The sad reality is the majority of us are drastically under prepared when it comes time to retire, particularly women: - Approx. 70% of Australians aged 65 or over currently live on a gross weekly income of less than $300.* - Approx. average retiring income $16,000* p.a. - $1,000,000* approx. amount required to retire comfortably for 2 decades. Most of us at retirement age have less than a third of [...]
I will be forever grateful to my Dad for introducing me to the world of property when I was just 18yrs old. I don’t think he quite realised at the time what an extremely powerful opportunity he was presenting which has allowed me to go on and create a much better financial future for myself than he could have imagined at the time. I guess you could say my Dad [...]
https://youtu.be/F4SnaoIg0cw So, understand the simple rules of acquisition. Has anyone seen or read this book? The Richest Man in Babylon. This is a bit of a parable. It tells us how we can create more money, keep our money and grow our money. You might have to move fast for this one. Save 10% at least. Control spending. Necessary expenses will always grow to your income, right? Who's [...]
The year was 1993, I was 18 years old and Dad helped me purchase an investment property with some friends after I’d received an insurance payout from a car accident I was involved in when I was just 11. A few years later, I began a 10 year stint in London and Mum’s worst nightmare come true. I fell in love with an Englishman! After purchasing an old house we [...]
According to RP Data and the Census Data from 2011 only 7.9% of Australians own an investment property, even though property is a national past-time. And only 0.068% own six or more investment properties. A lot of people are overwhelmed by the process and quit before they even begin but it doesn’t have to be hard. The reality is that investing in property is relatively straightforward when you work with [...]
Building wealth can be challenging for some, particularly if you don’t have the right tools. Putting time in to your own development to grow will allow you to achieve higher levels of success. If you do these 3 things you will experience a level of growth you’ve never experience before. THE 3 PILLARS OF WEALTH SUCCESS ⇛ MINDSET The greatest asset you will develop is your mindset but what is [...]
To ensure success it is important to create a strategic and structured plan, scheduling your objectives and goals - not only to accelerate your wealth but also to create the life you desire. Before successful people write down their goals firstly they write down what their ideal life would look like - visualise in their mind images of how they want their world to be. They then use this to [...]
No matter where you are on your financial journey you need to know it is possible to turn your financial life around. Making small changes in your life can fatten your savings and help you budget better. Follow these tips to save more money. Change One Habit and Save Using a Budget is Beneficial Use a Savings Goal Calculator Reduce Your Bank Fees Be Conscious About Money Change One Habit [...]
Halloween often involves telling scary stories, kids dressed up in home-made outfits running up and down the street trick or treating and of course the unusual tradition of carving up pumpkins. I was reminded recently of a scary story a client (John) told me about his Mum and Dad who divorced when he was about 27 years old. Mum used her share of the settlement and brought a little three bedroom house [...]
Property investment can make you wealthy beyond your wildest dreams. It’s a great way to end wage slavery and build a future without money worries and here’s why. Control and leverage are the property investor’s friend. They allow you to investment more money than you have or could normally borrow by investing only a small sum of your own money. There are no other investment classes which offer the investor [...]
