Would you recognise a millionaire?
When I was growing up, a million dollars could set you up for life. While a million dollars doesn’t quite go as far as it used to, being a millionaire is still the exception rather than the rule. There are lots of millionaires in Australia, so chances are there are a few living near you. […]
Showing people on normal incomes how to become rich is my passion! But what do I mean by rich? I mean creating the wealth needed to sustain the lifestyle you enjoy. I’ve seen so many people over the years reach the age of 55 or 60 and then seek out financial advice. While there’s still […]
I’m often surprised at the level of fear people have about getting financial advice. I guess in some ways it’s a bit like going to the doctor… people fear getting bad news. Many people know they are not really doing what they need to do and sometimes it’s easier to just keep kicking the can […]
2020 has been one crazy year and it’s still got a little way to go yet. When it comes to investing, both inside and outside superannuation, 2020 has been another case of proving just how costly it is to panic. In the early days of the pandemic in March, sharemarkets around the world suffered a […]
80% of Australians don’t have enough money to fund their retirements Half of all single people retire with assets valued at less than $100,000 95% of all Australians never achieve financial independence Sadly, by the time most Australians realise they’re not going to have enough money to retire the way they would have liked, it’s […]
For most of us, the biggest financial enemy we face is inertia. Inertia is a tendency to do nothing or to remain unchanged and when it comes to our money, it can have a massive impact on what our lives are going to look like in the future. Think about the big pieces of your […]
For a few months now, we’ve been hearing about Victoria and a roadmap out of their coronavirus second wave. It has only been recently that the roadmap has started to take shape. They had to first get on top of the problem before they could start to think about the pathway out. What’s interesting to […]
Do you try to squeeze (or roll?) every bit of toothpaste out of the tube to get the most for your money? I think most people do this. Waste not, want not. It’s possibly fair to say that many people put more effort into managing their toothpaste than they do on having a financial plan […]
I was reading the NRMA’s Open Road magazine the other day and their comparison between two vehicles grabbed my attention. Here are a couple of quotes from the article: “These vehicles have a surprising number of similarities and are almost inseparable in performance, ride, handling, fuel economy, quietness, comfort and build quality.” “Unless looks and […]
Is it possible you’re one of the money G.I.A.N.T.S? Money G.I.A.N.T.S are people with Good Income And Nothing To Show. It may be more likely that rather than nothing to show, you simply don’t have as much as you should for all your years of hard work up until this point. Let’s dig a little […]