So you’re taking a trip and you’re deciding what to bring. The weather, your free time, transport and accommodation, all important considerations right? Planning a trip and your retirement should be approached in a similar way. If you’re in your 40’s you may have about 20-30 years to prepare for a period of time that
Now that you know what retirement is (it’s the point in time that you’ve chosen to stop working because you need the money.), Let’s talk about what it’s going to be like. 5-year-olds know what they’re going to be when they grow up - 45-year-olds don’t. What happened? For crying out loud this is a
1- It’s a point in time. It’s not a state of being. ‘Retired’ sounds so negative - like chewed up and spit out or tired, but not just regular tired - it’s tired again. Retirement isn’t about saggy bits and pieces of pale flesh - there could be something exciting about it, like planning for
Money smarts are one thing, but teaching your kids what to do with money without first teaching them how to get it - it’s a bit dumb don’t you think? 1 - Work first then play In no way am I a good parent in the traditional sense, just ask my wife. She’s the good
Ever been late to a gathering just to find out that you clearly missed the party? Nope, it wasn’t the Asti Spumante or the cheap cologne, you just got the timing wrong. A ‘property investment bull trap’ occurs when you’re too late to the party. You hear amazing things about the gains and experiences of
Righto, let’s continue our tale of two coins - last time I covered the current monetary system. Our ‘fiat’ currency doesn’t represent what we think it does (we think it’s an asset but it’s merely a credit note). As uncomfortable as it makes people like me that do what I do, there’s new money on
Righto, let’s have a crack at a topic that people like me don’t like talking about. The main reason why is because it’s new, and anything new, especially when it has the potential to change the status quo, makes one feel uncomfortable. Do you kind of feel the same way? So yeah, this stuff scares
Never! A boat: A wedge-shaped fibreglass hole in the water large enough to absorb all your disposable income. If the weather's right, if you have time, and if it doesn’t need maintenance and repair, you’ll have a great day on the water every time! Now do I endorse borrowing to put anything on the house
I’ve seen this story play out a hundred times in the last couple of years: First home is great, then come the children and the walls start moving in like that scene from Star Wars. The house just isn’t big enough anymore and it’s time for a change. The kitchen needs work, you need another
‘Never, it should go next to the house!’ - said some smart-ass in the corner. You know what I’m talking about right though- you own a home with a backyard that’s simply crying out for it - ‘gimme a pool!!!’ You potentially had one as a child and you had fond memories of having your
