By far the hardest spending items to estimate in a household budget are the so called “discretionary” items. Most people are quite good at understanding how much many of their costs are – think mortgage payments or rent, loan payments,…
A huge barrier to people getting ahead with their money is financial literacy – in other words the understanding of concepts, investments and strategies. By nature, people are less inclined to do something if they don’t understand it. When it…
Did you know that there are over 11,000 registered managed funds in Australia, but only a little over 2,200 listed and public traded stocks on the Australian Stock Exchange (ASX). The ASX is that thing reported on the finance segment…
Then term “negative gearing” is often mentioned in conversations about investing. Generally it’s in the context of investing in property, but it can apply to any investment. Positive gearing is less often mentioned but no less relevant in an investment…
What does financial freedom mean to you? The ability to travel the world and build a dream home? Or to be able to enjoy a simple but active retirement, and support some good causes? We all have different desires and…
If you’re in any way interested or concerned about getting ahead financially, it’s likely you’ve heard of the book called The Barefoot Investor. As a Financial Planner who works with many people on their budgeting, superannuation, investments and overall wealth…
Renowned author Robert Collier once wrote ‘Success is the sum of small efforts, repeated day in and day out’. While this can be applied to any endeavor we set out upon, it is particularly relevant to wealth creation. Too often…
We’re big believers that people should take the initiative to learn and educate themselves about financial matters. In fact we speak with many people about general financial concepts all the time – at no cost to them except their time….
It’s pretty common knowledge some financial planners – I stress some, definitely not all – have struggled in the past to put the best interests of their clients before their own. In the wake of the 2018 Royal Commission into…
With all the recent noise surrounding the poor behaviour of the financial planning arms of the banks, one could be forgiven for wondering whether engaging a financial planner would be in your best interests. After all, the stories about the…
