Think and Grow Rich is one of the most popular books on personal development. It is also considered by many to be one of the most influential books ever written and I would have to agree. Over 100 Million Copies Sold It was first published in 1937 and had sold more than 20 million copies, and by 2015 over 100 million copies had been sold worldwide. It remains the biggest seller of Napoleon [...]
In a recent blog about property cycles, I explained in depth how there is always an opportunity regardless of what the broader Australian property market may be doing. Right now, there is confusion due to incorrect media reporting about the Australian real estate market. If you ask the average Joe what’s happening in the market right now, you’ll likely receive the answer that property prices are crashing. Yes, there are [...]
https://www.youtube.com/watch?v=tDur6nIiRn0 Hi everyone, Leonie here at Wealthology and today I wanted to talk to you about the benefits of having an annual financial health check. You will find often that throughout the year your financial situation may change, interest rates may go up, you may have received an increase in your salary, which is always exciting, you may have taken out another credit card, or perhaps taken on a car [...]
Buying property is an exciting journey and personally rewarding. Having a good deposit – the more savings or equity in other property you have is a bonus, but the reality is that most of us need to borrow money to achieve the property goal. Being savvy can help you make decisions confidently so here are a couple of common questions I get asked. Does A Cheaper Interest Rate Save You [...]
If you are born poor it's not your mistake, if you die poor it's your mistake – Bill Gates Wealth is a by-product of our mindset. While many individuals have the privilege of attaining wealth through inheritance, most others generally make it through efforts and smart strategies. Quite often it is perceived in terms of dollar value. However, wealth as such is considered to be of possessing material items that [...]
Do you lose sleep over your dismal financial situation? Are you fighting with your partner about money? How To Create Your Desired Financial Situation In 3 Simple Ways: Stop Spending More Than You Earn. Simple I know this sounds a tad ridiculous but you would be surprised at how many people we meet that can’t manage this very simple money principle. In the book ‘Richest Man in Babylon’ George S [...]
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 [...]
