Are you an everyday person looking for a way to build wealth and achieve financial freedom? You're not alone. Many people dream of becoming rich, but few understand the essential components of a financial strategy framework that can help them get there. In this article, we'll explore these five key components and how you can
Life is short, and wanting to invest, is a lousy alternative to actually investing. To improve our investing habits, we need to think about the deeper aspects of our psychology that drive them. For instance, before we act on our behaviours, we make tactical choices about what actions to take. Those choices are based on
Uncovering Your Purpose as an Investor: It's not something I hear talked about much. In the world of finance, you may have encountered various labels - entrepreneur, creditor, debtor, and of course, the investor. You might not have realised it, but if you've ever planned to retire in a debt-free home, you've been an investor
Pay down your mortgage quickly, stick to managed funds (passive ones, if possible), and reduce your spending to a bare minimum. Some people will find this pleasing, and others, let's be honest a bit bland. Financial advice is only every useful when it's fresh. Take an old tip or trick you learn (or worse, from
I’m going to share an observation that I’ve learnt from my most successful clients for over 15 years. You don’t build property wealth by reducing debt. You do it by holding assets that grow in value. Why is it then that there’s an entire industry devoted to debt repayment? We consistently see people who've paid
Who wants to listen to a cheesy show about making money and showing off about how much they know? Well if it’s going to be that kind of party I’ll go stick my face in some mashed potatoes - it’s high time that someone starts getting real about how they talk about financial literacy. The
You could be smoking crack or selling babies on eBay, but no this is way, waaaaaaaay worse - you're a property investor! All your non-property investor friends think you’ve run off and joined a cult, your uncle thinks you’re insane for borrowing that amount of money, and the only one excited is your mortgage adviser!!
Imagine you're dying of cancer - would you be willing to do almost anything to win back good health? In a battle for life and death, what would you do to win? There are 3 traps that snare many home buyers - here they are, and you won't hear this anywhere else! 1 - The
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
