Everyone in Australia has a credit score. It acts as an important indicator for lenders to gauge reliability and risk when it comes to repaying a home or personal loan. This means a good credit score is essential for securing a better interest rate on loans and boosting your overall financial health. No matter what…
Almost everyone will experience an unexpected financial loss at some point in their life. In the current cost-of-living crisis, the cost of groceries, utilities and mortgage repayment bills are high enough already, so an added out-of-the-blue expense could be enough to send your finances into a tailspin. From property damage to an unexpected medical emergency,…
Hardly anyone thinks about their legacy – the impact of the life they leave behind. We really only give it some thought when we read an obituary of someone we know. In May of 2000, I read an obituary about a friend’s father that left me in awe of the man. There were numerous non-profit…
After I completed my Rich Habits Study, one thing became very clear – the rich, at some point during their success journey, get lucky. Luck was so critical to the success of many of the self-made millionaires in my study, that I felt it imperative to address it right out of the gate in my…
Everyone has experienced an unexpected financial emergency. And amid the current cost-of-living crisis, when the cost of groceries, utilities and mortgage repayment bills are high enough already, an added out-of-the-blue expense could be enough to send your finances into a tailspin. From a broken window to an unexpected medical bill or even a loss of…
Sluggish global markets, high inflation, high cost of living and a heated property market mean our finances are constantly shifting. And even billionaires aren’t immune. Forbes released its annual rich list for 2024 earlier this year, where it showed that there are more billionaires than ever – at 2,781 people across the globe in total,…
I don’t know about you, but there have been times in my life when I’ve had to give up certain things. No one likes doing this, especially if what you’re giving up is enjoyable stuff! New Year’s resolutions are all about giving up what is not good for us in the long term. It could…
Backed by extensive research people’s number 1 soul-crushing regret in their life probably won’t surprise you. Romantic regrets for women are the most common type. For men, work regrets are the most crippling. People regretted actions and inactions to equal degrees. But, it was regrets about things people didn’t do that lasted the longest. Here…
The average person sees over 5,000 marketing messages a day. Almost all of it says the same thing: “Buy this and you’ll be happier, healthier, cooler or better looking.” It’s always been this way, only now, the Internet and social media have amplified the frequency and intensity to a point where it’s inescapable, and a…
A few weeks ago I wrote a blog about the one thing that stops most people from making the most of their financial opportunities including making regular investments. It was my thesis that a lack of context is the main cause. Having a long-term plan provides you with the context required to make mistake-free financial decisions. It is difficult to…
