I spent five years studying the daily activities of wealthy individuals. I learned so many things that I’ve spent the better part of seven years sharing that information to help those who were struggling financially pull themselves out of the abyss that is poverty. I’d like to share some of the myth’s about money I…
Australians continue to face the pressures of higher costs of living, particularly with credit card spending. In fact, Australia’s total credit card bill has climbed for the second month in a row to $17.77 billion as households reach for the plastic to make ends meet in the face of rising costs. The latest RBA statistics…
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 always begin my presentation by asking three questions: “How many want to be financially successful in life?” “How many think they will be financially successful in life?” Almost every…
What lies ahead in the next 10 years? This is a question frequently pondered by those involved in the realms of government and business, particularly as Australia’s population undergoes growth and change. Monitoring the latest population trends and their societal implications is of great importance. According to the Australian Bureau of Statistics national population report,…
Cash-strapped Aussies are turning to gambling as a ‘quick fix’ as expenses spiral out of control, According to new research by Finder almost 1 in 5 Australians (18%) have increased their gambling habit over the past year. That’s 3.6 million Aussies who have upped their spending on everything from powerball to pokies. The research found…
I’ve often said that any problem money can solve isn’t a problem – and maybe this is true for business and investment matters. That said, there are still lots of things money can’t buy. You’ll never look back on your life and wish you’d spent more time at work, or reminisce about all the fun…
As new policies, prices, thresholds and eligibility criteria move into the new financial year, a raft of changes is coming into effect from the 1st of July. From young Aussies looking to buy their first home to retirees dependent on the pension, these new rules will have some pocketing more dollars, while others are forced…
Are you looking to build a level of wealth or financial security like the majority of Australians? It is the most common answer I get when I ask clients what they would like to get out of their investments. ……“Financial Freedom” It is the Holy Grail of Investing and one that few people ever get…
There are a growing number of people in Australia wanting to create wealth by undertaking a small property development. Unfortunately, many people attempt it when they don’t have the knowledge or the know-how, and they end up financially worse off than they were before. Others, while clearly capable of managing the project, don’t set up…
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 are more than $1 billion of…
