It’s time to stop ‘getting around to’ pulling in your spending and make some simple changes to save money right now. This minute. According to Credit Suisse’s Global Wealth Report, Australians are the richest people in the world. But it sure doesn’t seem like that. While superannuation and property values have had good gains, slow… Read more »
Take these steps to cut your insurance premiums and you’ll probably save a fortune too. Monday morning this week I set some time aside to look at all the insurance our family is paying each year. I was inspired by articles like this one and this one. On the one hand, I wanted to make… Read more »
Feeling stressed about money can affect your whole life – just look at the people who signed up for Squid Game. Try this strategy to conquer your money troubles and get your life back under control. When you’re stressed about money it’s hard to think straight. Everything in your life feels basically hopeless. Money feels… Read more »
Becoming a master of delayed gratification means you can buy as many marshmallows as you want, forever. Delayed gratification is basically your ability to resist the allure of an instant reward and hold out for a potentially greater reward in the future. It was first explored in the famous 1972 Stanford marshmallow experiment by psychologist… Read more »
Why is it that you’re constantly getting into financial trouble even though you try so hard? Could you somehow be self-sabotaging your finances? No, you’re not intrinsically bad with money. But you might be unintentionally self-sabotaging your finances. All the budgets, savings plans, investment advice and frugal tips in the world aren’t going to help… Read more »
There’s a 10-year-old book by Steve Siebold doing the rounds again. For good reason. How Rich People Think taps into the psychology of money and there’s a lot to learn from its pages. Back in 2010, author and self-made millionaire Siebold interviewed 1500 rich Americans to try and find out what makes them different to the… Read more »
It’s no big secret, but the golden rule to grow your wealth is often the hardest rule to follow of all. There are many ‘rules’ to growing your wealth and being comfortable with money. Here are several that deserve to be at the top of the list: Spend less than you earn Protect your assets… Read more »
Australia’s first national network of buyer’s agents BuyersBuyers, says that a renewed focus on property through the pandemic has helped to drive a record increase in Australian household wealth. “The latest Australian Bureau of Statistics figures showed total net wealth increasing by $735 billion or 6 per cent to a record high of $13.4 trillion… Read more »
You’re pretty sure you want to start investing, but it all feels complicated and confusing. In today’s Sharemarket 101 lesson, we translate the sharemarket jargon to help you feel more at ease. Sharemarket jargon is up there with mortgage jargon and real estate talk. Actually, sharemarket jargon is probably on a podium all on its… Read more »
Salary sacrificing can be an attractive way to buy the stuff you need while reducing your taxable income. But it’s not necessarily for everyone. Salary packaging can be a complicated thing to get your head around. Whether it’s right for you depends on your income, work arrangements, buying habits and even your retirement plans. What… Read more »
