Category: Personal finance
Invest long term for predictable high returns
Share and bond markets go through cycles. It is exceedingly difficult to predict the bottom and tops of these cycles. The share market is ...
Using self-control to increase wealth
Self-control is defined as the ability to regulate behavioural, emotional, and attentional impulses to achieve long-term goals. Self-control early in life is a strong ...
Can you afford a rise in the cash rate?
With the Reserve Bank of Australia (RBA) keeping interest rates at historically low levels (currently 0.1 per cent) and competitive mortgage rates as low ...
Debt servicing costs should not exceed 30 per cent of income
Debt is useful for buying assets and leveraging to increase our wealth. But how much debt is too much? For the average Australian, debt ...
Eat your leftovers
The average grocery spend per week in Australia is $140. That equates to $6,720 per year. On average we throw away 20% of our ...
No interest loans
No interest loans can be accessed by those who need an immediate cash boost to get their heads above water. Individuals struggling with money ...
Surround yourself with success
Whether in your personal life, or business, you are only as good as the people around you. Choose successful friends and circulate with high ...
Have the money conversation with you partner
If it looks like your relationship is getting serious, have the money talk as early as possible. Whilst it might not seem romantic ...
Keep good records of your expenditure
Keeping good records of your expenses is essential to building wealth. For example, keeping your purchase receipts is critical for recording any claimable ...
Save money before you get it
The 'save money before you get it' strategy helps those who find it difficult to meet their weekly or monthly savings goals. It prevents ...