Are you smart enough to learn from your elders?
None of my beautiful children have yet hit the teenage years, but I still remember being a teenager myself. It’s an awkward phase of life where you think you know about the world and it’s only when you’re older that you realise how little you knew at the time. Many grown adults are in a […]
“Things seem to be going okay”. These are the most dangerous words I hear people say when it comes to their financial future. When it comes to things like superannuation and investments, the most important question you need to consider when evaluating them is, “compared to what?”. Feeling like things are going okay is no […]
There is one thing you have to get right if you’re ever going to get ahead financially… and not being able to do it is the one thing that holds most people back. The number one determining factor in how financially successful you will be is your ability to pay yourself first! What do I […]
For most of us, Easter is a time to have a break and hit the pause button after getting the first stage of the year out of the way. For many, it’s a chance to have a holiday, particularly this year when there’s the opportunity for a 10-day break using only three days of annual […]
In almost two decades of working in financial services, I’ve come to find there are common money mistakes that too many people make. I’m sharing them with you in the hope that you can avoid as many of them as possible! 1. No Set Goals You are going to work for a certain number of […]
Last week I talked about the free lunch available to everyone when it comes to investing. This week I want to talk to you about the best friend you will ever find when it comes to investing. First name: Compound. Second name: Interest. Albert Einstein once described Compound Interest as ‘the most powerful force in […]
We all know the saying, “There’s no such thing as a free lunch.” Well, when it comes to investing, you really can get something for free. The amazing thing about this free lunch is that it’s available to everyone! Drum roll please… when it comes to investing, diversification is your free lunch. Diversification is about spreading your investments […]
“Will my money run out?” – It’s the question that keeps retirees and pre-retirees awake at night! Money is the number one cause of stress and for many that stress is magnified once they stop working. That’s because once someone retires, it’s highly unlikely they will ever go back to work and therefore what they […]
There’s a very traditional way that people plan their financial futures in Australia… they don’t! Our knockabout culture has meant that for generations people have relied on the “She’ll be right mate” attitude to guide them through the stages of their financial lives. That is, right up until the time they realise they are not […]
In a society driven by social media and an ever-increasing conditioning of us to “keep up with the Joneses,” it can be tough not to compare yourself to others. Social media would lead you to believe that every person you know is going on overseas holidays, buying new cars, doing renovations, eating out and buying […]