You probably know the expression “You can lead a horse to water, but you can’t make it drink”. Would it surprise you if I told you that I’ve found this to be true, in particular for people I meet who want to create wealth for their future, but never quite get started … Read More
Every year in May/June, the Australian Federal and State governments hand down their budgets for the next financial year. They are presented in books over hundreds of pages thick and include forecasts of expected revenue and details of how this revenue is proposed to be spent. Well, if you need to present … Read More
Money Management Myth #1: I can’t save or invest because I don’t make enough money. I can’t tell you how many times I’ve heard people say: “I don’t make enough money to save or invest. I’m barely making enough each month to pay the bills.” This kind of thinking is so prevalent. … Read More
Getting started with investing as early as possible in your life is a smart move. Though it’s never too late to get started, it’s just like the old saying “The early bird gets the worm”. The sooner you start investing, the bigger your rewards. I talk to many people who tell me … Read More
When the cost of living goes up, most people on average incomes can handle the increases by adjusting their budgets, even if it means they have to forgo some discretionary spending to which they have become accustomed. People whose budgets are already tight may need to look at generating some extra income, … Read More
The recent Federal election brought home to me a couple of home truths again – the first one was, nothing remains the same and the second one was that change is perpetual. I want to remind all my readers: the same is true for you and your life. One of the things … Read More
You are hard at work making money, building your career or your business, and you’re building a lifestyle for your growing family. The kids love to have the latest gadgets… and if you don’t have children you are probably spoiling yourself with items you always wanted to have, and I’m talking big … Read More
The key to your financial future When people tell me “If I just had more money, all my problems would go away,” I respond by saying “The truth is, more money will never be enough until you learn how to manage what you already have.” This may sound heretic in a world that’s ruled by money, and … Read More
Every week many of us sink our hard earned cash into lotto tickets, dreaming of winning big, getting out of the rat race, living the high life and not having to worry about anything anymore. When the winning numbers are finally drawn on the day, it’s always the others who win. Sound … Read More
Most baby boomers will face seven key events in their last stage of life that will color their finances and investments. Prepare for these events by thinking about them now. It can be dangerous to generalize about the baby boomer generation, but there are seven key events that nearly everyone will face … Read More