier and more unwell in an environment of rising chronic illness. And…
![Understand the extraordinary power of compound interest [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/11/AdobeStock_63769691-270x200.jpeg)
Have you ever wished that you had more money, without all the fuss and effort? Maybe you’re concerned you won’t have enough saved for r etirement? Fortunately there’s actually a simple way to accomplish those things if you’re willing to learn how to put your money to work for you. It’s called compound interest, and it can…
“Five percent of the people think; ten percent of the people think they think; and the other eighty-five percent would rather die than think.” — Thomas Edison One of the things that stood out from my Rich Habits Study was how important thinking was to self-made millionaires. I tracked ten different types of thinking habits…
For the next few minutes, I want you to focus on the most successful person you know (and yes, it may be you). What makes this individual successful in your mind? Professional accomplishments? Personal wealth? Now, I want you to think of the happiest person you know. Did you come up with the same name?…
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