So much of our life these days is scheduled around work, kids, family commitments and general life admin. Many of the hard-working readers of this blog know exactly what I mean. You devote so much time to working to get ahead and being financially free that it leaves very little time to just ‘be’. And…
No one ever sets up a business with the intention to fail. Rather, entrepreneurial types are motivated by a multitude of factors such as personal drive and ambition or a desire to work for themselves or to create a particular product or service. Sometimes it’s as simple as wanting to be in charge of our…
Approaching any starting line can be daunting, and adulthood can be full of new beginnings. Finding a job, buying a car, marriage, buying a first house, kids, buying a forever house, college, finding a new job, retirement. Then, of course, life happens along the way. Taking it day by day can be tedious, whereas eying…
When it comes to being wealthy, research has found that if you’re rich you’re likely to live longer, too. Now this isn’t because wealthier people have better or healthier genes. What it means is that they live longer because they have the funds to invest in their health. Plus, they tend to have a mindset…
Do bad things happen to you? How often? Seldom, occasionally, more than occasionally, all the time? If bad things are a part of life for you, it’s time for some serious introspection. We are creatures of habit. That means we do things without consciously being aware that we’re doing them. When life goes wrong too…
As we near the end of the financial year, it’s wise to reflect on how you can optimise your tax position for the 2023/24 financial year. Below, I’ve outlined the factors we typically consider when reviewing a client’s position. Firstly, estimate your tax position When undertaking tax planning, the initial step involves estimating your tax…
Whether or not we’re aware of it, there are two wars raging inside each one of us: Taking Action or Procrastinating. When we take action on our dreams and goals it moves us forward in life. Action creates ripples that produce feedback, which is critical in understanding if we are on the right track or…
Impulse purchases are costing people thousands of dollars every year, according to new research by Finder. The survey of 1,071 respondents found the average Australian splurges $44 a week on impulse purchases – $915 million nationwide every 7 days. That’s the equivalent of $2,278 a year – $47.5 billion nationwide – spent on everything from chocolate…
As tax time is approaching it’s time to get all your financial ducks in a row. And this year, it’s more important than ever for property investors to get it right. The Australian Taxation Office (ATO) has announced it will focus on three areas where people make the most mistakes on their tax return, and…
Australia’s total credit card debt attracting interest charges has risen for the fifth month in a row, as households across the country struggle to get on top of their credit card debt. According to the latest RBA credit card statistics for the month of April, the total credit card bill attracting interest on personal credit…
