Debt Rules

If the response to my last blog is anything to go by it appears that many people are keen to make a change for the better with their finances starting right now. It also appears that debt is a major concern to many people. So today we start looking at the simple steps you can take to reduce the debt …

Financial Success in 2016

I’m sure astronomers have failed to report that the world’s orbits around the sun have started accelerating! We’re roaring into the second half of the decade and 2020 is really not that far off! Early in December 2015 I was feeling like I needed a break. Instead I installed a Swimming Pool in my back yard and fenced and paved …

What is the value of a car?

What Is Your Car Worth? It never ceases to amaze me how much people spend on the purchase of a car. There is a general rule of thumb that says you should not spend more than two months income on a car. Clearly this rule is either not known widely enough or it is just being ignored. If you follow the …

Have you ever used the Envelopes System?

Have you ever tried using the ‘Envelopes’ system in an effort to have money available when your bills arrive? Your grandmother may have used a similar system but with jam jars used to store money instead of envelopes. Whether it’s jam jars, envelopes or even bank accounts, this system has some merit but it actually requires you to spend way …

Spending Planners

Have you ever looked at the state the world is in and just shook your head? Have you ever thought you’d like to help change the world but had no idea what to do or where to start? In an email I sent out earlier this year I announced I was going to create a new profession called ‘Spending Planners’ …

Multiple Streams of Income

One of the principles I encourage people to apply is to always be on the lookout for ways to generate additional income. Just because you have a job doesn’t mean you have to limit yourself to that job’s income. At last count I think I had earned money in over 35 different ways since earning my first pocket money doing …

Is There Life After Debt?

No I’m not going to tackle the heaven and hell question today. My topic is Life after DEBT! In my last blog I talked about the fact that almost everybody has an addiction. Most of us have prioritised the things that we do in our lives so that we put what we love doing ahead of what we really ought to …

Everyone Has an Addiction

If you’ve had anything to do with little children you will know they are always busy doing something and don’t want to be interrupted. If you ask them to get in the bath they don’t want to stop what they are doing and it’s a struggle to get them in there. Once you get them in it’s a struggle to …

Is it possible for everyone to become rich?

Today I want to look at the age old question; is it possible for everyone to be rich? Unfortunately there is a very simple answer to this question that you won’t want to hear. The answer to the question is very simply; NO, It’s not possible! Why? Because the word Rich could not exist if the word Poor did not …

Getting Out of Debt

Last night I was chatting with one of my Simple Wealth Steps clients who had previously purchased an investment property off the plan and when it was completed he found it was a lemon! The rent was not going even close to covering the repayments and it was sucking them dry each week. That is not an uncommon scenario, and …