Australia’s first national network of buyer’s agents BuyersBuyers, says that a renewed focus on property through the pandemic has helped to drive a record increase in Australian household wealth. “The latest Australian Bureau of Statistics figures showed total net wealth increasing by $735 billion or 6 per cent to a record high of $13.4 trillion… Read more »
These top money lessons are actually less about money and more about character. Which makes them the kind of life lessons that everyone should learn as early as possible. I got my first job at age 12 and I’ve been working ever since. I wouldn’t say I have “nothing to show for it” (though there… Read more »
You know the pattern: your income goes up (yay), but so does your spending (boo). It’s called lifestyle inflation or lifestyle creep, and it’s keeping you from building your wealth. Do you also have a bit of a laugh when you look back at your first salary? Mine was $18k a year, which even then… Read more »
When it comes to building wealth no amount is too small to start. Whether it’s $1000, $100 or even $50, every single dollar can be put to good use to grow your wealth. It doesn’t seem much but investing a small amount on a regular basis is the key to wealth. You’ll be stunned at… Read more »
These frugal tips prove that it’s a fallacy that you need to live a life of deprivation in order to save money. Hands up if you’re trying to save money to build your wealth right now. Everyone’s hand should be in the air, right? Whether you’re trying to save money to build wealth, buy a… Read more »
One of the questions I am constantly asked by parents is what they should teach children about money, and at what age. By Pushpa Wood, Massey University Being a parent presents us with daily challenges, including decisions about what things to expose our children to. Talking about money is no different to talking about how… Read more »
If you want to skyrocket your finances, then these simple tips will help you to reach your goals. It’s not rocket science, but it works. No matter where you are in your financial journey, you can make improvements to help you reach, or even exceed, your financial goals. There’s no better time to start than… Read more »
Objectively (and in hindsight) a lifetime income is pretty outstanding, no matter how much you’re bringing in. So where does it all go? When it comes to budgeting, it’s easy to target the obvious, like your takeaway coffees or bought lunches. But if you’re feeling deprived on your way to a goal, it can be… Read more »
Wealthy people know that there’s a difference between having a lot of money and being truly well off. Paul Sullivan, author of The Thin Green Line: The Money Secrets of the Super Wealthy, puts it concisely: wealthy people don’t just have money, they know how to protect and grow their wealth as well. This security… Read more »
Making sure your kids get a great financial education can go a long way to helping them become successful as an adult. With a bit of luck, it could even make your kids rich. All parents are responsible for helping their kids learn the ways of the world. But while most of us are pretty good… Read more »
