5 things that self-made millionaires do differently
Thinking of joining an MLM as your side hustle? Read this first
10 business lessons from a lemonade stand
Rates seem to be staying down for now, so what are your low interest rate investing options? Despite all the media hoopla, the RBA has chosen to keep interest rates as they are for now. Governor Dr Philip Lowe suggests that it’s steady as she goes for the foreseeable future. “The Omicron outbreak has affected… Read more »
Many landlords don’t realise the full advantage of the tax depreciation deductions available on their investment. With tax time fast approaching, I reckon depreciation is one of the least understood financial advantages for property investors. Many landlords are surprised to learn that they can claim depreciation as a tax deduction over the lifetime of their… Read more »
At what point does a self-managed superannuation fund (SMSF) become viable against the big funds? It’s one of the age-old questions of superannuation: at what point is it viable from a cost and performance perspective to transition to a SMSF? In years past, a general rule of thumb was that you’d need to have $750k-$1… Read more »
Filling up at the pump has never been so expensive. What drives the price of petrol so high and is there anything we can do about it? The price of crude oil is at multi-year highs and that has a flow-on effect directly to the bowser. In a nutshell, crude oil’s price has been affected… Read more »
Rather than leap straight in, expert investors often use a ‘nibble’ strategy before taking further action. It is fascinating to me how professional investors are handling these volatile times on the sharemarket. Clouded by rising inflation and interest rates, the political tensions around Ukraine and the fundamental shift away from growth to valuing investing, equity… Read more »
Caring for elderly parents who are finding it difficult to look after themselves financially is a big commitment. It can cause friction, but it doesn’t have to. It is a sad story which touches so many Australian families when elderly parents can no longer care for themselves. Responsibility invariably falls to the children, which can… Read more »
Love and money is always tricky but it seems millions of Australians are happy to keep their spending habits a secret from their partner. Almost 20 per cent of us aren’t honest about spending. A new Canstar survey asked Aussies how much money they feel is acceptable to spend without telling a partner. The results… Read more »
After 11 years of interest rate cuts down to record low levels, interest rate rises are about to start, which could hurt many borrowers. But there are four things you can do to lessen the pain of interest rate rises. It’s worth exploring these so you don’t end up paying more in interest than you… Read more »
If you’re risk averse, investing can feel very overwhelming – but if you pick the right investments, it doesn’t have to stress you out. One of the highlights of my day is hosting The Call at midday AEDT on www.ausbiz.com.au. Viewers send in shares they want an opinion on and I put those suggestions to an… Read more »
Data shows that Australians have never been wealthier and our household finances are in the best shape they’ve been for years. If that’s the case, why is it so hard to make ends meet? Retirees and families are feeling the pinch because while their assets (superannuation and property) have been rising in value, interest rates… Read more »
