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
I’ve found it’s actually our basic psychology that pushes us to make bad decisions with money. But you can hack the system… The more research and work I do with people around money, the more I realise we’re actually hard wired to be unsuccessful. We’re destined for failure from the start and actually have very… Read more »
It may not feel like it but, it’s official, the average Australian has never been richer… on paper at least. Before I go through the figures, I should point out that Aussies are asset rich but cash poor. The value of their superannuation and houses have skyrocketed, but not their wages. That’s why you don’t… Read more »
No matter where you are in life, partnering with a good financial adviser will help to set and achieve your financial goals. But with over 15,000 advisers operating in Australia, finding someone with the right combination of trustworthiness and expertise can be tough. Here are five tips to get things started and give yourself your… Read more »
During COVID, all levels of Government provided economic stimulus payments to business and individuals. Many have to be included as income in your tax return and it can be confusing to know which ones apply. Here’s a quick summary of how each kind of payment should be treated in your tax return. If you’re unsure… Read more »
Would you believe that according to figures from the Reserve Bank, Aussies paid $3.56 billion in personal bank fees last financial year? That equates to around $364 per household in bank fees a year. The good news is we’re wising up to the bank fee rorts – these amounts were 10 per cent down on… Read more »
While the term “debt” can make most Aussies cringe and run in the opposite direction, there are a number of ways you can use debt to your advantage and build wealth. It may sound like the biggest oxymoron in history, but it’s true – if done responsibly and with the right guidance. Remember though, before… Read more »
It comes around every year. When our attention turns to the fiscal fiend and the amount of tax he has slugged us. Naturally, as good citizens, we don’t mind paying the right amount of tax but we are damned if we are going to pay a penny more than we have to. The problem is… Read more »
As the sharemarket rollercoaster continues, it’s worth just taking a deep breath and reviewing the golden rules of investing. Let’s be honest, there’s no true formula for finding success in the sharemarket. There are so many factors at play, not least of which is your own investment personality. How much risk are you comfortable with?… Read more »
Are you tired of the outrageous interest rates the banks are still charging on credit cards? Understandably there’s a growing trend of getting rid of them altogether! Frankly the banks and credit card companies have been treating us like mugs for so many years, but now we’re telling them to get stuffed. The interest charged… Read more »
Property and shares are the two most common ways of building wealth in Australia. But which one is better for you? Shares and real estate have both generated reliable income and capital returns for Australians over the long-term. However, whether to invest in property, shares (or both) often leads to heated debate. The 67% of… Read more »
