money

Myth #1 – Loyality will be rewarded?

By |2019-08-08T23:07:26+00:00August 30th, 2018|Finance, Mortgages, Myths busted!|

I've been loyal to my bank, so they'll look after me! Yes, this used to be true...but...Loyalty is NOT rewarded these days my friend! Here’s why: 1 - It’s not the bank who cares about you - it’s the PEOPLE. And good people often move on and get promoted! 2 - Rules trump all in

Myth #2 – A financial advisor will take away my fun!

By |2018-08-30T23:51:51+00:00August 30th, 2018|Finance, Investing, Mortgages, Myths busted!|

A financial adviser will take away all my fun! A financial adviser won't take away from your quality of life - they should actually be adding to it. Instead of judgement here - I'm going to bring some revelation to the area of your personal finance: - It's not about 'stopping' something - It's not

Myth #3 Financial advisors get kickbacks!

By |2019-08-08T23:08:18+00:00August 30th, 2018|Finance, Insurance, Interest Rates, Mortgages, Myths busted!|

Financial Advisers just want to sell you products so they can get paid! Well, here’s a myth that has truth in it - the answer is...YES!! Financial advisers want to get paid! Do you go to work for free? The real question that you want to ask here is this: Does the desire to get

Myth #4 – I’ll build wealth once I’m debt free

By |2018-08-30T23:53:10+00:00August 30th, 2018|Finance, Interest Rates, Investing, Investment Property, Myths busted!|

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

Myth #5 – Renovations can add value

By |2018-08-30T23:53:49+00:00August 30th, 2018|Finance, Myths busted!|

Now before you freak out and turn off, I'm not talking about replacing your kitchen or bathroom or even painting and doing the floors. I'm talking about full-blown renovations with council approvals, with big, wordy contracts from your builder, and all sorts of reports for things you've never even heard of. In most cases, renovations

Myth #6 If I shop around I’ll get the best rate

By |2019-08-08T23:13:23+00:00August 29th, 2018|Finance, Interest Rates, Mortgages, Myths busted!|

It’s not about the rate that you pay, it’s about the rate at which you repay that matters - get rid of that debt fast, and your interest bill is cheaper. This truth is often ignored as it's not as easy to quantify and compare as a low number - this, unfortunately, causes many to

3 Vicious traps for home buyers!

By |2018-07-18T04:47:46+00:00July 18th, 2018|Finance, Interest Rates, Investing, Investment Property|

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

Retirement – How much will it cost?

By |2018-07-08T23:08:06+00:00July 8th, 2018|Finance, Retirement|

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

Retirement – What is it?

By |2018-06-21T22:56:56+00:00June 21st, 2018|Finance, Mortgages, Retirement, Tomorrow's U|

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

Don’t be so namby pamby – teach your kids how to work

By |2018-06-08T01:47:37+00:00May 29th, 2018|Finance, Kids|

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