The source of financial stress
Two years ago I wrote about relieving financial stress for Stress Down Day. Fellow financial educator Carl Richards of Behavior Gap just released a new diagram that summarises one key source well: One value of financial planning is in removing the uncertainty and replacing it with clarity of direction and the confidence to act. So [...]
Better budgeting
For many people the word “budget” conjures feelings of restriction. (Just like the word “diet”.) However a good budget should be the exact opposite. It should facilitate you having enough money for the things that really matter so you need not feel restricted. In this article I reveal a better budgeting technique using the model “Pay Yourself First (in practice)”
Protect yourself from identity theft
Two months ago my sister, Julia was the victim of identity fraud. Two thousand dollars quickly disappeared from her bank accounts before she detected it. This week is National Identity Fraud Awareness Week (NIDFAW), so I encourage you to consider how you may be placing yourself at risk of identity fraud. Then act to prevent [...]
Announcing: DIY Wealth Creation Course
Do you want to take more control over the management and investment of your money but are not sure what is right for you? If so, this DIY Wealth Creation course may be on the money for you. Create your own wealth creation plan This course will provide you with a detailed overview of the [...]
A view of the tax system
A client just forwarded the following parable to me. Have a read and please let me know your reactions in the comments below. The original author is unknown. Tax cuts in terms everyone can understand Suppose that every day, ten men go out for dinner. The bill for all ten comes to $100. If they paid [...]
Kick Start 2010
Are you are goal setter? Do you like to be purposeful about the way you live, experience and achieve? If so, then this e-book is brimming with ideas to help you kick start the new decade. My article, “How To Have Enough Money For What You Want” is on page 17. Most things in life [...]
Solving The Financial Decisions On Your Mind
On Thursday I conducted a webinar in which I addressed the top three types of financial decisions that are on your mind, as submitted in the recent survey. Almost all respondants said that they think about these things daily or a few times a week. That is a lot of time and energy consumed on [...]
To Fix Interest Rates or Not?
With two interest rate rises already under our belts more people are asking me if they should be fixing their rates. Read on to discover the pros and cons and if fixing your interest rates may be right for you.
The Three Fatal Financial Behaviours
Have you ever thought you are not getting as far ahead financially as you think you should, but are not sure why? Then maybe one or more of these three behaviours may be the cause.
Take The Financial Pressure Down
Today is Stress Down Day, to raise funds for Lifeline. As part of their promotion of Stress Down Day Lifeline conducted a Newspoll to discover what was stressing Australians. The Newspoll found that two thirds of Australians are stressed about money, second only to being stressed about work. Does that include you? The Lifeline poll [...]
I declare the downturn to be over
I wonder…if together we all declared “I’ve had enough! The downturn is over. From now the economy and markets are growing;” could we create a self-fulfilling prophecy? Yes? You think we could? Great, then join me now in making the declaration and spread the word to your friends, family and everyone you know. Blog it, [...]
Media “experts” finally held to account
“Even if nothing happened in the financial markets that day there would still be a 60 page edition of The Australian Financial Review published the next day.” That was the view shared by one of my first lecturers in financial planning back in 2000. (I wish I could remember which lecturer so I could give [...]
Deciding when to start investing again
At some time during the recent bear market did you sell most or all your investments to cash? Or maybe have you been holding out on your regular investment plan because you haven’t felt comfortable? Watch the video below for some insights into how to decide when to start investing again.
Ten Best Paid Politicians – Value for Money?
With all the kerfuffle by politicians over the remuneration of company executives I found it interesting to read this list of the ten best paid national leaders. Originally compiled by The Times and then re-crunched by The Australian to show their payper capita. (If the link does not work you may also read the article [...]
Find Ten for Wealth
As I recently rode around a nearby lake with my daughter I noticed a Find Thirty logo painted on the pavement. The Find Thirty campaign encourages us to complete 30 minutes of physical activity each day as an investment in our physical health. Imagine the possibilities if we also found thirty minutes for wealth? Imagine [...]
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