If you’ve been watching the news lately you will certainly have noticed that the Australian Banking Royal Commission has revealed a number of ‘less than desirable’ practices that have been used by our banks. What you may not have known though is that over the last couple of years, with the threat of a royal commission over their heads, the …
Are You All Budgeted Out Yet?
Are You All Budgeted Out Yet? So by now I’m sure you’ve heard more than enough about the federal budget.No matter what any government puts forward for a budget plan we know others, especially the opposition, are going to pick fault with it. As far as a budget is concerned no one ever gets to create a budget that pleases …
Why Would I Accept This Offer?
Why Would I Accept This Offer? I received a letter in the mail the other day offering for me to pay my electricity bill monthly rather than 3 monthly. To some this might sound like a good idea and a way of making the electricity bill less of a shock when it arrives (pun intended). However I don’t think it …
My ‘Unhappy Birthday’ Surprise
It’s March already which means I’m having yet another birthday very soon (I’m clinging onto the 50’s but only just!). What do I want for my birthday this year? Not much really, but what came my way could have left me with a rather unhappy birthday. Every one of us experiences what happened to me so I thought I would …
Debt Consolidation – Opportunity to Smash Your Debts
I often come across people who are using debt consolidation to get out of a debt faster. They have refinanced their mortgage to a lower interest rate and at the same time have ‘consolidated’ other higher interest rate debts such as Credit Cards, into their mortgage. If you have used my DebtBuster software you will have seen the power of …
Smarter Debt Reduction
Welcome to February! We’re currently looking at debt reduction. The problem with debt is that you’ve already had the excitement of spending the money; now you’re faced with the pain of paying for it! It’s hard to get excited about getting up in the morning and going to work to pay for a thrill you’ve already had! Last week I …
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 …
Lessons from my Lego Collection
My grand-kids found the family Lego collection that spans some 30 years and over time they have gradually reduced it to rubble. Here is just a small part of a big mess! Can you imagine if your finances looked like this and then disaster struck? It’s already a disaster! How would you cope with more trouble? My wife and I …
So, what IS a predictable expense?
In my last blog I spoke about taking control of what is controllable and I referred to a couple I’ve been working with who had an unexpected expense. I commented that this particular expense was not ‘unpredictable’, it had just occurred ‘unexpectedly’. So today let’s consider what is predictable. As far as I’m concerned, anything that is predictable should be controllable …
A Simple Rule To De-Stress Your Finances
Today I have something really simple yet powerful to share with you. One of my ‘Platinum’ clients is currently going through some financial challenges that were not part of the initial plan and they’re feeling a little distressed as a result. Part of the reason for these feelings is that since we started working together the financial stress has been almost …