By Matt Hern on February 13, 2010
There is such a myriad of ideas for how to manage you money it is very difficult to know where to start and what is appropriate for you.
In one of my regular interviews on Wake Up! WA we discussed money tips for young people, including students. IN the later half of the interview we also [...]
Posted in Saving | Tagged children, Managing your money, media mentions, video
By Matt Hern on January 29, 2010
Owning your own home is one major goal for many young Australians. But with property prices so high a first mortgage may appear out of reach. In this interview on Wake Up WA, Certified Financial Planner professional Matt Hern shares three strategies that first home buyers (especially young people) can use to save up to [...]
Posted in Property, Saving | Tagged home buyers, property, video
By Matt Hern on January 26, 2010
Confused by economics? Then you may enjoy this humorous video by Yoram Bauman, The Stand-Up Economist.
Posted in Economics | Tagged economics, humour, video
By Matt Hern on December 6, 2009
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 money [...]
Posted in Featured, Growing, Planning, Saving | Tagged video
By Matt Hern on June 4, 2009
For those still a little bit baffled by how the credit crisis started and then snowballed I recommend you spend 11 minutes watching this video. The concepts are very simply explained including: leverage, collaterised debt obligation and sub-prime. The knowledge will help you become a better investor in the future so that you can better understand [...]
Posted in Economics | Tagged Global financial crisis, video
By Matt Hern on June 3, 2009
Certified Financial Planner, or CFP is the top level certification for financial planners. It takes quite a bit of knowledge, skill and experience to be awarded this certification.
When seeking financial planning advice, especially for the first time I recommend that you start by speaeking with CFPs. You can find them on the Financial Planning Association [...]
Posted in Getting Advice | Tagged certified financial planner, financial advice, Financial Planning Association (FPA), video
By Matt Hern on April 28, 2009
Are you worried about how you will cope if your job is made redundant? Is this occupying your mind for too much of the day, taking some of the joy out of life or even worse, causing you to lose sleep?
If you have the three elements shared in this video in place then you can [...]
Posted in Retrenchment | Tagged Global financial crisis, redundancy advice, video
By Matt Hern on April 28, 2009
“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 [...]
Posted in More Tips | Tagged financial media, Global financial crisis, humour, video
By Matt Hern on April 7, 2009
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.
Posted in Featured, Growing | Tagged behavioural finance, Global financial crisis, investment, market timing, video
By Matt Hern on June 29, 2008
To create wealth is it better to do it yourself or outsource? Is an active approach better than passive? If you do outsource some parts, how do you know what to outsource?
In this interview on Wake Up WA, I answer these questions with a unique model I have developed. Watch the video now.
Posted in Getting Advice | Tagged financial advice, investment, media mentions, video
By Matt Hern on March 20, 2008
In his latest article, Robin Bowerman of Vanguard Investments Australia suggests: “There is one clear lesson investors can learn from the recent sharemarket turmoil – the smart way to invest is to keep things simple.”
It is an excellent article that discusses behavioural finance and draws on research from Steve Utkus, the head of Vanguard’s US [...]
| Tagged investment, video, wealth mindset
By Matt Hern on March 17, 2008
There is a tradition at Carnegie Mellon University called “The Last Lecture” – if you knew you were about to die what would you share with your students in your last lecture? Dr Randy Pausch recently gave such a lecture, with a twist.
My passion is helping people achieve their lifestyle goals through the wise management [...]
| Tagged success formulas, video
By Matt Hern on January 31, 2008
When you’re fighting fit and rarely see a doctor it can be hard to imagine ever needing insurance.
Watch this true story of David Blakeway, a middle-age professional who suddenly suffered an aneurism. David
describes his surgery, time in hospital and how his Total & Permanent Disability (TPD) claim allowed him to ‘put his life back together [...]
Posted in Protecting | Tagged Protecting, video
By Matt Hern on January 8, 2008
About one in six Brits has received bad financial advice from their friends and family and have suffered financially and emotionally as a result, according to new research from the specialist mortgage provider (Birmingham Midshires)Almost one in five (17%) wasted a lot of time in the process. Just over one in 10 (12%) admitted that [...]
Posted in Getting Advice | Tagged financial advice, statistics, video
By Matt Hern on November 8, 2007
Wow, the Christmas decorations are up and about in the shopping centres and even through Perth city centre. Christmas is a terrific fun time, but historically it also is a time where we not only eat and party to excess but we seem to spend to excess. Eating to excess leaves us feeling terrible and [...]
Posted in Saving | Tagged cashflow control, christmas saving, debt, debt hangover, video