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
Over the last couple of months, I’ve been talking about the rise in the value of gold. This week the value of the precious metal topped $US 4,000 an ounce and in Aussie dollar terms, it broke through AU$6,000 an ounce. The below chart tracks the return on gold (the orange line) compared to the… Read more »
Many homeowners can start saving – regardless of what the RBA decides at their next meeting. While you (and many other Aussies with mortgages) might be hanging out for an interest rate cut, there are steps you can take right now to reduce your repayments. Lock it in The average interest rate on outstanding home… Read more »
Like much of the recent media commentary, I’ve pointed out that while the First Home Buyer Guarantee makes it easier for first home buyers to enter the market, it won’t solve the housing crisis. The only real solution is to build more housing. It’s that simple. If anything, the First Home Guarantee will push up… Read more »
Selling a business, receiving an inheritance or picking the trifecta on the Melbourne Cup can all result in an unexpected windfall. But working out what to do with the money is not always simple. There are so many options out there and no one wants to throw it all away doing something stupid. So if… Read more »
One of the people at work is buying her first home with her partner and, being the finance nerd I am, we’ve been chatting through each stage of the process. It started with saving the deposit, then getting finance approved and negotiating the price now that they’ve found a property that fits. And while none… Read more »
We all know that talking about property is close to a national sport (behind AFL of course) here in Australia. With the Reserve Bank Governor, Michele Bullock, adding to the chat this week, it’s been as captivating a conversation as watching a grand final. Well not quite, but here’s what went down. A supply issue… Read more »
A record number of property investors are selling because of rising costs, legislative uncertainty, and concerns over proposed federal tax reforms. Basically landlords, much maligned by tenants and governments for ‘causing the current rental crisis’, are pulling out and investing their money somewhere else. As I’ve warned previously, higher taxes and reducing the rights of… Read more »
Is it just me or has this year just melted away? We’re nine months in and there have even been reports of Christmas plum puddings appearing on supermarket shelves. I’m not ready! If you’ve made it to this point without achieving what you wanted to financially, it’s not too late to make some progress before… Read more »
Boomers, we are not to blame. I’ve talked about the intergenerational wealth wars a lot in the past where younger Australians begrudge older Australians for everything from pushing up property values and living a more lavish lifestyle, to retiring on supposedly excessive superannuation payouts. As I’ve said before, these intergenerational wars of financial envy are… Read more »
Planning a summer holiday? The trick to getting a great deal isn’t one magic website. Instead, you should be putting together your own portfolio of great tools. Here’s how I reckon you should approach travel bargains so you don’t get stung on money or insurance. Where the best deals are hiding Start with community power.… Read more »
