Australians are getting richer, despite rising interest rates and inflation. The ABS tells us the average net worth for all Australian households in 2019–20 was $1.04 million. Much of this wealth can be attributed to our Baby Boomers, who reaped the rewards of the significant property boom we experienced a few years ago and long-term…
When things don’t go as planned, most people quit the struggle and move on to greener (meaning – easier) pastures. And the world is filled with quitters. Without pursuing success, life is a struggle. Even for the vast majority who are content with just coasting along, life is still filled with problems. Most people want…
What do you do with unwanted Christmas gifts? Well, according to new research from Compare the Market, a surprisingly high number of Aussies don’t keep the gifts they receive over the festive period. In fact, 1 in 5 Aussies admit to regifting duplicate presents or gifts they don’t like at Christmas. Around 16% of respondents who…
Ever had one of those days when you roll out of bed the wrong way and nothing seems to go right from that point on? We all have. Getting a jump on the day, and starting it in the right way, can make all the difference between a productive workday and one you spend in…
The transition away from active funds management towards passive management is gaining more momentum with each year that passes (for the reasons I discussed in this blog). Given that passive investing is becoming increasingly popular, I thought it was timely to provide an update on the advances that have occurred in this marketplace. Active vs passive…
I received these two messages within three minutes of each other recently: Several years back I used to mine Bitcoin, and then I sold most of them off for a down payment for our house. I had 400 BTC at one point, which would be worth $14 million today. Needless to say, I am really…
If you’re on the hunt for “happily ever after,” dreaming of you and your new love in a fairytale kiss with a sunset backdrop, budgeting is probably the last thing on your mind — but it shouldn’t be. Money is an essential part of your lives as a couple, and can actually make or break…
We all fail at times – even the most successful people. I know I seem to have had more than my share of failures along the way. One of my biggest lessons along the way was to learn to take responsibility for my failures and not blame others. Another lesson was to pick myself up,…
How are you financing your Christmas shopping this year? Well, according to the latest data from Finder, millions of Australians are expected to land themselves in debt over Christmas that could take months to repay. Their survey of 1,056 respondents found more than a fifth (21%) of Aussies – equivalent to 4.2 million people –…
Did you know your brain is like a computer’s operating system? The good news is that this means you can program your brain to choose happiness. Here are the top 10 happiness hacks: Worrying about money is one of the biggest causes of unhappiness, but no amount of money can make you happy unless you…
