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
Yesterday Westpac hiked its fixed rate home loan for the second time in less than two weeks, and today the CBA followed suit. Which begs the question: Is it time for a fixed-rate home loan? Three-year fixed-rate mortgages are tied to market rates of that term because banks borrow or hedge interest rate risk at… Read more »
Learning the big sharemarket lessons needn’t cost you your savings. On any given day, week or month, share prices are affected by variables that are outside an investor’s control. When those variables make the sharemarket go up, we celebrate. But when things are down, many panic and start offloading their shares in an attempt to… Read more »
If dealing with *everything* women tackle wasn’t already enough, there are certain ‘women’s financial problems’ they have to manage, too. I’ve always been passionate about encouraging women to take an interest in their money, rather than taking it for granted or surrendering the responsibility to a partner. Having seen friends struggle to make ends meet… Read more »
There are benefits for home owners during a property boom. One is that the equity in your property rises, adding to your wealth. While the value of a loan basically stays the same, or reduces if you’re on a principle and interest loan, a rising property market means the share you own in your place… Read more »
Mixing love and money can often kill the romance, according to some fascinating research from comparison website Finder. It found no savings, unpaid debt and poor financial knowledge have all led to Australians getting dumped from a relationship. And 40 per cent of people have no idea what their partner is worth… now that is… Read more »
You don’t have to win big to be a millionaire. Here’s how anyone can save a million dollars – yep, even you. As a nation we love to dream about getting rich quick. Over half of all Australians gamble each year and 8.6 million of us buy lottery tickets. But in the search for the… Read more »
In a nutshell, dollar cost averaging is an investment strategy that can minimise your risk. When it comes to trading shares, the old adage of buy low sell high seems to make perfect sense. But no one can predict the future and even investment professionals struggle to time the market correctly. As for everyday investors,… Read more »
Aussie banks are wising up to new spending habits by offering no-interest credit cards. But do they stack up against BNPL offerings? The extortionate interest rates still being charged on most credit cards is outrageous. Australians are onto this rort and credit card usage and outstanding balances are plummeting. Another factor has been younger consumers… Read more »
The volatility of global sharemarkets prompted me to ask sharemarket gurus for the stocks on their crash watchlist. I’m really lucky because every weekday on my Ausbiz program, The Call, I get to pick the brains of the best sharemarket analysts in the country. Like me, they are all a bit wary of the volatility… Read more »
You wouldn’t wish a personal financial crisis on anyone. A personal financial crisis (PFC) can be so debilitating across your entire being. It can feel as though your whole life is about to come crashing down like a house of cards. A PFC can be triggered by a range of factors but the most common… Read more »
