Will My Money Run Out?
“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 […]
The final report from the Banking Royal Commission has been all over the news in recent days. The Commission has shone a spotlight on an industry that has let Australians down and many changes have been recommended, but did it go far enough? The share prices of wealth managers AMP and IOOF jumped after the […]
I was watching a re-run of Jerry Maguire the other day and the ‘Help me help you’ scene reminded me a lot of my job. You might remember the scene where Jerry is pleading with Rod: “I’m out here for you! You don’t know what it’s like to be me out here for you. It […]
How much does your loyalty cost you? Keep reading to see how it may be costing you the equivalent of free cars for life. Loyalty is defined as a strong feeling of support or allegiance. Undoubtedly, there are people in your lives who you are loyal to and who are loyal to you. Loyalty is […]
Can you answer these questions? What interest rate are you paying on your mortgage? What fees are you paying on your mortgage? What admin fees are you paying on your super? What investment fees are you paying on your super? If you’re paying for financial advice, how much does it cost you each year? […]
One of my goals is to improve financial literacy in the Central West. Why? Because most people never get taught much about money, how it works and how to manage it. And while some people might not be too fussed about that during their working lives, I’ve seen far too many people who’ve come to […]
Unless you’ve been living under a rock, you would be aware of the banking royal commission, which has shone a spotlight on the toxic culture of the banking and financial services industries. Sadly, the financial advice industry has often attracted the equivalent of dodgy used car salesmen… those with the gift of the gab who […]
You more than likely know the story of ‘How the Grinch Stole Christmas!’… the green, grouchy Grinch, disguised as Santa Claus, steals all the Christmas presents, trees and food from the town of Whoville on Christmas Eve. At one point, he is interrupted by a little Who girl, however he crafts a lie to allow […]
New research from Ernst & Young* has revealed that only 20% of people trust their banks to give them unbiased advice that puts their interests first. WHAT? My mind boggles. That means there are actually 1 in 5 people who believe their bank would give them unbiased advice! And when it comes to advice from […]
Milk, and subsequently dairy farmers, have been in the news a lot recently and it got me thinking that when it comes to our money, in essence, we’re all farmers. We’re farming money in a similar way dairy or beef farmers operate. We’ve got a herd of dollars that we’re trying to grow for sale […]