Teaching Kids How To Manage Money
5 MINUTE READ Unfortunately, the school system is not that great when it comes to teaching kids about managing money. So, if you have kids of your own, teaching them how to manage their money is your job. We want you to enjoy your parenting, and we want your kids to enjoy managing money. So […]
3 MINUTE READ Everyone loves a nice holiday and we all work hard and deserve a break once in a while. And planning for a holiday is fun, it gives you something to look forward to and a date to aim for. How great is it when you leave work at the end of your […]
3 MINUTE READ Here’s a thought to ponder… The biggest regret of people over the age of 65 is that they didn’t save more money for their retirement. Retirement means no longer working (you don’t retire from life) and the reality is that most people don’t have the money to do all the things they’d […]
3 MINUTE READ The simple fact is that there are too many self-managed super funds in the hands of people who don’t need one or don’t know how to manage a self-managed super fund. Self-managed super funds are being sold to people on the following basis: CONTROL. However, that control comes at a cost… accountants, […]
4 MINUTE READ One of the most common questions about money is whether it’s better to pay money off the mortgage or put it into super. There’s no perfect answer to this question, but it’s important that if you’re weighing up this sort of decision that you do it knowing what your options are. One […]
4 MINUTE READ A nest egg is simply a sum of money for the future. Think of it this way… if you ever want to be able to afford to stop working and maintain your lifestyle then you’re going to need a nest egg. How big a nest egg? Well, that depends on what sort […]
2 MINUTE READ Sadly, there’s not much of a focus on financial education when we’re growing up. Most of us get our money ‘skills’ from a combination of what we learned from our parents and a lifetime of trial and error. With no disrespect to anyone’s parents, the reality is that most of them had […]
3 MINUTE READ. You probably haven’t noticed, but for most of your working life there’s been a creep silently stalking you. Lifestyle creep! Investopedia defines lifestyle creep as a situation where people’s lifestyle or standard of living improves as their discretionary income rises, either through an increase in income or decrease in costs. As lifestyle […]
3 MINUTE READ.There’s one really easy way to do it that you may not have paid enough attention to… There’s one really easy way to do it that you may not have paid enough attention to… pay less for the things you pay for. If you can do this, you’ll be creating savings with no […]
Having the right approach to money is the first battle that must be won on the path to creating wealth. People at all income levels offer up excuses about why they can’t save any money. You’d be surprised how many people I’ve met over the years who earn very little but are great savers and […]