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
It has been a terrible time for home builders with many going to the wall because of the impact of inflation on their fixed price contracts, sparked by huge rises in the cost of materials. Over the past two years, the cost of building a new home has increased on average by 28.2 per cent.… Read more »
Financial abuse is a powerful and dangerous form of intimidation which is a lot more common is Australia than you think. Wednesday was World Elder Abuse Awareness Day with older Australians being encouraged to stay alert for the warning signs of financial abuse and scams, coinciding with new CommBank research which found this age group… Read more »
Many parents are the reason first home buyers can enter the property market – but is this really the best idea? Rising property prices are good news for existing homeowners, particularly buyers over recent years caught by rate rises increasing repayments and property values falling. At least the risk of being caught with negative equity… Read more »
Separating or divorcing a partner or de facto can be absolutely devastating both emotionally and financially. This divorce survival guide should help ease the pain. I was fascinated, and saddened, to read this week that the latest divorce rates are up 13 per cent to 56,000 a year. According to lawyers, the two most common… Read more »
“Don’t complain, I remember paying 17 per cent on my home loan…” Yes, Your Honour, I have been guilty of making this comment to my adult children as they complain about rising interest rates on their home loan. But does this argument stack up? History is very clear as this chart clearly shows. BUT things are… Read more »
Kids’ savings accounts are generally horrible when it comes to features and returns – but some are better than others. As a father of four adult children and eight grandchildren, I’ve always been interested in kids’ savings accounts. Libby and I have always tried to instil good savings habits (with mixed success) into our kids… Read more »
Teens and money aren’t generally good mates, but they are actually uniquely positioned to take advantage of the power of compounding. Lucky ducks! On his 18th birthday, my son Ben asked me how he could be a millionaire by age 50. What a powerful question – one I wish I had asked at his age.… Read more »
Have you set some solid debt limits on your household budget yet? If you haven’t, it’s high time you did. With so much talk among politicians and in the media about Australia’s national debt levels and our ongoing budget deficit, it got me thinking. How do you assess your own household debt and know when… Read more »
Trauma insurance could help support you and your family through the worst of times. A lump-sum trauma insurance payment can help you focus on receiving the best treatment available, pay for rehabilitation, and even cut back your work hours to be able to concentrate on your recovery. If you have suffered a serious illness or… Read more »
While it feels like a major hassle, the fact remains that refinancing your home loan is often the only way to get a good deal. According to digital mortgage broker Finspo, the average home loan duration is surprisingly short at 4-5 years. It’s not that people are powering through their mortgage and paying it off… Read more »
